Skills & Competencies for Subrogation Specialist

Subrogation Specialist job profile

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JOB SUMMARY for Subrogation Specialist

Responsible for subrogation activities including the identification and research of subrogation claims.

JOB RESPONSIBILITIES for Subrogation Specialist

Assists in the recovery of overpayments for duplicate coverage, workers' compensation, and no-fault claims. Identifies legal liability and pursues, negotiates, and settles subrogation collection. Researches paid claims, answers inquiries, and coordinates with other departments, insurance adjustors, attorneys, and members. Interacts with policyholders, claimants, witnesses, and underwriters to recommend and document the necessary information to close a file. Collects information needed to determine when an on-site investigation is necessary.

Subrogation Specialist SALARY RANGE

BASE 50%
$45,590
TOTAL 50%
$47,096
Job Level
A02
Job Code
HC07000548
Education/Degree
High School Diploma or Technical Certificate
Reports To
Manager or Supervisor

Subrogation Specialist 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 Specialist 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 Specialist

1 Job Family Competencies – Cash Collection
Proficiency Level -2
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)
Conducts follow-ups with multiple payees for cash collections of accounts.
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Level 3 Behaviors
(Moderate Experience)
Executes monthly cash collection forecasts and reporting to support the company’s cash flow metrics.
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Level 4 Behaviors
(Extensive Experience)
Directs the implementation of a cash collection strategy for different customer channels to maximize cash-in flows.
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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 -2
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 Specialist - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Subrogation Specialist
Proficiency Level - 4
5 Competency for - Subrogation Specialist
Proficiency Level - 5

6 soft skills or competencies (core competencies) for Subrogation Specialist

1 Core Competencies – Attention to Detail
Proficiency Level -2
Skill definition-Executing and completing a task with a high level of accuracy.
Level 1 Behaviors
(General Familiarity)
Cites steps and tips to improve attention to detail in the workplace.
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Level 2 Behaviors
(Light Experience)
Performs assigned responsibilities according to standard procedures and standards.
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Level 3 Behaviors
(Moderate Experience)
Implements a variety of cross-checking approaches and mechanisms.
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Level 4 Behaviors
(Extensive Experience)
Creates and implements quality management processes for our business.
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Level 5 Behaviors
(Mastery)
Defines possible hurdles to projects and creates strategies to deal with them.
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2 Core Competencies – Time Management
Proficiency Level -2
Skill definition-Managing and setting priorities, goals, and timetables to boost productivity and efficiency in completing tasks.
Level 1 Behaviors
(General Familiarity)
Cites examples of prioritization methods used to manage and save time in the workplace.
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Level 2 Behaviors
(Light Experience)
Applies principles, habits, and skills in organizing schedules to manage time productively.
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Level 3 Behaviors
(Moderate Experience)
Demonstrates a willingness to abandon tasks or projects that prove to be of little value to the business.
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Level 4 Behaviors
(Extensive Experience)
Creates programs to develop our employees' understanding of time demand and management.
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Level 5 Behaviors
(Mastery)
Designs tools to efficiently organize and keep track of tasks in progress to boost productivity.
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3 Subrogation Specialist - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Subrogation Specialist
Proficiency Level - 4
5 Competency for - Subrogation Specialist
Proficiency Level - 5

Summary of Subrogation Specialist skills and competencies

There are 0 hard skills for Subrogation Specialist.
7 general skills for Subrogation Specialist, Cash Collection, Litigation, Healthcare Industry, etc.
6 soft skills for Subrogation Specialist, Attention to Detail, Time Management, Initiative, etc.
While the list totals 13 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 Specialist, he or she needs to be proficient in Attention to Detail, be proficient in Time Management, and be proficient in Initiative.

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