Zurich is currently looking for a Legal Claims Professional for our growing Management Solutions group.
The Claims Professional will handle Private/Non-Profit D&O, EPL, and Fiduciary claims of moderate to high complexity under limited supervision. The ideal candidate will have experience reviewing complaints and all other legal pleadings and discovery, arbitration demands, coverage analysis, determining exposure and setting appropriate reserves. They will resolve claims according to Best Practices and within authority limits. They will regularly communicate with customers and brokers and may be dedicated to handle claims for specific accounts.
Additional responsibilities include:
- Analyze coverage, liability, damages and exposure
- Participate in mediations and settlement negotiations
- Draft reservation of rights and coverage denial letters
- Notify Underwriter of claim issues
- Draft case summary reports in connection with significant reserve increases and trial preparation
- Direct and engage with the activities of defense counsel
- Analyze risk and minimize exposure
- Strategically direct claims to timely and appropriate resolutions
At Zurich North America we acknowledge that work life-balance and flexibility are a priority when it comes to choosing your next career move. Designed with our employees' needs in mind, the ZNA hybrid work model emphasizes flexibility, allowing claims employees to conduct individual work in their preferred location, while facilitating in-person connections and collaborative activities when meaningful and valuable. While the model provides a high level of flexibility and autonomy, occasional circumstances requiring in-office attendance should be expected. The candidate selected for this opportunity should be able to report into our Manhattan NY; Parsippany NJ; or Schaumburg IL office on a hybrid schedule.
Basic Qualifications:
- Juris Doctor and 5 or more years of experience in the Legal area
AND - JD and 5 or more years of legal practice experience in the insurance area
- Must obtain and maintain required adjuster license(s)
- Experience in insurance claims and the insurance legal and regulatory environment
- Negotiation experience
- Customer service experience
- Microsoft Office experience
Preferred Qualifications:
- Member of the Bar
- Claims handling experience including Private/Non-Profit D&O, EPL, Fiduciary and/or insurance coverage defense
- Analytical skills
- Strong communication skills
- Ability to multi-task
- Organization and time management skills
- Ability to work independently
- Experience collaborating across work groups
- Insurance designations such as SCLA, CPCU, AIC
Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply-your unique background matters to us. The pay range shown is a national average and may vary by location. The proposed Salary range for this position is $135,000.00 - $165,000.00, with short-term incentive bonus eligibility set at 15%.
We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]
Location(s): AM - Parsippany, AM - New York, AM - Schaumburg
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag: #LI-KO1 LI-ASSOCIATE #LI-HYBRID
