Subrogation Investigator Job Description Template for Hiring Managers

The role of a subrogation investigator is integral in insurance companies and other organizations that deal with subrogation claims. They play a vital role in investigating and recovering funds from responsible parties to compensate for losses. With the complexity and importance of this position, it's crucial for hiring managers to have a well-defined job description to attract the right candidates.

Subrogation Investigator Job Description

We are seeking a highly skilled and detail-oriented Subrogation Investigator to join our team. As a Subrogation Investigator, you will play a crucial role in investigating and gathering evidence pertaining to subrogation cases. Your primary responsibility will be to determine liability and recover losses for our organization. This role requires excellent analytical skills, attention to detail, and the ability to work independently. If you are a proactive and results-driven professional with a passion for investigative work, we encourage you to apply.

Subrogation Investigator Responsibilities

1. Conduct thorough investigations into subrogation cases, including analyzing policy documentation, accident reports, witness statements, and other relevant documents.
2. Gather and preserve evidence, such as photographs, videos, and documents, to support subrogation claims.
3. Interview witnesses, claimants, and other involved parties to obtain accurate and detailed information.
4. Collaborate with legal counsel to develop and execute strategies for successful subrogation recovery.
5. Review and interpret insurance policies to determine coverage and liability.
6. Conduct site visits and inspections to assess property damage or any other physical evidence related to subrogation cases.
7. Prepare comprehensive investigative reports that outline findings, supporting evidence, and recommended actions.
8. Maintain a thorough and organized case file system to ensure accurate documentation and easy retrieval of information.
9. Collaborate with claims adjusters, attorneys, and other relevant parties to resolve subrogation cases efficiently.
10. Stay up-to-date with industry trends, regulations, and best practices related to subrogation investigations.

Subrogation Investigator Required Skills

1. Strong analytical and critical thinking skills to assess complex subrogation cases and identify relevant information.
2. Excellent attention to detail to ensure accuracy in investigating and documenting subrogation cases.
3. Exceptional communication and interpersonal skills to effectively interview witnesses and communicate findings to stakeholders.
4. Proficiency in using investigative tools and software to gather and analyze evidence.
5. Strong organizational and time management abilities to handle multiple cases simultaneously and meet deadlines.
6. Ability to work independently and make sound decisions based on available evidence and policy guidelines.
7. Knowledge of insurance policies, regulations, and legal procedures related to subrogation investigations.
8. Proficiency in Microsoft Office Suite, including Word, Excel, and PowerPoint.

Required Qualifications

1. Bachelor's degree in Criminal Justice, Insurance, or a related field.
2. Previous experience in subrogation investigations or a similar role is preferred.
3. Knowledge of insurance industry practices and principles.
4. Familiarity with relevant laws and regulations governing subrogation claims.
5. Strong investigative and research skills.
6. Excellent written and verbal communication skills.
7. Ability to maintain confidentiality and handle sensitive information.
8. Valid driver's license and the ability to travel as required.

Note: The responsibilities and qualifications outlined above are intended to provide an overview of the role and are not exhaustive. Additional duties and qualifications may be required as the needs of the organization evolve.

Conclusion

In conclusion, the role of a Subrogation Investigator is vital in the insurance industry. They play an essential role in determining the liability of parties involved in accidents or incidents, ensuring that insurance companies can recover costs and protect their financial interests. With their skills in investigation, analysis, and negotiation, Subrogation Investigators help to maximize recoveries and minimize losses. Their attention to detail, strong communication abilities, and knowledge of legal and insurance procedures make them valuable assets in the field.