Litigation Specialist

First Chicago Insurance Company (FCIC; Philadelphia (Philadelphia County); On-site; USD 65,000 - 85,000; 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

Paid Holidays

Tuition Reimbursement Training Programs

Wellness Program

Fun company sponsored events

Job summary

First Chicago Insurance Company (FCIC) is seeking an experienced Litigation Specialist responsible for handling litigated and complex injury claims from Personal Auto and Commercial Auto Liability policies. The role requires skills in negotiation, communication, and a thorough understanding of legal and medical terminology. The position offers competitive salaries, medical and dental benefits, a 401k with a generous company match, and various training programs, among other perks.

Qualifications

• Must possess a college degree and/or 5 years of applicable claims adjusting experience.
• Knowledge of legal and medical terminology is essential.
• Excellent negotiation, communication, organizational and interpersonal skills are required.
• Ability to pass written examinations to become a licensed claim adjuster is necessary.

Responsibilities

• Handle litigation claims in accordance with established office procedures.
• Determine coverage and draft reservations of rights letters.
• Conduct investigations by securing statements and obtaining necessary documents.
• Manage litigation including strategizing with defense counsel.
• Maintain an appropriate diary on all open files.
• Conduct business with vendors maintaining quality service.
• Research and interpret case law, statutes, and coverage forms.
• Prepare and present claim evaluations for settlement authority.

Skills

Negotiation

Communication

Organizational skills

Interpersonal skills

Legal and medical terminology knowledge

Education

College Degree or 5 years claims adjusting experience

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!