Property Damage Subrogation (Collections) Specialist
First Chicago Insurance Company
- Bedford Park, IL
- Permanent
- Full-time
- 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, attorneys and uninsured motorists so as to negotiate settlements which are in compliance with company objectives and applicable state regulations
- Maintain updated spreadsheet for all open subrogation collection claims to ensure proper compliance with company policy and applicable state regulations
- Maintain overall proper compliance with all 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 collection goals
- Minimum of 3 to 5 years of auto insurance company subrogation collection or other collections experience
- Extensive knowledge of coverage, non-standard auto experience
- Strong negotiator
- Ability to understand, read estimates of repair(s), total loss evaluations, attend court hearings/trials
- TX P&C License is required
- Good interpersonal, organizational, and verbal/written communication skills
- Ability to pass written examinations where required by state statutes to become a licensed claim adjuster
- Ability to work on an on-line computer-based claims system
- Competitive Salaries
- Flexible Work Schedules
- 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!