Company Overview

Vault offers high net worth personal insurance and customized solutions for individuals and families. We’re not just insuring assets, we’re reducing risks with data-driven technology to protect what matters most – cherished moments, family memories, and priceless legacies.

We are looking for the best and the brightest talent inspired to protect what matters most to our customers – a team, a culture and philosophy to be the best at what we do.

We will drive industry change by solving problems with custom insurance solutions and technology to create an exceptional customer experience, improving underwriting and sustaining profitable growth.

The Claims Subrogation Specialist is responsible for handling subrogation demands related to both auto and property claims under $150,000. This role involves managing a portfolio of subrogation cases, negotiating recoveries, collaborating with adjusters and legal teams, and maintaining compliance with company guidelines and industry regulations. The ideal candidate has a strong understanding of claims handling, subrogation processes, and applicable state laws, along with excellent negotiation and communication skills.

This role will be a hybrid schedule working remotely and onsite in the St. Petersburg office, 3 days/ week.

Job Responsibilities include but are not limited to

• Review and respond to incoming subrogation demands from other carriers, ensuring that appropriate documentation and justifications are provided.
• Prepare and submit outgoing subrogation demands to responsible third parties or insurance companies, including detailed calculations and supporting documentation.
• Manage a caseload of auto and property subrogation files, tracking the status of each case and updating internal systems accordingly.
• Review claims for subrogation potential and coordinate with adjusters and legal counsel as necessary to optimize recoveries.
• Conduct negotiations with other carriers, claimants, and third parties to secure favorable settlements and maximize recovery potential.
• Maintain up-to-date knowledge of state and federal regulations impacting subrogation and adjust practices to remain compliant.
• Partner with claims adjusters, legal teams, and vendors to investigate claims, determine liability, and facilitate subrogation efforts.
• Provide guidance to adjusters on subrogation opportunities and assist in identifying cases with recovery potential.
• Monitor and report on subrogation recovery metrics, identifying trends and opportunities for improvement.
• Analyze subrogation outcomes to assess the effectiveness of strategies and contribute to the development of best practices.

Job Requirements:

• Bachelor’s degree in Business, Insurance, or related field (preferred)

• Minimum of 3 years of experience in insurance claims handling, subrogation, or related areas

• Strong knowledge of auto and property claims processes, subrogation laws, and industry standards

• Demonstrated negotiation and analytical skills

• Excellent verbal and written communication skills

• Proficiency in claims management software and Microsoft Office Suite

• Ability to manage multiple cases simultaneously and work independently

Benefits include but are not limited to:

Flexible Spending Accounts & Health Savings Accounts, with company contributions

Company paid comprehensive life & disability insurance plans

24/7 Telehealth Doctor Access, Virtual wellness screenings, Employee Assistance Programs

Company 401k retirement plan with Day 1 eligibility (6% company match, 100% immediate vesting)

23 PTO days/ year

11 paid holidays and so much more!

We believe diversity makes us better, and we seek to create a workplace where all feel a sense of belonging.