Allianz Life Insurance

Declaratory Relief Action Claims Adjuster III | Remote

Allianz Life Insurance$90K — $150K *
US-AnywhereRemote in Minneapolis, MN
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years of litigated claim handling experience in long tail claims with progressive responsibility.
  • Strong background in asbestos, pollution, health hazard (APH), or sexual abuse claims.
  • In-depth knowledge of liability policy language and coverage interpretation.
  • Ability to work in a highly regulated environment while ensuring compliance with policies and procedures.
  • Self-discipline to work efficiently and independently in a remote setting.
  • Proficient in Microsoft Office Suite and SharePoint.
  • Exceptional interpersonal communication and presentation skills.
  • Strong business acumen related to long tail claims and the insurance industry as a whole.
  • Occasional travel may be required.
  • Juris Doctor preferred.

Responsibilities

  • Manage and document declaratory judgment new loss assignments effectively and efficiently.
  • Determine complex coverage issues based on policy language and corporate positions.
  • Develop and enforce litigation management strategies proactively for each claim.
  • Conduct independent reviews of underlying files, policies, and legal documents.
  • Manage expenses and enforce budgets for assignments to counsel or vendors.
  • Collaborate with claim adjusters and analysis resources to evaluate and resolve litigated claims.
  • Clearly articulate Allianz's positions during depositions and legal proceedings.
  • Stay updated on industry trends affecting DRA and underlying claims.
  • Utilize AI tools to enhance claims processing and management.

Benefits

  • Remote work flexibility across the USA.
  • Participation in an annual incentive program.
  • Access to a comprehensive benefits package including healthcare, retirement plans, and more.
Full Job Description
AZRA is looking for a Claims Adjuster III to join our Declaratory Relief Action (DRA) Team - based anywhere, USA What you do: • Efficient, effective, quality claim management and documentation of declaratory judgment new loss assignments and reassignments in compliance with statutory guidelines and company best practices. • Clear understanding of coverage issues and the ability to make complex coverage decisions consistent with applicable policy language, law, and corporate position. • Proactive and independent development, monitoring, and enforcement of litigation management strategy on each claim. • Independent review and analysis of underlying file materials, policies and underwriting materials, and motions and pleadings. • Appropriate expense management including critical analysis and enforcement of budgets consistent with scope of assignment to counsel and/or vendor. • Work collaboratively with underlying claim adjusters and quantitative analysis resources to evaluate litigated claims and identify opportunities for resolution. • Clearly, cogently, and proficiently explain the positions of Allianz in deposition. • Stay informed on the latest industry trends and identify issues in DRA and underlying files. • Utilization of artificial intelligence tools and resources (e.g. generative AI) What you bring: • Ideal candidate will have 7-10 years of litigated claim handling experience in long tail claims, with demonstrated roles of increasing responsibility. • Strong asbestos, pollution, health hazard (APH) and/or sexual abuse claims background including technical expertise, quantitative analysis, and coverage experience. • In-depth knowledge of liability policy language and coverage interpretation. • Ability to work in a highly regulated environment and ability to ensure compliance with company policies and procedures. • Discipline to work efficiently and independently in a remote environment. • Proficiency in Microsoft Word, Excel, PowerPoint, and SharePoint environments. • Strong interpersonal communication and presentation skills. • Possess business acumen, understand business and economic environment of long tail claims, ARM US and the insurance industry as a whole. • Occasional travel required. • Juris Doctor preferred. • You must be legally authorized to work in the US without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT and other nonimmigrant visas. Job Posting Range: $90,400 - $150,600 Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth. 102499 | Customer Services & Claims | Professional | Non-Executive | Allianz Reinsurance | Full-Time | Permanent What we offer:

About Allianz Life Insurance

Allianz Life Insurance Company of North America is a leading provider of retirement solutions, including fixed and variable annuities and life insurance for individuals. The company is part of Allianz SE, a global financial services company that is headquartered in Munich, Germany. Allianz Life Insurance Company of North America was founded in 1896 and has been providing financial protection and retirement solutions to Americans for over 125 years. The company has a strong commitment to corporate responsibility and sustainability, and has been recognized for its efforts in these areas. Allianz Life Insurance Company of North America is a subsidiary of Allianz Life Insurance Company of New York, which is a wholly owned subsidiary of Allianz SE.
Learn more about Allianz Life Insurance
Size
142,460 employees
Industry
Founded
1890
NASDAQ

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