Auto Liability Litigation Specialist

First Chicago Insurance Company; Peoria (IL); On-site; USD 75,000 - 100,000; Full time

Benefits offered by this job

Competitive Salaries

Commitment to your Training & Developp

Medical and Dental

Telemedicine Benefit

401k with a generous company match

Paid Time Off and Paid Holidays

Tuition Reimbursement TrainingPrograms

Wellness Program

Fun company sponsored events

And so much more!

Job summary

First Chicago Insurance Company is seeking an experienced Litigation Specialist to handle litigated and complex injury claims arising from Personal Auto and Commercial Auto liability policies.

The role requires determining coverage, drafting reservations of rights, carrying out prompt investigations, and managing litigation with defense counsel. Competitive benefits and salary are offered, with compensation range between $75k–$100k per year depending on experience and location.

Qualifications

• College Degree and / or 5 years of applicable claims adjusting 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.

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.

Skills

Negotiation

Communication

Organizational skills

Interpersonal skills

Education

College Degree or equivalent experience

Job description

First Chicago Insurance Company is seeking an experienced Litigation Specialist to handle litigated and complex injury claims arising from Personal Auto and Commercial Auto liability policies.

The role requires determining coverage, drafting reservations of rights, carrying out prompt investigations, and managing litigation with defense counsel. Competitive benefits and salary are offered, with compensation range between $75k–$100k per year depending on experience and location.