Litigation Specialist

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

Benefits offered by this job

Competitive Salaries

Commitment to 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

Job summary

First Chicago Insurance Company (FCIC) seeks an experienced Litigation Specialist in Belleville, IL. The role involves handling litigation claims, drafting reservations of rights letters, and conducting investigations to uphold quality service. The ideal candidate will have a college degree and 5 years of claims adjusting experience, with excellent negotiation and communication skills. FCIC offers a competitive benefits package including medical and dental coverage, 401k matching, and tuition reimbursement.

Qualifications

• 5 years of applicable claims adjusting experience.
• Ability to pass written examinations to become a licensed claim adjuster.

Responsibilities

• Handle litigation claims according to office procedures.
• Determine coverage and draft letters of reservation of rights.
• Conduct investigations and secure necessary documents for claims.
• Manage litigation strategy with defense counsel and experts.

Skills

Negotiation skills

Communication skills

Organizational skills

Interpersonal skills

Knowledge of legal and medical terminology

Education

College Degree

Job description

We are seeking an experienced Litigation Specialist

DUTIES & 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.

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.

Benefits

First Chicago Insurance Company provides a competitive benefits package to all full-time employees. The following are some of the perks 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!

Estimated Compensation Range: $75k/year-$100k/year*

*Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location. In addition, starting salary may vary by position depending on whether the position is in-office, hybrid or remote.