First Chicago Insurance Company

Litigation Specialist

First Chicago Insurance Company  •  Pittsburgh, PA (Onsite)  •  1 month ago
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Job Description

At First Chicago Insurance Company, our employees are our biggest asset! It is our mission to attract and retain intelligent, motivated, ethical employees who strive for excellence and growth, and to keep those employees happy and engaged. We provide the tools and the support our employees need to grow both professionally and personally. We encourage self-improvement and celebrate success by rewarding ideas and results. We realize the strength of teamwork and its ability to join individuals together and push and pull each other, with a synergy that can only be found in groups of good people sharing ideasJoin in on the excitement and become part of our thriving organization!

We are seeking an experienced Litigation Specialist!

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:

  • College Degree and / or 5 years of applicable claims adjusting experience.
  • 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.

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
  • 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!

Visit our company website at firstchicagoinsurance.com

First Chicago Insurance Company

About First Chicago Insurance Company

The company was founded on December 14, 1920 as the Chicago Ice Producers Mutual Liability Company. Originally organized as a mutual insurance company, its initial purpose was to insure the members of the Chicago District Ice Association for general liability, Workers Compensation, public liability for horses and wagons, and commercial vehicle insurance. Association members donated the $26,225 that was needed at that time to start insurance operations. The company was granted licenses to operate in the States of Illinois, Indiana and Wisconsin, which continue to be held today.

In the 1930’s, the company expanded into insuring the private passenger vehicles of the owners and employees of the ice companies. This business was later enlarged to include individuals referred by policyholders of the company. The company’s name was changed to Chicago Mutual Liability Company in 1961. During the 1970’s and 1980’s, the company evolved from its original focus as a commercial lines insurer to become an automobile insurer. At the end of 1994, the Board of Directors decided to exit the Workers Compensation and general liability lines and concentrate on the personal and commercial auto lines of business.

In 1991 the Board of Directors decided to change the company’s distribution system from direct writing to partnering with independent producers. The company had maximized its growth as a direct writer and needed to adopt a different strategy. The company’s name was changed again in 1996 to Chicago Mutual Insurance Company.

In 2006, the company was converted from a mutual form of governance to a stock company. It was renamed First Chicago Insurance Company, and became a subsidiary of J & P Holdings, Inc. Innovation is the company’s focus as the 100th anniversary of its founding approaches. Management continues to search for opportunities that will serve our current policyholders and contribute to the company's growth and profitability.

Industry
Finance & Insurance
Company Size
51-200 employees
Headquarters
Bedford Park, IL
Year Founded
1920
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