Subrogation Program Specialist - Pembroke Pines, United States - Trova LLC

Trova LLC
Trova LLC
Verified Company
Pembroke Pines, United States

1 week ago

Mark Lane

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Mark Lane

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Description
Support Claims Teams in North America in becoming Claims Subrogation best-in-class.

  • Define a clear strategy and the key priorities for the Subrogation program.
  • Be accountable for the Subrogation targets achievement.
  • Manage directly the most complex and high value subrogation cases.
  • Support building and guarantee the right execution of the various action plans in close collaboration with the different involved Claims Teams.
  • Design claims processes adaptation for maximizing our Subrogation opportunities in close collaboration with the Claims Team.
  • Design automatic rules for Subrogation detection and guarantee their right and consistent implementation.
  • Collaborate with UDW Team enabling to reinforce our Subrogation opportunities (e.g. coinsurance rules) in the T&Cs building / improvements.

Principal Duties and Responsibilities:


Monitor the Subrogation KPIs and be accountable for target achievement.

  • Define, on a collaboration mode, yearly Subrogation targets with each claims department.
  • Consolidate on a regular basis a Subrogation Dashboard embedding savings but also operational KPIs split per department, Business Partners, type of claims
  • Set up an adequate governance framework to review results, main cases, trends with the respective claims teams.
  • Ensure timely and accurate Subrogation reporting for compliance and regulation purposes.

Reinforcing detection subrogation skills of the Claims Teams

  • Build and monitor dedicated action plans for each claim department.
  • In close collaboration with Claims Teams, design and deploy Claims processes adjustments, in particular, at First Notification of Loss (FNOL) stage and allowing a:
  • more systematic subrogation detection opportunity,
- an accurate Liability assessment.

  • Design and deploy specific and adapted eLearning modules for claims teams (jointly with the training department).
  • Build and maintain a Subrogation Guideline including a clear and comprehensive articulation between the claims process and the full cycle time of a Subrogation case.

Reinforce our IT capabilities in close collaboration with Claims Teams

  • Design automatic alerts for reinforcing Subrogation detection in the various Claims IT systems and guarantee their right and consistent implementation.
  • Design / select a workflow capability for allowing an efficient monitoring of the Subrogation cases and guarantee its right and consistent implementation.

Monitor carefully the most complex and high value subrogation cases.

Drive the performance of external Subrogation services providers.

  • Define a clear externalization strategy: types of Subrogation cases to be managed externally /internally.
  • Manage the contractual relationship.
  • Define clear KPIs and a clear Governance framework for driving the providers performance.

Leadership

  • Act as a Subrogation expert within the company, supporting peers to continuously improve maturity level.

Other responsibilities as assigned by Senior Director, Claims Technical Excellence.

Required / Desired Knowledge, Experiences and Skills:

  • Minimum of 8 years of prior knowledge and experience in healthcare and/or insurance field for processing claims and or subrogation management.
  • Strong analytical skills required including demonstrated ability to analyze raw data, draw conclusions, and develop actionable recommendations.
  • Knowledge of developing standards, procedures, guidelines etc.
  • A minimum of 3 years' experience in a management or supervisory role is preferred.
  • Must be able to represent the organization in a professional and knowledgeable manner.
  • Excellent verbal and written communication skills with ability to manage and prioritize multiple tasks.
  • Computer skills necessary to work effectively: Windows Microsoft Word, Excel, and Power Point Proven ability to work under pressure, prioritize work and meet multiple deadlines.
  • Excellent interpersonal and relationship building skills with a proven track record of leadership across functional lines that delivers business results.
  • Excellent problemsolving skills and capability to troubleshoot the most difficult claim issues.

Education/Certifications:


Requirements:


  • High School Diploma or Equivalent (GED) required.

Preferred:

  • Associate's degree or equivalent

Pay:
$80, $100,000.00 per year


Benefits:


  • 401(k)
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

Schedule:

  • Monday to Friday

Ability to Relocate:

  • Pembroke Pines, FL 33027: Relocate before starting work (required)

Work Location:
In person

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