Seeking Retired Insurance Claims Professionals
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First Chicago Insurance Company (FCIC)
Chicago, IL, US
Summary
The Claims Specialist is responsible for investigating, evaluating, and settling complex automobile bodily injury and liability claims. They must maintain accurate documentation, conduct thorough coverage investigations, and work closely with internal and external stakeholders to ensure prompt resolution.
Job Description
Are you a retired Claims Professional looking to get back in the insurance claims business?
We are seeking experienced Auto Bodily Injury Claims Professionals and/or Auto Liability Claims Professionals! Part-time and Full-time Opportunities Available!
If you are an experienced CLAIMS PROFFESSIONAL (with many years of auto and especially nonstandard auto related experience) we'll make sure you are COMPENSATED AS A PROFFESSIONAL!!
Auto Bodily Injury Claims Specialist
The Bodily Injury Claims Specialist will be responsible for investigating and settlement of automobile bodily injury claims. They will settle complex liability claims which require greater investigation and verification, as well as casualty claims including severe injuries which may result in extended disability or bodily injury as well as coverage related litigation.
DUTIES & RESPONSIBILITIES:
- Review & determine course of action on each file assigned, utilizing technical knowledge & experience for the purpose of supporting final disposition of a loss
- Conduct thorough investigations and keep accurate and relevant documentation of file activity on each claim assigned including coverage, liability status, and damages that are applicable for each claim
- Process Bodily Injury, and coverage claims in accordance with established office procedures
- Work closely with Third Parties, plaintiff counsel, Claim Director and Chief
- Operating Officer to determine necessary injury and coverage investigation
- Research case and statutory law in order to conduct proper claim investigation
- Document policy status, coverage, liability and damages on all claims and notify re-insurer on qualifying claims
- Prepare and present claim evaluations for the appropriate settlement authority
- Maintain reasonable expense factors
- Handle other duties as assigned
QUALIFICATIONS REQUIRED:
- 3-5 years in auto casualty claims experience
- Knowledge of legal and medical terminology
- Excellent negotiation, communication, written, organizational and interpersonal skills
- Ability to pass written examinations where required by state statutes to become a licensed claims adjuster
- Proficiency in Microsoft Office products
Auto Liability Claims Specialist
The Auto Liability Claims Specialist will possess previous experience in the investigation, determination of coverage, prompt evaluation of both First and Third Party auto property damage claims with an eye towards prompt, courteous and economical resolution of both First and Third Party related property damage claims.
DUTIES & RESPONSIBILITIES:
- Review and determine course of action on each file assigned, utilizing technical knowledge and experience for the purpose of supporting final disposition of a loss
- Conduct thorough investigations and keep accurate and relevant documentation of file activity on each claim assigned including coverage liability, status and damages that are applicable for each claim
- Honor/decline/negotiate first and third party liability claims upon completion of coverage/policy investigation and analysis of damages and liability
- Work directly with internal and external customers to develop evidence and establish facts on assigned claims
- Organize, plan and prioritize work activities to keep up with current assignments and to ensure prompt conclusion of claims
- Prepare and present claim evaluations for the appropriate settlement authority
- Notify the Underwriting Department of any adverse information uncovered in the course of the investigation
- Familiarity with unfair claim practices in states where doing business
- Conduct business with vendors in a professional manner while maintaining a reasonable expense factor and upholding the company's reputation for quality service
- Provide customer service both to internal and external customers
- Handle other duties as assigned
QUALIFICATIONS REQUIRED:
- 2-3 years previous auto insurance or other auto related experience
- Excellent analytical, organizational, interpersonal and communication (verbal, written, phone) skills
- General working knowledge of policies, file procedures, state rules and regulations
- Ability to pass written examinations where required by state statutes to become a licensed Claims 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 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: $41,600/year-$75,000/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.
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.
Founded
1920
Company size
51-200 employees
Industry
Insurance
Org type
Privately Held
Headquarters
Bedford Park, IL
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.
Founded
1920
Company size
51-200 employees
Industry
Insurance
Org type
Privately Held
Headquarters
Bedford Park, IL