Property Damage Subrogation Specialist

First Chicago Insurance Company (FCIC)•Chicago, IL
•$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, investigating and developing liability theories and negotiating recoveries with third-party insurance carriers, attorneys, and uninsured motorists. The role requires resolving files in accordance with company objectives, policy contracts, and applicable state regulations while delivering effective claim outcomes. This is an in-office position.

Requirements

  • At least 2–3 years of auto insurance company subrogation experience.
  • Knowledge of liability law.
  • Good interpersonal, organizational, and verbal and written communication skills.
  • Ability to pass written examinations 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 line 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
  • Medical, dental, and vision reimbursement
  • Short-term and long-term disability
  • 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
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