Casualty Claims Specialist

First Chicago Insurance Company; Peoria (IL); On-site; USD 55,000 - 98,000; Full time

Benefits offered by this job

Competitive salaries

Training & development

Medical and dental

Telemedicine benefit

401k with company match

Paid time off and holidays

Tuition reimbursement training

Wellness program

Company sponsored events

Job summary

First Chicago Insurance Company is seeking an experienced Casualty Claims Specialist to investigate and settle automobile bodily injury claims. The role requires handling complex liability claims and coordinating with counsel, directors, and adjusters to determine proper dispositions.

The ideal candidate will have 3–5 years of casualty claims experience, knowledge of legal terminology, and strong negotiation and communication skills.

Qualifications

• 3–5 years in Casualty claims experience.
• Knowledge of legal and medical terminology.
• Excellent negotiation, communication, written, organizational and interpersonal skills.

Responsibilities

• Review and determine course of action on each file to support final disposition of a loss.
• Conduct thorough investigations and document file activity, including coverage, liability, and damages.
• Process Bodily Injury and coverage claims per procedures.
• Collaborate with third parties, counsel, and leadership to determine necessary investigation.
• Research case and statutory law to support claim investigation.
• Prepare claim evaluations for settlement authority and manage expenses.

Skills

Casualty claims experience

Legal terminology

Negotiation

Communication

Microsoft Office

Tools

Microsoft Office

Job description

At First Chicago Insurance Company, our employees are our biggest asset! It is our mission to attract and retain intelligent, motivated, ethical employees who strive for excellence and growth, and to keep those employees happy and engaged. We provide the tools and the support our employees need to grow both professionally and personally. We encourage self-improvement and celebrate success by rewarding ideas and results. We realize the strength of teamwork and its ability to join individuals together and push and pull each other, with a synergy that can only be found in groups of good people sharing ideas. Join in on the excitement and become part of our thriving organization!
We are seeking an experienced Casualty Claims Specialist!
The Casualty Claims Specialist will be responsible for investigating and settlement of automobile bodily injury claims. They will settle complex liability claims which require greater investigation and verification, as well as casualty claims including severe injuries which may result in extended disability or bodily injury as well as coverage related litigation.
The Casualty Claims Specialist will have the following duties and responsibilities:

• Review & determine course of action on each file assigned, utilizing technical knowledge & experience for the purpose of supporting final disposition of a loss.
• Conduct thorough investigations and keep accurate and relevant documentation of file activity on each claim assigned including coverage, liability status, and damages that are applicable for each claim.
• Process Bodily Injury, and coverage claims in accordance with established office procedures.
• Work closely with Third Parties, plaintiff counsel, Claim Director and Chief Operating Officer to determine necessary injury and coverage investigation.
• Research case and statutory law in order to conduct proper claim investigation.
• Document policy status, coverage, liability and damages on all claims and notify re-insurer on qualifying claims.
• Prepare and present claim evaluations for the appropriate settlement authority.
• Maintain reasonable expense factors.
• Handle other duties as assigned

Qualifications Required

• 3-5 years in Casualty claims experience a MUST!
• Knowledge of legal and medical terminology.
• Excellent negotiation, communication, written, organizational and interpersonal skills.
• Ability to pass written examinations where required by state statutes to become a licensed claims adjuster.
• Proficiency in Microsoft Office products.

Benefits
First Chicago Insurance Company provides a competitive benefits package to all full- time employees. Following are some of the perks First Chicago employees receive:

• Competitive Salaries
• Commitment to your Training & Development
• Medical and Dental
• Telemedicine Benefit
• 401k with a generous company match
• Paid Time Off and Paid Holidays
• Tuition Reimbursement Training Programs
• Wellness Program
• Fun company sponsored events
• And so much more!

Visit our company website at firstchicagoinsurance.com
Estimated Compensation Range: $54,750/year-$97,500/year*

• Published ranges are estimates