Property Damage Subrogation (Collections) Specialist

This listing was posted on ApplicantPro.

Property Damage Subrogation (Collections) Specialist

Location:

Bedford Park, IL

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 ideas . Join in on the excitement and become part of our thriving organization!  We are seeking the ideal candidate for our Property Damage Subrogation Specialist opening for our growing insurance company located in Bedford Park, just a mile south of Midway Airport! The PD Subrogation Specialist will be responsible for the handling and resolution of all collectable 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 r esolve file s 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, 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. QUALIFICATIONS REQUIRED: Minimum of 3 to 5 years of auto insurance company subrogation collection or other collections experience. 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. 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 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! Job Posted by ApplicantPro

Company:

First Chicago Insurance Company

Posted:

December 26 2023 on ApplicantPro

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Property Damage Subrogation (Collections) Specialist | Collections Specialist in Accounting & 1

Property Damage Subrogation (Collections) Specialist

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