Subrogation Recovery Specialist

Posted Yesterday
Be an Early Applicant
Chicago, IL, USA
In-Office
21-26 Hourly
Entry level
Fintech • Payments • Financial Services
The Role
Make high-volume inbound/outbound calls and emails to recover subrogation balances; negotiate settlements with responsible parties, attorneys, and insurers; perform skip tracing and research; manage and prioritize inventory; maintain timely follow-up and client-authorized settlements while providing customer service and problem resolution.
Summary Generated by Built In

ARMStrong Insurance Services is the leading and most trusted name in the world of debt recovery and financial solutions. With a track record of excellence and reliability, we have proudly served businesses across various industries for decades, ensuring efficient B2B collections and tailored debt recovery solutions. As the parent company, ARMStrong is proud to own and operate Brown & Joseph, Paragon, NEIS and SubroIQ, each a powerhouse in their own right, providing specialized expertise in debt management and financial services.
SubroIQ is seeking a Subrogation Recovery Specialist as we continue to grow our team. Recovery Specialists perform follow-up phone calls on invoices, answering questions and solving problems to secure payment. This position 
requires heavy use of phone calls and some emails to follow up on balances due from policy holders. Recovery Specialists also focuses on customer services by problem solving and answering questions on current or past billings. 
Job Responsibilities:

  • Communicate and negotiate directly with responsible parties, attorneys, and insurance carriers via telephone and email to resolve claims with payment
  • Locate the best contact information for responsible parties through manual skip tracing, internet searches, and review of claim documents   
  • Generate leads and conversations through a high volume of inbound/outbound calls
  • Manage and prioritize a high volume of inventory with consistent follow-up
  • Exercise independent judgment in determining the best path to recovery
  • Maintain minimum account work standards, as assigned by management
  • Development and monitoring of files to timely settlement by maintaining timely follow up telephone contact with all parties as appropriate including third parties, insurance adjusters, and attorneys.
  • Negotiation of files to settlement within client’s authority and state guidelines with attorneys, and third parties (including insurance carriers)
Qualifications and Requirements:
  • Self-motivated individual who thrives in a fast-paced atmosphere
  • Ability to problem solve
  • Computer Skills / Ability to keyboard 45 words per minute
  • Excellent English communication/telephone competencies
  • Strong interpersonal skills with great organization
  • Telephone expertise in collections or customer service preferred but not required
  • Background in insurance industry is a plus but not required
  • Bilingual a huge plus!
Compensation and Benefits:
  • Hourly range is $21 - $26 per hour plus commission (DOE)
  • Benefit package with health, dental, vision, life and disability coverage options
  • 401(k) retirement plan option with company matching
  • Generous paid time off policy - start with 18 days per year
  • Paid holidays immediately upon hire - 7 standard holidays & 2 floating holidays of your choice

We look forward to you joining our team!
 

Skills Required

  • Self-motivated individual who thrives in a fast-paced atmosphere
  • Ability to problem solve
  • Computer skills and ability to keyboard 45 words per minute
  • Excellent English communication and telephone competencies
  • Strong interpersonal skills with great organization
  • Telephone expertise in collections or customer service
  • Background in insurance industry
  • Bilingual
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Lancaster, PA
699 Employees

What We Do

ARMStrong Insurance Services is the parent company of the leading and most trusted brands in the debt recovery and financial solutions industry. With a track record of excellence and reliability, we have proudly served businesses across various industries for decades, ensuring efficient B2B collections and tailored debt recovery solutions. As the parent company, ARMStrong is proud to own and operate Altus Receivables Management, Amalgamated Financial Group, Brown & Joseph, NEIS, Paragon, and SubroIQ, each a powerhouse in their own right, providing specialized expertise in debt management and financial services. Our team of seasoned professionals is dedicated to delivering results and maximizing our clients' recovery potential while maintaining the highest standards of integrity and compliance. At ARMStrong Receivable Management, we strive for excellence in every aspect, empowering businesses to overcome financial challenges and reach new heights of success

Similar Jobs

Shield AI Logo Shield AI

Senior Lead, Enterprise Strategy and Operations (R5624)

Aerospace • Artificial Intelligence • Machine Learning • Robotics • Software
In-Office or Remote
4 Locations
160K-240K Annually

Shield AI Logo Shield AI

Director, Enterprise Strategy and Operations (R5626)

Aerospace • Artificial Intelligence • Machine Learning • Robotics • Software
In-Office or Remote
4 Locations
190K-290K Annually

Expedia Group Logo Expedia Group

Principal Product Manager

AdTech • eCommerce • Information Technology • Software • Travel • Generative AI
Hybrid
4 Locations
16000 Employees
208K-387K Annually

McCain Foods Logo McCain Foods

Sales Analyst

Food • Retail • Agriculture • Manufacturing
In-Office
Oakbrook Terrace, IL, USA
20000 Employees
59K-79K Annually

Similar Companies Hiring

Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Kepler  Thumbnail
Fintech • Software
New York, New York
6 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account