Subrogation Processor at Turo

Arizona, United States

Turo Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, AutomotiveIndustries

Requirements

  • 2+ years of claims experience preferred
  • Work experience in claims handling or collections
  • Experience in a fast-paced and changing environment
  • Multitasking and time management skills
  • Effective verbal and written communication skills
  • Computer skills
  • Phone handling skills
  • Proficient analytical, problem-solving, prioritization, and organizational skills
  • Attention to detail
  • Ability to work in an ever-evolving environment while maintaining quality standards, meeting KPIs, and requiring minimal supervision
  • Ability to work in a team environment
  • Availability for hybrid schedule: Monday to Friday between 6:00 AM-6:00 PM, in-office 3 days per week (Mondays, Wednesdays, Thursdays)

Responsibilities

  • Conduct investigation to determine a claim's subrogation potential and pursue an appropriate recovery
  • Prepare materials, documentation, and in-office mail handling on unsettled claims to communicate to all relevant parties (claims professionals, clients, attorneys, collection agencies, and possible arbitration)
  • Negotiate settlements with responsible parties; if a settlement can't be reached, direct legal action or arbitration
  • Maintain an active diary to ensure all claims are aggressively pursued
  • Actively contribute to continuous improvement in Turo’s processes for claims handling
  • Strive to make Turo's organization a leader in customer service and cost management
  • Be an active contributor to Turo’s claims department and a revolutionary culture pioneer
  • Meet KPIs for customer satisfaction, financial performance, employee satisfaction, cycle time, and recovery
  • Perform all subrogation record keeping by maintaining a current status in documents and notes
  • Manage an inventory of subrogation claims ranging from coverage, auto, and property damage
  • Work closely with claims team, clients, attorneys, internal and external customers, and businesses to obtain information, coordinate evidence development, and pursue recoveries in accordance with legal statutes, policy provisions, and client handling guidelines
  • Identify and drive ongoing improvements to policies and procedures

Skills

claims processing
subrogation
investigation
negotiation
settlement
legal coordination
arbitration
claims documentation
customer service
KPI management

Turo

Peer-to-peer car sharing platform for rentals

About Turo

Turo operates in the peer-to-peer car sharing market, allowing private car owners to rent out their vehicles to others. Car owners can list their vehicles on Turo’s platform, where they set their own rental prices and availability. Renters can browse these listings, select a vehicle that meets their needs, and book it for a specific time. Turo facilitates the transaction by providing insurance coverage and customer support, ensuring a smooth experience for both car owners and renters. The company earns revenue by taking a percentage of the rental fee, which aligns its interests with those of its users. Turo stands out from competitors by offering a diverse range of vehicles, including everyday cars, luxury, and specialty options. The goal of Turo is to provide a flexible and cost-effective alternative to traditional car rental services, leveraging the sharing economy to connect car owners with renters.

San Francisco, CaliforniaHeadquarters
2009Year Founded
$451.3MTotal Funding
POST_IPO_EQUITYCompany Stage
Automotive & Transportation, Consumer GoodsIndustries
1,001-5,000Employees

Risks

Negative incidents involving rented vehicles could damage Turo's reputation.
New competitors like ZEV co-op could capture market share with eco-friendly models.
Market volatility could impact Turo's IPO plans and investor confidence.

Differentiation

Turo offers a wide variety of vehicles, from everyday to luxury models.
The platform provides a cost-effective alternative to traditional car rental services.
Turo's commission-based model aligns its interests with users' successful transactions.

Upsides

Turo's partnership with United Airlines enhances customer acquisition and retention.
Expansion in Australia indicates potential for further international market penetration.
Winning the unitQ Quality Excellence Award highlights Turo's commitment to customer experience.

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