Property Damage Subrogation Specialist

First Chicago Insurance Company (FCIC)•Chicago, IL

8d•$50,000 - $65,000•Onsite

About The Position

We are seeking the ideal candidate for our Property Damage Subrogation Specialist opening for our growing insurance company! Are you an experienced auto insurance subrogation professional who enjoys investigating liability, negotiating successful recoveries, and achieving results? We're looking for a Property Damage (PD) Subrogation Specialist to join our Claims team. In this role, you'll take ownership of auto property damage subrogation files from start to finish, working with insurance carriers, attorneys, and uninsured motorists to maximize recoveries while delivering exceptional claim outcomes. If you're a skilled negotiator with strong knowledge of auto liability and thrive in a fast-paced, collaborative environment, we'd love to hear from you. The PD Subrogation Specialist will be responsible for the handling and resolution of all auto property damage subrogation claims. Must have the ability to determine, develop and negotiate the theory of liability with Third Party Carriers, attorneys and uninsured motorists, as well as resolve files in accordance with company objectives and applicable state regulations.

Requirements

Minimum of 2-3 years of auto insurance company subrogation experience
Knowledge of liability law
Good interpersonal, organizational, and verbal/written communication skills
Ability to pass written examinations where required by state statutes to become a licensed claims adjuster
Ability to work on an on-line computer-based claims system

Nice To Haves

College degree

Responsibilities

Review evidence required supporting property damage subrogation activity on claims in accordance with policy contract, corporate claims policy and state regulations
Contact appropriate parties, insurance carriers, and attorneys, to negotiate settlements which are in compliance with company objectives and applicable state regulations
Evaluate all counter claims that present themselves and review with Claims management
Review settlement offers with Claims management to ensure they are in compliance with company objectives and applicable state regulations
Achieve/maintain company goals
Perform other duties as assigned