Liberty Mutual Agency Markets, a business unit of Liberty Mutual Group, consists of property/casualty and specialty insurance carriers that distribute their products and services primarily through independent agents and brokers. The companies of Liberty Mutual Agency Markets provide a broad array of core property and casualty products, including a comprehensive set of personal and commercial coverage, which are available in most states.
As of December 31, 2007, Liberty Mutual Group had $94.7 billion in consolidated assets, $82.3 billion in consolidated liabilities and $25.9 billion in annual consolidated revenue. Liberty Mutual ranks 94th on the Fortune 500 list of largest U.S. corporations based on 2007 revenue, and is the sixth-largest property and casualty insurer in the U.S. based on 2006 direct written premium. Liberty Mutual Group today employs over 41,000 people in more than 900 offices throughout the world. Advance your career at Liberty Mutual - A Fortune 100 Company! The role of the Workers Compensation Subrogation Specialist is to investigate and evaluate the legal liability of third parties in order to aggressively pursue, negotiate and resolve subrogation recovery. This is done through close communication with insureds, agents, witnesses, and attorneys to obtain necessary information. This role works closely with Claims Case Managers to secure additional information as needed. Responsibilities: * Directs/conducts investigation to determine a claim's subrogation potential and pursues appropriate recovery. * Applies critical thinking to the analysis of investigative/accident information to establish legal liability. * Applies State Statutory entitlements in the negotiation of settlements with responsible parties. * If settlement can't be reached, Specialist directs legal action or arbitration versus potentially responsible parties. * Maintains active diary to insure all files are aggressively pursued. * Responds to Field and/or case manager inquiries as they occur. * Provides early and ongoing consultation on arising claims with subrogation potential.
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