Litigation Specialist

First Chicago Insurance Company; Philadelphia (Philadelphia County); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Competitive salaries

Training & development

Medical and dental

Job summary

First Chicago Insurance Company is seeking an experienced Litigation Specialist to handle litigated and complex injury claims arising from Personal Auto and Commercial Auto policies. You will determine coverage, draft letters, secure statements and key documents, and manage litigation strategies with defense counsel and experts.

The ideal candidate has a college degree or equivalent and at least 5 years of claims adjusting experience, plus strong negotiation, communication and organizational

Qualifications

• College degree or equivalent.
• 5 years of claims adjusting experience preferred.
• 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 litigated and/or complex injury claims from Personal Auto and Commercial Auto liability policies.
• Determine coverage and draft reservations of rights letters.
• Secure statements, documents, police reports, medical specials, photos, appraisals for investigations.
• Manage litigation by coordinating with defense counsel and experts on defense cases and declaratory actions.
• Maintain diaries on open files and track claim activity per regulations and policies.
• Coordinate with vendors to control expenses while upholding quality service.
• Research case law, statutes and coverage forms to adjust and settle claims.
• Evaluate use of experts or field investigators and present claim evaluations for settlements.
• Maintain and update claim files with all activity and documentation.

Skills

Negotiation

Communication

Organizational skills

Interpersonal skills

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.

Join in on the excitement and become part of our thriving organization!

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

• 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!

Visit our company website at firstchicagoinsurance.com