Allianz Life Insurance

Senior Claims Specialist

Allianz Life Insurance$117K — $197K *
Aerospace & Defense
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in aviation hull claims handling
  • Proven track record with first party hull and third party liability claims
  • Detailed understanding of aviation hull claims products and coverages
  • Knowledge of reserving principles and practices
  • Established relationships with brokers and presence in the local market
  • Experience applying AI and ML to claims processes
  • Strong analytical skills for data analysis and problem resolution

Responsibilities

  • Investigate and adjust claims involving aviation hull losses and third party damages
  • Evaluate aviation hull coverage issues and determine reserving levels
  • Negotiate and resolve claims ensuring cost-effective solutions
  • Ensure claims handling adheres to authority limits and company procedures
  • Support acquisition and retention of business through market management
  • Develop external relationships with brokers and stakeholders
  • Maintain accurate claims records and produce management reports

Benefits

  • Opportunity to work in a supportive team atmosphere
  • Encouragement for professional development and industry leadership participation
  • Hybrid working options available
  • Access to comprehensive compensation and highly rated benefits programs
  • Annual performance-based cash incentive awards
Full Job Description
We are looking for an Aviation Senior Claims Specialist (m/f/d), to be based in our, Alpharetta, GA or O'Fallon, MO locations.

Your Team

You will be working with a small but diverse team of claims professionals of various experience levels and backgrounds, in a collegial and supportive atmosphere that values individual strengths and encourages professional development and participation in industry leadership.

The Impact You Will Have

As an Aviation Senior Claims Specialist, you will proactively investigate, evaluate, and negotiate the resolution of assigned aviation hull claims and third party aircraft property damageon domestic matters. You'll work in accordance with established best practices and within granted autonomy limits, developing and maintaining relationships with brokers, clients, and internal business partners. You'll provide efficient claims handling within the team and collaborate with third-party service providers to achieve economical results and deliver high-quality service to all stakeholders.

Some of your specific responsibilities could include:

Key Responsibilities

  • Investigation & Reserving:
    • Investigating and adjusting claims that involve first party aviation hull losses and third party aircraft property damage on domestic matters;
    • Evaluating and addressing aviation hull coverage issues and determine appropriate reserving levels; and
    • Selecting and directing independent external service providers (e.g. Lawyers, Independent Adjusters, Experts).


  • Settlement:
    • Negotiate and resolve first party aviation hull and third party aviation property damage claims ensuring cost effective, service orientated solutions; and
    • Ensure claims are settled in accordance with settlement guidelines.


  • Referrals & Compliance:
    • Ensure claims are handled within authority limits and in line with company procedures.
    • Refer cases outside authority level, preparing referral documentation as needed.
    • Support claims management procedures for new business accounts.


  • Market Management:
    • Support acquisition of new business and retention of existing business.
    • Liaise with underwriters on market management initiatives.
    • Attend industry functions.


  • Relationship Management:
    • Represent the company externally and develop relationships with brokers, clients, and stakeholders.
    • Drive involvement of functional areas in claims handling (e.g., Underwriting, Operations).
    • Report and present complex loss and claims information internally and externally.


  • Claims Processing & Administration:
    • Maintain accurate claims records within claims administration systems.
    • Produce management information reports and identify loss trends.


What You'll Bring to the Role
  • 5 - 7 years - Detailed understanding of aviation hull claims handling process
  • 5 - 7 years - Proven track record in handling first party hull and third party liability aviation hull claims and damage issues.
  • Product and Coverages: Detailed understanding of aviation hull claims products, wordings, terms and conditions and coverages
  • Solid knowledge of aviation hull claim handling from notification to settlement and recovery.
  • Knowledge of reserving principles and practices.
  • Negotiation skills for resolution with claimants and/or lawyers.
  • Established relationships with brokers and strong presence in the local market (minimum 5+ years).
  • In-depth understanding of regional/local insurance markets and competitor landscape (minimum 5+ years).
  • Analytical skills to analyze non-complex data from multiple sources and resolve issues proactively.
  • Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is highly beneficial.
  • Negotiation and conflict management skills, especially in contentious situations.
  • Bachelors Degree.
  • Insurance Industry Designations Preferred (Not required).
  • Pilot's license and/or Airframe & Powerplant Ratings preferred.
  • Proficiency in office applications (Outlook, Excel, Word, PowerPoint).
  • Strong communication and presentation skills, both written and verbal.
  • Fluent English skills, any other languages advantageous.


The annualized base pay range for this role is $117,217 - $197,722. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by several factors, including the scope, complexity and location of the role, the skills, education, training, credentials, and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

105641 | Customer Services & Claims | Professional | Allianz Commercial | Full-Time | Permanent

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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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