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Litigation Specialist-Hybrid Opportunities Available
First Chicago Insurance Company (FCIC) Chicago, IL

Litigation Specialist-Hybrid Opportunities Available

First Chicago Insurance Company (FCIC)
Chicago, IL
  • Medical , Dental , Paid Time Off , Retirement
  • Full-Time
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

Address

First Chicago Insurance Company (FCIC)

Chicago, IL
60638 USA

Industry

Legal

Posted date

1 day ago

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First Chicago Insurance Company (FCIC) job posting for a Litigation Specialist-Hybrid Opportunities Available in Chicago, IL with a salary of $59,800 to $97,900 Yearly with a map of Chicago location.