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1 Litigation Specialist Job in Pekin, IL

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Pekin Insurance
Pekin, IL | Full Time
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Litigation Specialist
Full Time | Insurance 2 Weeks Ago
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Pekin Insurance is Hiring a Litigation Specialist Near Pekin, IL

You spend at least a third of your day at your job. You might as well spend it doing something you really love while working with a team you really enjoy being with, right? That’s the kind of atmosphere we offer at Pekin Insurance—fun, fast-paced, gratifying, supportive, and collaborative.

Of course, it’s not all fun and games. Insurance is a serious business, and we pride ourselves on making people’s lives whole again after a major disaster or even a fender bender. It’s that sense of helping people that makes our team want to do our best every day.

If you want to be excited about starting your workday and are ready to make a real difference in people’s lives, this could be the right spot for you.

See what Pekin Insurance has to offer by viewing a short video here.

The Litigation Specialist is responsible for handling all assigned litigation files and supervising defense attorneys assigned to claim files. This position participates in mediations, arbitrations, and settlement conferences.

What You'll Do

  • Communicates by phone, written correspondence, and in person with attorneys on the defense and settlement of litigated claim files
  • Attends mediations, arbitrations, and settlement conferences
  • Drafts and communicates coverage determinations with the insured and other appropriate stakeholders
  • Reviews claim files for proper claim handling, reserving, and coverage
  • Conducts litigated claim file audits throughout the year
  • Completes reporting and updates to reinsurance, errors and emissions, and stakeholders on reportable claims
  • Attends company claim meetings and seminars
  • Responds to Department of Insurance complaints
  • Completes attorney evaluations on closed litigated claim files
  • Conducts annual attorney performance review meetings with attorneys
  • Responds to attorney questions on billing and rate increase requests
  • Defers questions pertaining to claim procedures and guidelines to superiors
  • Performs other duties as assigned

What You'll Need

Education & Experience

Required

  • Bachelor's degree or equivalent experience required
  • Typically requires 7 years of industry experience

Preferred or Specialized

  • Juris Doctor degree preferred
  • Prior P&C claim handling experience preferred

Certifications & Licenses

  • Associate in Claims (AIC) or Chartered Property Casualty Underwriter (CPCU) designation preferred

Knowledge, Skills & Abilities

Demonstrated ability to:

  • Listen, define, write, explain, and interpret ideas and policies
  • Handle difficult and stressful situations with professional composure 
  • Analyze, organize, and prioritize work while meeting multiple deadlines 
  • Work evenings, nights, and/or weekends as necessary
  • Work comfortably in a fast-paced work environment
  • Process and handle confidential information with discretion
  • Define problems, collect data, establish facts, and draw valid conclusions

Demonstrated skill in:

  • Completing assignments accurately and with attention to detail
  • Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems

Demonstrated knowledge of:

  • The Unfair Claim Practice Act and its requirements

Interested?

Are you ready to join a team of people who work to provide exceptional service to our policyholders, agents, and community? Apply today! 

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

POST DATE

05/13/2024

EXPIRATION DATE

07/11/2024

WEBSITE

pekininsurance.com

HEADQUARTERS

PICKERINGTON, OH

SIZE

50 - 100

FOUNDED

1921

TYPE

Private

REVENUE

$200M - $500M

INDUSTRY

Insurance

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About Pekin Insurance

Pekin is a brokerage agency that provides auto, home, life, health and commercial insurance products and services for individuals and businesses.

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The following is the career advancement route for Litigation Specialist positions, which can be used as a reference in future career path planning. As a Litigation Specialist, it can be promoted into senior positions as a Litigation Docket Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Litigation Specialist. You can explore the career advancement for a Litigation Specialist below and select your interested title to get hiring information.