Subrogation Specialist
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SAFETY INSURANCE COMPANY
Boston, MA, US
Summary
The Subrogation Specialist is responsible for evaluating recovery opportunities, identifying responsible party coverage, and gathering documentation to support liability claims. They also negotiate settlements with responsible parties and manage files through the arbitration process.
Job Description
Job Details: Job Location: Safety Insurance Main Office - Boston, MA, Salary Range: $55000.00 - $80000.00Salary/year, Benefits of Working for Safety
Safety Insurance is proud to be one of the leading property and casualty insurance providers in Massachusetts. We are committed to supporting independent agents and their customers through our unwavering dedication to excellence. Our success is built on a simple philosophy: deliver the highest quality insurance products at competitive rates while providing exceptional service at every step.
At Safety Insurance, we don’t just offer jobs – we offer careers that are challenging, fulfilling, and designed to grow with you.
Our people are our greatest asset. A diverse workforce makes us stronger, more innovative, and better equipped to serve our customers. At Safety, we empower our employees to be their best by fostering an inclusive environment and offering resources that support their careers, education, and families.
Safety’s benefits go beyond the basics. In addition to competitive salaries, our comprehensive benefits package includes:
3 weeks accrued paid time off + paid holidays each year
Health insurance (medical, dental, vision)
Annual 401(k) Employer Contribution (up to 8% of your base salary)
100% tuition reimbursement
Working Advantage Discount Program
Employee Assistance Program
…and much more!
Safety Insurance has become one of the leading property and casualty insurance providers in Massachusetts mainly because of our unwavering commitment to independent agents and their customers. Our success is built on a philosophy of offering the highest quality insurance products at competitive rates and providing the best service at all costs.
Through our supportive career, educational and family policies, we enable our employees to be their best. We respect the balance of work and leisure by offering flexible schedules and a 37.5 hour workweek.
Along with our competitive salaries, we offer a comprehensive benefits package including medical and dental insurance, 100% matching 401k retirement plan, 100% tuition reimbursement and much, much more!
Job Summary
Working independently, Safety’s Subrogation Specialists are responsible for evaluating recovery opportunities, identifying responsible party coverage, obtaining documentation supporting liability and first-party indemnity payments, and pursuing recovery against other insurance carriers and self-insured entities.
Responsibilities
Reviews claims to determine potential for recovery
Identifies responsible party coverage
Evaluates claim liability assessments and indemnity payments
Gathers, investigates, and develops supporting documentation to secure appropriate settlements
Reviews incoming settlement offers
Negotiates settlements with responsible parties when appropriate
Prepares files for and files arbitration when appropriate
Refers appropriate files to collection attorneys
Develops and maintains documentation, including case maintenance and control over aging files
Hears arbitrations as an Arbitration Forums arbiter
Performs other activities as required
Qualifications: Qualifications
College degree or commensurate insurance experience required
Three or more years handling Massachusetts auto insurance claims preferred
Previous subrogation or collections experience preferred
Ability to work independently and manage a high caseload
