What are the responsibilities and job description for the Litigation specialist position at First Chicago Insurance Company (FCIC)?
If you are an experienced CLAIMS PROFESSIONAL (with many years of auto and especially nonstandard auto related experience) we'll make sure you are COMPENSATED AS A PROFESSIONAL!!
We are seeking an experienced Litigation Claims Specialist!
The Litigation Specialist will be re sponsible for handling litigated and / or complex injury claims stemming from Personal Auto and Commercial Auto Liability policies.
- 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
Last updated : 2024-08-29
