Subrogation Recovery Analyst Salary in Modest Town, VA

Subrogation Claim and Recovery Supervisor - Average Salary $67,900

The Subrogation Claim and Recovery Supervisor develops and maintains efficient other party liability and coordination of benefits systems. Supervises the activities of the department which processes subrogation claims, such as duplicate coverage, workers' compensation, and no-fault claims according to established standards and schedules. Being a Subrogation Claim and Recovery Supervisor requires a bachelor's degree. May be responsible for hiring, training, and firing staff. In addition, Subrogation Claim and Recovery Supervisor typically reports to the head of a unit/department. The Subrogation Claim and Recovery Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. Working as a Subrogation Claim and Recovery Supervisor typically requires 3 years experience in the related area as an individual contributor.

Subrogation Claim and Recovery Specialist - Average Salary $43,200

The Subrogation Claim and Recovery Specialist assists in the recovery of overpayments for duplicate coverage, workers' compensation, and no-fault claims. Responsible for subrogation activities including the identification and research of subrogation claims. Being a Subrogation Claim and Recovery Specialist researches paid claims, answers inquiries, and coordinates with other departments, insurance adjustors, attorneys, and members. Identifies legal liability and pursues, negotiates, and settles subrogation collection. In addition, Subrogation Claim and Recovery Specialist 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. Requires a high school diploma or its equivalent. Typically reports to a manager or supervisor. Being a Subrogation Claim and Recovery Specialist works under moderate supervision. Gains or has attained full proficiency in a specific area of discipline. Working as a Subrogation Claim and Recovery Specialist typically requires 1-3 years of related experience, or may need 0 years of experience with additional specialized training and/or certification.

Subrogation Claim and Recovery Manager - Average Salary $94,700

The Subrogation Claim and Recovery Manager oversees the evaluation of subrogation claims and recovery of overpayments for duplicate coverage, workers' compensation, and no-fault claims. Responsible for the daily operations of the department which processes subrogation claims according to established standards and schedules. Being a Subrogation Claim and Recovery Manager may be responsible for hiring, training, and firing staff. Develops and maintains efficient other party liability and coordination of benefits systems. In addition, Subrogation Claim and Recovery Manager may require a bachelor's degree. Typically reports to a manager or head of a unit/department. The Subrogation Claim and Recovery Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Working as a Subrogation Claim and Recovery Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.

Subrogation Specialist - Average Salary $43,160

Subrogation Specialist is 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. Being a Subrogation Specialist 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. Additionally, Subrogation Specialist 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. Requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Subrogation Specialist works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Subrogation Specialist typically requires 1-3 years of related experience.

Subrogation Manager - Average Salary $94,639

Subrogation Manager is responsible for the daily operations of the department which processes subrogation claims according to established standards and schedules. Oversees the evaluation of subrogation claims and recovery of overpayments for duplicate coverage, workers' compensation, and no-fault claims. Being a Subrogation Manager develops and maintains efficient other party liability and coordination of benefits systems. May be responsible for hiring, training, and firing staff. Additionally, Subrogation Manager may require a bachelor's degree. Typically reports to a manager or head of a unit/department. The Subrogation Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Subrogation Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.