Job Responsibilities
Pursuing responsible parties for damages paid out on Homeowner's insurance
claims.
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Uppers
Since we deal with insurance claims, every simgle case is different. There is a
lot of variation in the details of each claim. Although the avenues through
which we decide to pursue the responsible parties may be fairly set by laws and
available evidence, each claim presents new challenges. There is a lot of
research and investigation involved, especially in product liability claims.
There is always something new to learn.
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Downers
Claims never end. There is rarely a sense of "closure" since
every settled claim has five more right behind it. The lack of
information available on an individual claim can sometimes be
frustrating.
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Lifestyle
Work hours are flexible with optional shorter weeks / longer days, flexible time
off, and no weekend hours. The office environment is mostly female, although
there are several men and the ethnic mix is extremely diverse. The office dress
code is business casual.
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Compensation
Salary base is competitive, in the 20-30K range to start. There
are performance bonuses, company matching funds for 401K plans,
individual savings plans, and very good health coverage.
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Advice to Jobseekers
This job will almost certainly never go out of favor. The
recovery on paid claims is a very important part of the insurance
company's income. For anyone considering a career in Insurance
Subrogation, I would suggest learning as much about Tort law,
engineering, and construction as possible. The more information
you have, the better your chances of recovery. The job itself is
relatively easy to learn. The negotiation skills, understanding
the insurance policies, and interpreting the evidence is what
gets tricky. If you like to think on your feet, solve problems,
have a head for numbers, and like to argue, this may be the job
for you.
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