Subrogation Specialist

Posted 7 Days Ago
Be an Early Applicant
Itasca, IL
1-3 Years Experience
Fintech • Payments • Financial Services
The Role
The Subrogation Specialist is responsible for collecting outstanding balances, resolving invoice disputes, negotiating claims with insurers and attorneys, and maintaining communication with businesses. The role involves using various methods to gather information and ensuring compliance with management's account work standards.
Summary Generated by Built In

ARMStrong Receivable Management 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 Altus Receivables Management, Amalgamated Financial Group, Brown & Joseph, Paragon, and SubroIQ, each a powerhouse in their own right, providing specialized expertise in debt management and financial services.
SubroIQ is seeking a Collection 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:

  • Exercise independent judgment
  • Negotiate settlements
  • Recover money from the responsible party in a tort liability claim
  • 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: 

  • $17-20 (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!
 

Top Skills

MS Office
The Company
Itasca, Illnois
699 Employees
On-site Workplace

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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