Recovery Specialist II

As a Recovery Specialist II, you will be responsible for execution of tasks related to subrogation recovery files referred by adjusters. You will be responsible for managing and resolving subrogation liens.  Your primary responsibility will be to ensure accurate and timely resolution of all Subrogation in compliance with applicable laws and regulations.  As part of the Recovery Team, the Recovery Specialist II is responsible for maintaining professional and positive rapport with all team.

Ready to get in the driver’s seat? Join us!

What you’ll do

• Pursue subrogation recovery in one or more jurisdictions from other carriers, uninsured motorists, and other parties on auto, medical, and/or property claims.
• Aggressively achieve a fair and equitable disposition.
• Properly assess. the cause of action, collectible damages, liability, and expense exposures
• Responsible for final disposition of the claim including the use of arbitration or litigation.
• Provide guidance and support to clients, attorneys, and internal teams regarding lien resolution strategies and best practices.
• Review claim files to evaluate recovery potential and take appropriate action in support of recovery strategy.
• Review files, enter data into claim system, prepare and submit subrogation file, process recovery payments.
• Negotiate within settlement authority with third parties and other carriers.
• Communicate with internal and external partners, including but not limited to clients, claimants, attorneys, service providers, recovery agencies, governmental entities, and other carriers
• Drive and monitor litigation management process through the selection of counsel, evaluation and direction of claim and litigation strategy.
• Refer cases to outside recovery agencies and attorneys when necessary
• Initiate arbitration or oversee files in arbitration and litigation.

• Report trends to Senior Claims Recovery Manager.

This might describe you

• Must be detail oriented
• Maintain high level of accuracy
• Ability to work individually and as a team
• Excellent verbal and written communication skills
• Must have ability to effectively interact with claimants (1st and 3rd Party) and Other Insurance Companies
• Must have proven experience with medical recovery
• Ability to maintain confidential information
• Demonstrate proficiencies with computer software
• Deep understanding of the mediation process in both state and federal courts, including relevant case and statuary law and procedure
• Demonstrate proficiencies with computer software
• Familiarity of public company requirements, including Sarbanes Oxley and key regulations, if applicable

Other things to note

This position is open to U.S. remote work.

Say hello to Hagerty

Hagerty is an automotive enthusiast brand and the world’s largest membership organization. Along with being a best-in-class provider of specialty insurance for enthusiasts, Hagerty is also home to the Hagerty Drivers Foundation, Garage + Social, Hagerty Drivers Club, Marketplace and so much more. Committed to saving driving for future generations, each and every thing Hagerty does is dedicated to the love of the automobile. 

Hagerty is a rapidly growing company that values a winning culture. We provide meaningful work for and invest in every single team member. 

At Hagerty, we share the road. We are an inclusive automotive community where all are welcomed, valued and belong regardless of race, gender, age, or car preference.  We are united by our shared passion for driving, our commitment to preserve car culture for future generations and our desire to make a positive impact in the world. 

If you reside in the following jurisdictions: Illinois, Colorado, California, District of Columbia, Hawaii, Maryland, Minnesota, Nevada, New York, or Jersey City, New Jersey, Cincinnati or Toledo, Ohio, Rhode Island, Vermont, Washington, British Columbia, Canada please email recruiting@hagerty.com for compensation, comprehensive benefits and the perks that set us apart.  

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If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!