Position Description

Position:	Property Salvage & Subro Representative
Reports To:	VP Claims
Direct Reports:
Indirect Reports:
Overall Purpose and Main Objectives:	To handle Subrogation and Salvage activities for the Company, maximizing recoveries.
Essential Duties & Responsibilities:	* Determines extent of investigation required for subrogation * Advises management on subrogation potential and investigation * Negotiates settlements with other insurance companies representatives by telephone or correspondence * Makes claims against responsible parties or their insurance carriers * Places cases into arbitration * Assigns, monitors, and closes all subrogation files sent to attorneys for litigation * Meets yearly subrogation goals * Meets acceptable file audit results * Maintains up-to-date diary of assigned files * Works with Salvage Vendors on auto or other property salvages to maximize recoveries * Prepares monthly report of activities * Reviews subrogation and salvage procedures and recommends changes where necessary * Performs projects as assigned * Participates in arbitration
Required Knowledge and Experience:	* Knowledge of Insurance Coverage (P&C) * Knowledge of Tort and Contractual Liability * College Degree or Work Equivalent * 3+ Years' Experience as a Claims Analyst * 3 - 5 years related property experience * Ability to Deal with Public * Ability to Make and Sustain Decisions * Oral and Written Communication Skills
Entry:
Fully Qualified:
Physical Requirements:
"The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, or skills required of personnel so classified."

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