Jobs · Consulting · Illinois

Litigation Specialist

First Chicago Insurance Company · Chicago, IL · 1 mo ago
HybridConsulting$70k–$119k/yrFull-time

About the role

First Chicago Insurance Company is seeking an experienced Litigation Claims Specialist to handle litigated and/or complex injury claims stemming from Personal Auto and Commercial Auto Liability policies. This role offers a first-year hiring bonus for direct applicants, competitive salaries, excellent benefits, and growth opportunities.

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
  • Evaluate 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
  • Perform additional duties as deemed necessary by direct supervisor/management

Qualifications

  • 7–10 years of applicable auto claims handling experience
  • JD a plus but not required
  • Prior non-standard auto claims experience a plus
  • 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 training and development
  • Medical, dental, and vision coverage
  • Short-term and long-term disability insurance
  • Life insurance
  • Flexible spending account
  • Telemedicine benefit
  • 401(k) with a generous company match
  • Paid time off and paid holidays
  • Tuition reimbursement
  • Wellness program
  • Fun company-sponsored events

Pay

Estimated compensation range: $70,400–$118,750 per year. Offered compensation will be based on experience, skills, education, certifications, and geographic location. Starting salary may vary by position depending on whether the position is in-office, hybrid, or remote.

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