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Litigation Specialist-Hybrid Opportunities

Company:
First Chicago Insurance Company (FCIC)
Location:
Chicago, IL, 60638
Posted:
April 14, 2024
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Description:

Job Description

If you are an experienced CLAIMS PROFFESSIONAL (with many years of auto and especially nonstandard auto related experience) we'll make sure you are COMPENSATED AS A PROFFESSIONAL!

We are seeking an experienced Litigation Claims Specialist!

The Litigation Specialist will be responsible for handling litigated and/or complex injury claims stemming from Personal Auto and Commercial Auto Liability policies.

DUTIES & RESPONSIBILITIES:

Handle litigation claims in accordance with established office procedures

Determine coverage and draft any applicable reservations of rights letters

Conduct prompt investigations by securing statements from the involved parties/witnesses and obtaining all necessary documents, including but not limited to, police reports, medical specials, photographs, and/or appraisals

Litigation Management including strategizing with defense counsel and experts on defense cases, as well as declaratory judgment actions

Maintain an appropriate diary on all open files

Conduct business with vendors in a manner which maintains a reasonable expense factor and upholds the company's reputation for quality service

Ability to research and interpret case law, statute, and coverage forms in order to properly adjust and conclude claims

Evaluates and determine potential use of experts and/or field investigators

Maintain claim files and document all claim activity in accordance with applicable regulations and company policies.

Prepare and present claim evaluations to secure appropriate settlement authority

Establish and maintain proper indemnity and expense reserves

Conduct onsite review of defense counsel as required by management

Adhere to the rules and regulations of the Department of Insurance specific to the loss state

Additional duties as deemed necessary by direct supervisor / management

QUALIFICATIONS REQUIRED:

7-10 years of applicable claims handling experience

Prior non-standard auto claims experience a plus!

Knowledge of legal and medical terminology

Excellent negotiation, communication, organizational and interpersonal skills

Ability to pass written examinations where required by state statutes to become a licensed claim adjuster

First Chicago Insurance Company provides a competitive benefits package to all full- time employees. Following are some of the perks First Chicago employees receive:

Competitive Salaries

Flexible Work Schedules

Remote and Hybrid

Commitment to your Training & Development

Medical and Dental

Telemedicine Benefit

401k with a generous company match

Paid Time Off and Paid Holidays

Tuition Reimbursement Training Programs

Wellness Program

Fun company sponsored events

And so much more!

Job Posted by ApplicantPro

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