Litigation Specialist

First Chicago Insurance Company (FCIC; Lexington (KY); On-site; USD 65,000 - 98,000; Full time

Benefits offered by this job

Competitive salary

Training & development

Medical and dental

Telemedicine

401k match

PTO and holidays

Tuition reimbursement

Wellness program

Company events

Job summary

First Chicago Insurance Company seeks an experienced Litigation Specialist to handle litigated and complex auto liability claims. You will determine coverage, draft letters of reservation of rights, and secure critical documents and statements for investigations.

Responsibilities include managing litigation with defense counsel, maintaining file diaries, and researching case law to ensure proper settlements within regulatory guidelines. A licensed adjuster or license eligibility is preferred.

Qualifications

• Bachelor's degree or higher preferred with claims/adjusting exposure.
• Strong knowledge of legal and medical terminology.
• Excellent negotiation, communication, organizational and interpersonal skills.
• Ability to pass state license examinations to become a licensed claim adjuster.

Responsibilities

• Handle litigated and complex injury claims from auto policies in line with office procedures.
• Determine coverage and draft reservations of rights letters as needed.
• Gather statements, documents, police reports, medicals, photos, and appraisals for investigations.
• Manage litigation with defense counsel and experts; handle declaratory judgment actions as applicable.
• Maintain diaries on all open files and track claim activity per policy and regulations.
• Research case law, statutes, and forms to adjust and conclude claims; identify use of experts.

Skills

Negotiation

Communication

Organizational skills

Interpersonal skills

Legal terminology

Education

College degree

Licensed adjuster exam

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.

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.

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