Subrogation Specialist

Posted 3 Days Ago
Be an Early Applicant
Itasca, IL, USA
In-Office
17-19 Hourly
Junior
Fintech • Payments • Financial Services
The Role
Collect outstanding balances and resolve disputed invoices by communicating with businesses, researching contacts, negotiating settlements with insurers and attorneys, establishing lien releases and payment contracts, preparing investigative correspondence, and escalating high-risk accounts. Maintain assigned account work standards and deescalate adverse situations while documenting findings.
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, and SubroIQ, each a powerhouse in its own right, providing specialized expertise in debt management and financial services. 
SubroIQ is seeking a Subrogation Specialist as we continue to grow our team! This position includes collecting outstanding balances, providing needed documentation, coordinating the resolution of disputed invoices, and escalating high-risk customer accounts when necessary. 
Job Responsibilities:  

  • Communicate with businesses via the telephone and written correspondence 
  • Complete activities such as phone calls, internet searches, third-party report reviews, etc., to obtain reliable contact information 
  • Maintain minimum account work standards as assigned by Management. 
  • Negotiate claims’ resolution with insurance carriers, attorneys, and responsible parties
  • Establish agreements for lien releases
  • Establish monthly payment contracts
  • Prepare investigative correspondence
  • Acquire background information, when necessary
Job Requirements:  
  • 1 year of 3rd party collections and/or subrogation experience required
  • Exercise independent judgment
  • Negotiate settlements
  • Basic proficiency with Microsoft Office, data entry, and strong computer skills, Excel preferred 
  • Critical Thinker 
  • Strong attention to detail and goal-oriented 
  • Ability to deescalate adverse situations 
  • Strong interpersonal, communication, and organizational skills 
  • Dependability 
  • Customer Service experience is REQUIRED
Compensation and Benefits: 
  • $17-19 (DOE) per hour plus commission 
  • Benefits 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

  • 1 year of 3rd party collections and/or subrogation experience
  • Customer service experience
  • Exercise independent judgment
  • Negotiate settlements with insurance carriers, attorneys, and responsible parties
  • Basic proficiency with Microsoft Office and data entry
  • Excel proficiency
  • Critical thinker
  • Strong attention to detail and goal-oriented
  • Ability to deescalate adverse situations
  • Strong interpersonal, communication, and organizational skills
  • Dependability
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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

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