Litigation Specialist

FCIC; Lexington (KY); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Competitive Salary

Training & Development

Medical & Dental

Telemedicine

401k Match

Paid Time Off

Tuition Reimbursement

Wellness Program

Company Events

Job summary

First Chicago Insurance Company is seeking an experienced Litigation Specialist to manage litigated and complex auto liability claims. You will handle claims from investigation to resolution, determine coverage, draft rights letters, and coordinate with defense counsel and experts.

The role requires knowledge of legal/medical terminology, strong negotiation and communication skills, and the ability to pass required state examinations to become a licensed adjuster.

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 involved parties and obtaining documents (police reports, medical specials, photographs, appraisals).
• Litigation management including strategizing with defense counsel and experts on defense cases and declaratory judgment actions.
• Maintain an appropriate diary on all open files.
• Conduct business with vendors while controlling expenses and upholding quality service.
• Research and interpret case law, statutes, and coverage forms to properly adjust and conclude claims.
• Evaluate and determine potential use of experts and/or field investigators.
• Maintain claim files and document all activity per regulations and policies.
• Prepare and present claim evaluations to secure settlement authority.
• Establish and maintain indemnity and expense reserves.
• Conduct onsite review of defense counsel as required by management.
• Adhere to Department of Insurance rules specific to the loss state.
• Additional duties as deemed necessary by supervisor/management.

Skills

Negotiation

Communication

Organizational skills

Interpersonal skills

Licensed claims adjuster

Education

College Degree

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