FAQ about Subrogation Specialist
1. Where can a Subrogation Specialist earn the most?
A Subrogation Specialist's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Subrogation Specialist earns the most in San Jose, CA, where the annual salary of a Subrogation Specialist is $56,235.
2. What is the highest pay for Subrogation Specialist?
The highest pay for Subrogation Specialist is $55,484.
3. What is the lowest pay for Subrogation Specialist?
The lowest pay for Subrogation Specialist is $36,861.
4. What are the responsibilities of Subrogation Specialist?
Responsible for subrogation activities including the identification and research of subrogation claims. 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. May require a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.