Litigation Specialist

First Chicago Insurance Company (FCIC)

$75K — $100K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years of auto claims handling experience required
  • 5 years minimum of full file auto claims experience required for remote work
  • Knowledge of legal and medical terminology
  • Strong negotiation and communication skills essential
  • Organizational and interpersonal skills must be excellent
  • Ability to pass state-required written examinations to become a licensed adjuster
  • Experience in non-standard auto claims preferred, but not mandatory

Responsibilities

  • Handle litigation claims according to office procedures
  • Draft coverage determinations and reservations of rights letters
  • Conduct investigations, secure statements, and gather necessary documents
  • Manage litigation with defense counsel and strategize on cases
  • Maintain files and document all claim activity as per regulations
  • Prepare claim evaluations for settlement authority approval
  • Evaluate the potential need for experts and field investigators

Benefits

  • Competitive salaries
  • Investment in training and development
  • Medical and dental insurance
  • Short-term and long-term disability coverage
  • Life insurance
  • Flexible spending accounts
  • Telemedicine benefit
  • 401k with generous matching
  • Paid time off and holidays
  • Tuition reimbursement programs
  • Wellness initiatives
  • Company-sponsored events
Full Job Description
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: - 7-10 years of applicable auto claims handling experience - 5 years minimum of full file auto claims experience for fully remote work consideration! - Prior non-standard auto claims experience a plus, not required! - 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 - In office position for onboarding and training and then Work From Home flexibility (3/2). 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 - Short Term Disability/Long Term Disability - Life Insurance - Flexible Spending Account - 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! Estimated Compensation Range: $75k/year-$100k/year* *Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location. In addition, starting salary may vary by position depending on whether the position is in-office, hybrid or remote.

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