7 general skills or competencies (Job family competencies) for Subrogation Manager
Skill definition-Facilitating the acquisition or collection of payments for invoices to prevent overdue or delinquent payments of invoices.
Level 1 Behaviors
(General Familiarity)
Discusses the importance of cash collections in keeping the cash flow in the organization.
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Level 2 Behaviors
(Light Experience)
Follows policies and procedures in collecting cash from clients.
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Level 3 Behaviors
(Moderate Experience)
Implements improvements on processes and programs to ensure high quality and efficient cash collection.
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Level 4 Behaviors
(Extensive Experience)
Facilitates cash collections through communication with payment offices to maximize positive cash flow.
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Level 5 Behaviors
(Mastery)
Develops and designs processes for cash collection activities to improve cash flow and downsize receivables.
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Skill definition-Resolving disputes by filing or answering a complaint through the public court system.
Level 1 Behaviors
(General Familiarity)
Explains the local rules relating to litigation and appeals.
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Level 2 Behaviors
(Light Experience)
Gathers responses to discovery to identify witnesses for depositions.
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Level 3 Behaviors
(Moderate Experience)
Leads the document preparation for the litigation process and ongoing litigation cases.
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Level 4 Behaviors
(Extensive Experience)
Develops data analytics to drive litigation strategy and efficiencies.
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Level 5 Behaviors
(Mastery)
Develops cost-effective case strategies to prosecute and resolve litigation.
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8 soft skills or competencies (core competencies) for Subrogation Manager
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)
Explains the importance of budget reporting and forecasting in our workplace.
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Level 2 Behaviors
(Light Experience)
Supplies supporting information and justification for major line items.
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Level 3 Behaviors
(Moderate Experience)
Utilizes software tools and applications to forecast our annual budget accurately.
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Level 4 Behaviors
(Extensive Experience)
Provides in-depth training to our entire organization about the zero based budgeting methodology.
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Level 5 Behaviors
(Mastery)
Introduces technologies, policies, and programs for more effective budget management.
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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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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.