Litigation Specialist Job at First Chicago Insurance Company, Chicago, IL

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  • First Chicago Insurance Company
  • Chicago, IL

Job Description

Are you an experienced Litigation Specialist with experience in Auto Claims looking to join a growing company where you will be rewarded for your hard work, and have future upward career growth opportunities?

If you answered YES to the above, it's time to talk to First Chicago Insurance Company! We offer:

  • First Year Hiring Bonus for direct applicants
  • Competitive Salaries
  • Excellent benefits
  • Growth opportunities!

Apply only if you consider yourself a career professional who loves to work, because we work hard here!

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 auto claims handling experience
  • JD a plus but not required.
  • 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
  • Commitment to your Training & Development
  • Medical and Dental and Vision
  • Short Term Disability/Long Term Disability
  • Life Insurance
  • Flexible Spending Account
  • Telemedicine Benefit
  • 401k with a generous company match
  • Paid Time Off and Paid Holidays
  • Tuition Reimbursement
  • Wellness Program
  • Fun company sponsored events
  • And so much more!

Estimated Compensation Range: $70,400/year-$118,750/year*

*Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location. In addition, starting salary may vary by position depending on whether the position is in-office, hybrid or remote.

Job Tags

Full time, Temporary work, Work at office, Remote work, Flexible hours,

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