First Chicago Insurance Company · 3 weeks ago
Litigation Specialist
Chicago, IL
Full-time
Onsite
Mid, Senior Level
$70K/yr - $119K/yr
7+ years expFirst Chicago Insurance Company is seeking an experienced Litigation Specialist to join their team. The role involves handling litigated and complex injury claims related to Personal Auto and Commercial Auto Liability policies, with a focus on effective litigation management and compliance with regulatory standards.
Auto InsuranceCommercial InsuranceConsultingFinancial ServicesInsurance
Hiring Manager
Jodi N.
Responsibilities
Handle litigation claims in accordance with established office procedures
Determine coverage and draft any applicable reservations of rights letters
Conduct prompt investigations by securing statements from the involved parties/witnesses and obtaining all necessary documents, including but not limited to, police reports, medical specials, photographs, and/or appraisals
Litigation Management including strategizing with defense counsel and experts on defense cases, as well as declaratory judgment actions
Maintain an appropriate diary on all open files
Conduct business with vendors in a manner which maintains a reasonable expense factor and upholds the company's reputation for quality service
Ability to research and interpret case law, statute, and coverage forms in order to properly adjust and conclude claims
Evaluates and determine potential use of experts and/or field investigators
Maintain claim files and document all claim activity in accordance with applicable regulations and company policies
Prepare and present claim evaluations to secure appropriate settlement authority
Establish and maintain proper indemnity and expense reserves
Conduct onsite review of defense counsel as required by management
Adhere to the rules and regulations of the Department of Insurance specific to the loss state
Additional duties as deemed necessary by direct supervisor / management
Qualification
Required
7-10 years of applicable auto claims handling experience
Knowledge of legal and medical terminology
Excellent negotiation, communication, organizational and interpersonal skills
Ability to pass written examinations where required by state statutes to become a licensed claim adjuster
Preferred
JD a plus but not required
Prior non-standard auto claims experience a plus!
Benefits
Medical and Dental and Vision
Short Term Disability/Long Term Disability
Life Insurance
Flexible Spending Account
Telemedicine Benefit
401k with a generous company match
Paid Time Off and Paid Holidays
Tuition Reimbursement
Wellness Program
Fun company sponsored events
Company
First Chicago Insurance Company
First Chicago Insurance Company offers auto insurance, workers' compensation, and general liability insurance services.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Todd Kelly
Chief Accounting Officer (CAO)
Recent News
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