Property Damage Subrogation Specialist

First Chicago Insurance Company (FCIC) • Richardson, TX

5d • $50,000 - $65,000 • Onsite

About The Position

First Chicago Insurance Company is seeking a Property Damage (PD) Subrogation Specialist to handle and resolve auto property damage subrogation claims. The specialist owns files from start to finish, investigates liability, develops and negotiates liability theories, and works with third-party carriers, attorneys, and uninsured motorists to maximize recoveries and achieve claim outcomes consistent with company objectives and applicable state regulations. This is an in-office position on the Claims team.

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, 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 in accordance with policy contracts, corporate claims policy, and state regulations.
• Contact appropriate parties, insurance carriers, and attorneys to negotiate settlements in compliance with company objectives and applicable state regulations.
• Evaluate counterclaims and review them with Claims management.
• Review settlement offers with Claims management to ensure compliance with company objectives and applicable state regulations.
• Achieve and maintain company goals.
• Perform other duties as assigned.

Benefits

• Competitive salaries.
• Training and development.
• Medical, dental, and vision reimbursement.
• Short-term and long-term disability.
• Life insurance.
• Flexible spending account.
• Telemedicine benefit.
• 401(k) with a 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