Property Damage Subrogation Specialist

First Chicago Insurance Company (FCIC)•Richardson, TX
•$50,000 - $65,000•Onsite

About The Position

The Property Damage (PD) Subrogation Specialist handles and resolves auto property damage subrogation claims from start to finish. The role investigates liability, develops and negotiates liability theories with third-party carriers, attorneys, and uninsured motorists, and pursues recoveries in line with company objectives and applicable state regulations. The specialist works with the Claims team to achieve claim outcomes and recovery goals in a fast-paced, collaborative environment. This is an in-office position.

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 consistent 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 company match.
  • Paid time off and paid holidays.
  • Tuition reimbursement.
  • Wellness program.
  • Company-sponsored events.
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