Litigation Specialist

First Chicago Insurance Company (FCIC)•Chicago, IL

4d•$75,000 - $100,000•Hybrid

About The Position

First Chicago Insurance Company is seeking an experienced Litigation Claims Specialist to handle litigated and/or complex injury claims stemming from Personal Auto and Commercial Auto Liability policies. This role offers competitive salaries, excellent benefits, and growth opportunities for career professionals who are looking for a change and upward mobility. The position involves handling claims in accordance with established procedures, determining coverage, conducting investigations, managing litigation with defense counsel, maintaining claim files, researching case law, evaluating experts, and adhering to regulatory requirements.

Requirements

7-10 years of applicable auto claims handling experience
5 years minimum of full file auto claims experience for fully remote work consideration!
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

Nice To Haves

Prior non-standard auto claims experience a plus, not required!

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