Litigation Specialist

First Chicago Insurance Company (FCIC; Cincinnati (OH); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Competitive Salaries

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) is looking for an experienced Litigation Specialist to handle litigated injury claims for Personal Auto and Commercial Auto Liability policies. The ideal candidate will have a College Degree or five years of relevant claims adjusting experience, along with strong negotiation and communication abilities. This role involves managing various litigation responsibilities, including working with defense counsel, conducting investigations, and preparing claim evaluations. Benefits include competitive salaries, 401k match, and comprehensive medical plans.

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.
• Litigation Management including strategizing with defense counsel and experts.
• Maintain an appropriate diary on all open files.
• Conduct business with vendors responsibly maintaining quality service.
• Research and interpret case law, statute, and coverage forms.
• Evaluate and determine the potential use of experts and/or field investigators.
• Maintain claim files and document all claim activity.
• 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.

Job description

We are seeking an experienced Litigation Specialist

The Litigation Specialist will be responsible for handling litigated and/or complex injury claims stemming from Personal Auto and Commercial Auto Liability policies.

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

Required:

• 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

• 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!