First Chicago Insurance Company (FCIC
Property Damage Subrogation Specialist
First Chicago Insurance Company (FCIC, Bedford Park, Illinois, us, 60499
We are seeking the ideal candidate for our Property Damage Subrogation Specialist opening for our growing insurance company!
The PD Subrogation Specialist will be responsible for the handling and resolution of all auto property damage subrogation claims. Must have the ability to determine, develop and negotiate the theory of liability with Third Party carriers, attorneys and uninsured motorists, as well as 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 which are 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 on-line computer-based claims system
In-Office position
Preferred:
College degree
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 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 ReimbursementWellness Program
Fun company sponsored events
And so much more!
Estimated Compensation Range: $50,000/year-$65,000/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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The PD Subrogation Specialist will be responsible for the handling and resolution of all auto property damage subrogation claims. Must have the ability to determine, develop and negotiate the theory of liability with Third Party carriers, attorneys and uninsured motorists, as well as 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 which are 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 on-line computer-based claims system
In-Office position
Preferred:
College degree
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 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 ReimbursementWellness Program
Fun company sponsored events
And so much more!
Estimated Compensation Range: $50,000/year-$65,000/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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