Insurance Claims Specialist
Jobot · Cicero, IL · 3 mo ago
On-siteFinance$80k–$100k/yrFull-time
Job Details
Stable, growing Insurance company with terrific career growth, benefits, team seeks dedicated Insurance Claims Specialist to join - Hybrid role!
Responsibilities
- Managing a portfolio of complex insurance claims that require litigation, with a focus on permanent insurance.
- Evaluating and investigating each claim thoroughly to determine coverage, liability, and damages.
- Negotiating settlements with claimants, attorneys, and co-insurers within authority limits.
- Preparing comprehensive reports for management and stakeholders, detailing claim trends, potential risks, and recommended strategies.
- Collaborating with legal counsel to manage litigation processes, ensuring the best possible outcomes for the company.
- Providing expert guidance and support to other claims staff, contributing to their professional development.
- Staying up-to-date with changes in insurance regulations, industry trends, and best practices to ensure the company's compliance and competitiveness.
Qualifications
- A Bachelor's degree in Law, Business Administration, or related field (Desired, not required).
- A minimum of 5 years' experience handling bodily injury claims, with a proven track record of managing claims that require litigation.
- Exceptional negotiation skills, with the ability to resolve disputes effectively and amicably.
- Strong analytical and problem-solving skills, with the ability to interpret complex insurance policies and legal documents.
- Excellent interpersonal and communication skills, with the capacity to interact professionally with diverse stakeholders.
- Proficiency in using insurance claims management software and other relevant computer applications.
- A high level of integrity, with the ability to handle sensitive information confidentially and ethically.
Pay
$80,000 - $100,000 per year
Schedule
Hybrid role
About the Role
We are a well-established, growing insurance company offering a great team, hybrid work environment, long-term stability and excellent career growth opportunities!
Benefits
Great benefits, work / life balance!
Skills
Seasoned Insurance Litigation Claims Specialist with a passion for delivering exceptional results.
Benefits
Equal Opportunity Employer
Contact
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