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First Chicago Insurance Company

Property Damage Subrogation Specialist

First Chicago Insurance Company, Chicago, Illinois, United States, 60290

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Property Damage Subrogation Specialist

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First Chicago Insurance Company .

First Chicago Insurance Company provided pay range This range is provided by First Chicago Insurance Company. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range $50,000.00/yr - $65,000.00/yr

We are seeking the ideal candidate for our Property Damage Subrogation Specialist opening for our growing insurance company. The PD Subrogation Specialist will handle and resolve all auto property damage subrogation claims. Must be able to determine, develop, and negotiate the theory of liability with Third Party carriers, attorneys, and uninsured motorists, and resolve files in accordance with company objectives and applicable state regulations.

Duties & Responsibilities

Review evidence required supporting property damage subrogation activity on claims in accordance with policy contract, corporate claims policy, and state regulations

Contact appropriate parties, insurance carriers, and attorneys to negotiate settlements in compliance with company objectives and applicable state regulations

Evaluate all counter claims that present themselves and review with Claims management

Review settlement offers with Claims management to ensure they are in compliance with company objectives and applicable state regulations

Achieve/maintain company goals

Perform other duties as assigned

Qualifications Required

Minimum of 3 to 5 years of auto insurance company subrogation experience

Knowledge of liability law

Good interpersonal, organizational, and verbal/written communication skills

Ability to pass written examinations where required by state statutes to become a licensed claims adjuster

Ability to work on an online computer-based claims system

Preferred

College degree

Benefits 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, Dental, and Vision Reimbursement

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

Wellness Program

Fun company sponsored events

And so much more!

Estimated Compensation Range: $50,000/year-$65,000/year

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Other

Industries

Insurance

Location: Chicago, IL

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