Litigation Specialist

First Chicago Insurance Company (FCIC)•Lexington, KY

16d

About The Position

First Chicago Insurance Company is seeking an experienced Litigation Specialist to handle litigated and/or complex injury claims arising from Personal Auto and Commercial Auto Liability policies. The role involves investigating and adjusting claims, managing litigation, evaluating coverage and exposure, coordinating with defense counsel and experts, and ensuring claim files comply with applicable regulations and company policies. The company describes a collaborative environment focused on employee growth, training, teamwork, and recognizing ideas and results.

Requirements

College degree and/or five years of applicable claims adjusting experience.
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.

Responsibilities

Handle litigation claims in accordance with established office procedures.
Determine coverage and draft applicable reservations of rights letters.
Promptly investigate claims by obtaining statements from involved parties and witnesses, and securing relevant documents such as police reports, medical specials, photographs, and appraisals.
Manage litigation, including strategizing with defense counsel and experts on defense cases and declaratory judgment actions.
Maintain an appropriate diary on all open files.
Conduct business with vendors while maintaining reasonable expenses and the company's reputation for quality service.
Research and interpret case law, statutes, and coverage forms to properly adjust and conclude claims.
Evaluate whether experts and/or field investigators should be used.
Maintain claim files and document claim activity in accordance with applicable regulations and company policies.
Prepare and present claim evaluations to secure appropriate settlement authority.
Establish and maintain appropriate indemnity and expense reserves.
Conduct onsite reviews of defense counsel as required by management.
Follow Department of Insurance rules and regulations applicable to the loss state.
Perform additional duties as deemed necessary by the direct supervisor or management.