Skills & Competencies for Subrogation Manager

Subrogation Manager job profile

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JOB SUMMARY for Subrogation Manager

Responsible for the daily operations of the department which processes subrogation claims according to established standards and schedules.

JOB RESPONSIBILITIES for Subrogation Manager

Oversees the evaluation of subrogation claims and recovery of overpayments for duplicate coverage, workers' compensation, and no-fault claims. Develops and maintains efficient other party liability and coordination of benefits systems. May be responsible for hiring, training, and firing staff.

Subrogation Manager SALARY RANGE

BASE 50%
$103,002
TOTAL 50%
$115,049
Job Level
M02
Job Code
HC07000598
Education/Degree
Bachelor's Degree
Reports To
Manager or Head of a Unit/Department

Subrogation Manager Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Subrogation Manager skill and competencie below to view definitions.
JOB FAMILY COMPETENCIES CORE COMPETENCIES
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7 general skills or competencies (Job family competencies) for Subrogation Manager

1 Job Family Competencies – Cash Collection
Proficiency Level -3
Skill definition-Facilitating the acquisition or collection of payments for invoices to prevent overdue or delinquent payments of invoices.
Level 1 Behaviors
(General Familiarity)
Cites basic principles and practices in handling cash collection.
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Level 2 Behaviors
(Light Experience)
Assists cash application and collection of past-due accounts to ensure payment efficiency.
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Level 3 Behaviors
(Moderate Experience)
Communicates with the team to ensure cash collections align with bank account reconciliations and management reporting.
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Level 4 Behaviors
(Extensive Experience)
Creates and initiates solutions to billing issues to maximize cash collections and improve the revenue cycle.
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Level 5 Behaviors
(Mastery)
Builds the necessary accounts receivable tracking systems to maximize cash collections and cash flow.
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2 Job Family Competencies – Litigation
Proficiency Level -3
Skill definition-Resolving disputes by filing or answering a complaint through the public court system.
Level 1 Behaviors
(General Familiarity)
Describes the stages of litigation for defending a claim, discovery, mediation, and trial.
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Level 2 Behaviors
(Light Experience)
Assists with cases to ensure the timely processing of the different pre-litigation stages.
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Level 3 Behaviors
(Moderate Experience)
Communicates cross-departmentally regarding claims and appeals handling of pending litigation.
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Level 4 Behaviors
(Extensive Experience)
Coaches the legal team in handling moderately to highly complex litigation.
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Level 5 Behaviors
(Mastery)
Creates databases for use in litigation with various litigation-support software packages.
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3 Subrogation Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Subrogation Manager
Proficiency Level - 4
5 Competency for - Subrogation Manager
Proficiency Level - 5

8 soft skills or competencies (core competencies) for Subrogation Manager

1 Core Competencies – Budgeting
Proficiency Level -2
Skill definition-Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.
Level 1 Behaviors
(General Familiarity)
Compiles a list of basic issues and risks for conducting our budget processes.
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Level 2 Behaviors
(Light Experience)
Assists in developing and improving budgeting models, plans, and strategies.
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Level 3 Behaviors
(Moderate Experience)
Compares planned budgets vs. actual expenditures, identifies, reports, and explains variances.
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Level 4 Behaviors
(Extensive Experience)
Anticipates organizational income and expenses to make forecasts and develop budget plans.
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Level 5 Behaviors
(Mastery)
Adapts relevant industry trends on techniques in financial budgeting in our organization.
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2 Core Competencies – Planning and Organizing
Proficiency Level -3
Skill definition-Managing and prioritizing resources and workloads by creating well-organized plans to attain organizational goals and objectives.
Level 1 Behaviors
(General Familiarity)
Lists commonly used tools in workplace planning and organization.
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Level 2 Behaviors
(Light Experience)
Works with specific tools in prioritizing and allocating resources to ensure task accuracy.
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Level 3 Behaviors
(Moderate Experience)
Prepares schedules to plan, organize, and complete priorities promptly.
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Level 4 Behaviors
(Extensive Experience)
Sets short- and long-term objectives to organize team workload and improve efficiency.
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Level 5 Behaviors
(Mastery)
Leads the development of new techniques and strategies to drive effective planning and organization.
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3 Subrogation Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Subrogation Manager
Proficiency Level - 4
5 Competency for - Subrogation Manager
Proficiency Level - 5

Summary of Subrogation Manager skills and competencies

There are 0 hard skills for Subrogation Manager..
7 general skills for Subrogation Manager, Cash Collection, Litigation, Healthcare Industry, etc.
8 soft skills for Subrogation Manager, Budgeting, Planning and Organizing, Judgment and Decision Making, etc.
While the list totals 15 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Subrogation Manager, he or she needs to be proficient in Budgeting, be skilled in Planning and Organizing, and be skilled in Judgment and Decision Making.

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