Property Damage Subrogation Specialist

FCIC • Richardson, TX

12d • Onsite

About The Position

First Chicago Insurance Company is seeking a Property Damage (PD) Subrogation Specialist to join its Claims team. The role handles and resolves auto property damage subrogation claims from start to finish, determining, developing, and negotiating liability theories with third-party carriers, attorneys, and uninsured motorists. The specialist works to maximize recoveries and resolve files in accordance with company objectives, policy contracts, corporate claims policy, and applicable state regulations.

Requirements

• At least 2–3 years of auto insurance company subrogation experience.
• At least 8–10 years of non-standard auto carrier experience.
• Knowledge of liability law.
• Good interpersonal, organizational, and verbal and written communication skills.
• Ability to pass written examinations where required by state statutes to become a licensed claims adjuster.
• Ability to work on an online computer-based claims system.

Nice To Haves

• College degree.

Responsibilities

• Review evidence supporting property damage subrogation activity on claims in accordance with policy contracts, corporate claims policy, and state regulations.
• Contact appropriate parties, insurance carriers, and attorneys to negotiate settlements consistent with company objectives and applicable state regulations.
• Evaluate counterclaims and review them with Claims management.
• Review settlement offers with Claims management to ensure they comply with company objectives and applicable state regulations.
• Achieve and maintain company goals.
• Perform other duties as assigned.

Benefits

• Competitive salaries.
• Training and development commitment.
• Medical, dental, and vision reimbursement.
• Short-term and long-term disability insurance.
• Life insurance.
• Flexible spending account.
• Telemedicine benefit.
• 401(k) with company match.
• Paid time off and paid holidays.
• Tuition reimbursement.
• Wellness program.
• Company-sponsored events.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed