Job title: Subrogation Specialist (Loss Transfer, Recover & Payout)

Company: CAA South Central Ontario

Job description: About Us

Echelon Insurance provides Personal and Commercial Specialty Insurance solutions to protect Canadian families and businesses across Canada, through our trusted network of Broker partners. Echelon is a member of the CAA Club Group of Companies, and is an equal opportunity employer who offers a professional environment that champions collaboration, trust, and growth to drive success. We cultivate a great working dynamic to help us deliver what is best for our associates, Brokers, and Customers.

Who we are

Get ready to drive your career forward. Life at Echelon is fast paced, performance-driven and rewarding. We value our Associates’ career growth and ongoing professional development – and we regularly recognize their achievements and outstanding results.

We are caring. We are leaders. We are innovators. We are collaborative.

We work hard and play hard. We’re about doing what’s right and feeling good about it.

Position Details

What You Will Do

The Subrogation Specialist is responsible for oversight and handling of Loss Transfer Recoveries/Payouts for automobile, long haul trucking, motorcycle, and recreational vehicle Accident Benefits claims. The claims are of varying complexity and severity. The successful candidate will have a dynamic personality and the ability to excel in a high-performance environment.

• Appropriately identify and pursue Loss Transfer recovery opportunities and reimburse Loss Transfer payouts in timely execution in adherence to Statute of Limitations period.
• Investigate and quantify potential Loss Transfer recovery and reimbursement of Loss Transfer payout using Fault Determination Rules, police report, statements, and any other tools to assist.
• In collaboration with the Accident Benefit/ADR team and management approval, effectively negotiate outstanding Loss Transfer amounts and Fault Determination Rules with Third-Party carrier where applicable.
• Attendance at Pre-Hearings and Private Arbitration Hearings with other team members may be required.

Who You Are

• Post-secondary education or equivalent experience
• CIP designation or working towards a CIP designation
• Minimum of 1-3 years’ experience handling accident benefits claims or related experience
• Excellent customer service and interpersonal skill
• Strong organizational; decision making and problem-solving skillset
• Ability to cross-reference information with attention to detail
• Excellent communication skills, both written and verbal

What’s In It For You

• Competitive total compensation and benefits package
• Annual shared success program based on performance
• Annual merit increases based on performance
• Registered Retirement Savings Plan with a matching contribution component
• Complimentary CAA Membership

Our Commitment

We are an equal opportunity employer and are committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act, 2005 (AODA). Echelon Insurance will provide accommodations to job applicants with disabilities throughout the recruitment process. If you require an accommodation, please notify us and we will work with you to meet your needs.

As an organization we are focused on safety, which includes the safety and well-being of our Associates. Therefore, you must be and remain fully vaccinated as a condition of employment.

Expected salary:

Location: Mississauga, ON

Job date: Sat, 22 Jul 2023 00:31:23 GMT