Insurance Paralegal

Insurance Paralegal

American Freedom Insurance Company (AFIC) is a leader in the nonstandard automobile insurance industry. We are a growing midsized, profitable company doing business in Illinois, Indiana, Pennsylvania, Tennessee and Texas soon. We are looking for a dedicated Paralegal to contribute their skills in a fast paced and developing organization. AFIC is a financially strong "A+" Superior rated insurance company by A.M. Best. This position is located in Mt Prospect - a northwest suburb of Chicago.

Responsibilities:

• Review first and third party pre litigation and litigation automobile claims for coverage and settlement
• Negotiate favorable resolutions with law firms and individuals, respond to demand letters, and generate evaluations on assigned cases
• Research and analyze case-specific legal issues and documentation such as insurance policies, lien language, settlement releases, laws, regulations, etc.
• Collaborate with internal clients, departments, and outside counsel on assigned matters to protect and mitigate risk to the Company
• Contribute to the development of internal policies, guidelines, toolkits, and job-aids to mitigate risk
• Work in partnership with managers and supervisors within the Claim Department
• Maintain an effective and organized operation
• Other duties as assigned

Qualifications:

• Bachelor's degree
• Minimum 2 years work experience
• Excellent interpersonal skills
• Experience negotiating either professionally or personally
• Proficiency with technology
• Excellent oral and written communication skills
• A responsible, conscientious nature and the ability to fast track claims
• Ability to learn and develop an expertise in insurance coverages and policy contracts
• Good problem-solving aptitude
• Attention to detail and excellent quality of work

Benefits:

• Regular Full Time
• Competitive Salary
• 401K - with company contribution of up to 6% of salary
• Attractive Health insurance plans - Blue Cross Blue Shield PPO, HMO or HSA
• Vacation & Holiday Pay
• Business Casual Work Environment

Job Type: Full-time

Pay: Up to $100,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday
• No nights
• No weekends

Travel requirement:

• No travel

Experience:

• Paralegal: 3 years (Required)

Ability to Relocate:

• Mount Prospect, IL 60056: Relocate before starting work (Required)

Work Location: In person