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First Chicago Insurance Company (FCIC)

Property Damage Subrogation Specialist

Career Insights for Claims Adjuster / Specialist (General)

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Based on Illinois data

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What they do

A Claims Adjuster or Specialist investigates and evaluates insurance claims. Specializes in a particular type of insurance. Inspects property damage, including damage to homes, buildings and cars; reviews claims after they are submitted; may authorize or deny payment for claims. May work directly for insurers or on behalf of claimants.

$78,191 / year median in Illinois

+9% projected growth

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Job Description

Property Damage Subrogation Specialist First Chicago Insurance Company (FCIC) Bedford Park, IL Job Details Full-time $50,000 - $65,000 a year 15 hours ago Benefits Wellness program Paid holidays Disability insurance Health insurance Dental insurance Flexible spending account Tuition reimbursement Paid time off Vision insurance 401(k) matching Life insurance Qualifications Motor vehicle insurance law Claims negotiation Computer skills Insurance claims management software Subrogation claims Full Job Description We are seeking the ideal candidate for our Property Damage Subrogation Specialist opening for our growing insurance company! Property Damage (PD) Subrogation Specialist Recover What Matters. Make an Impact. Grow Your Career. Are you an experienced auto insurance subrogation professional who enjoys investigating liability, negotiating successful recoveries, and achieving results? We're looking for a Property Damage (PD) Subrogation Specialist to join our Claims team. In this role, you'll take ownership of auto property damage subrogation files from start to finish, working with insurance carriers, attorneys, and uninsured motorists to maximize recoveries while delivering exceptional claim outcomes. If you're a skilled negotiator with strong knowledge of auto liability and thrive in a fast-paced, collaborative environment, we'd love to hear from you. 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 2-3 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 Reimbursement Wellness Program Fun company sponsored events And so much more!
Estimated Compensation Range:
$50,000/year - $65,000/year• Published ranges are estimates