Zurich Insurance Group

Sr. Claims Specialist, Workers Compensation

Zurich Insurance Group$75K — $124K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 6+ years of Claims and/or Litigation Management experience, or
  • Juris Doctor with 2+ years in Claims and/or Litigation Management, or
  • Zurich Certified Insurance Apprentice with 6+ years of Claims and/or Litigation Management experience, or
  • Completion of Zurich's Claims Training Program with 6+ years of experience, or
  • High School Diploma with 8+ years in Claims and/or Litigation Management experience.
  • Proficiency in Microsoft Office.
  • Knowledge of insurance regulations and markets.

Responsibilities

  • Document claims files accurately, ensuring compliance with best practices.
  • Determine liability through fact gathering and analysis of relevant laws.
  • Verify policies and coverage by analyzing applicable claims information.
  • Develop case strategies for timely claim resolutions; escalate as needed.
  • Establish and review reserves throughout the claims cycle within authority limits.
  • Calculate applicable damages to assess claims accurately.
  • Negotiate settlements using strategic approaches and relevant resources.

Benefits

  • Hybrid work schedule fosters work-life balance.
  • Opportunity to contribute to Zurich's reputation for excellence.
  • Gain experience managing complex claims with significant impact.
  • Exposure to a dynamic and dedicated claims team.
Full Job Description
Senior Workers' Compensation Claims Specialist to join our dynamic and dedicated claims team. This is an exciting opportunity to manage complex, multi-party commercial Workers' Compensation claims with moderate to high exposure and make a meaningful impact through your expertise. In this role, you will ensure claims are handled efficiently while delivering outstanding customer service, showcasing your skills in a challenging and rewarding environment. In this position you will work out of our Maitland, FL office where you'll benefit from a hybrid work schedule and the chance to contribute to Zurich's reputation for excellence.

Key Responsibilities:

  • Document claims file by accurately capturing and updating claims data/information in compliance with best practices for single and multi-party personal or commercial line claims of moderate to high exposure and complexity.
  • Exercise judgment to determine liability by gathering and analyzing relevant facts; utilizing applicable law; establishing basic principles of negligence.
  • Exercise judgment to determine policy verification and coverage determination by analyzing applicable coverage for claims and determining whether the loss falls within the coverage.
  • Work to have a timely resolution to claims by developing case strategy; developing a case evaluation; escalating issues as appropriate.
  • Establish timely reserves and perform ongoing review throughout claims cycle within authority limit by estimating and validating value of claims.
  • Assess damages by calculating applicable damages or range of damages allowed by law.
  • Negotiate settlement of claim by establishing appropriate negotiation strategy and utilizing available tools and resources within authority limits.
  • Meet quality standards by following best practices


Basic Qualifications:

  • Bachelor's degree and 6+ years of experience in Claims and/or Litigation Management.
    OR
  • Juris Doctor with 2+ years of Claims and/or Litigation Management experience.
    OR
  • Zurich Certified Insurance Apprentice, including an Associate Degree with 6+ years of Claims and/or Litigation Management experience.
    OR
  • Completion of Zurich's Claims Training Program with 6+ years of experience in Claims and/or Litigation Management.
    OR
  • High School Diploma or equivalent with 8+ years of experience in Claims and/or Litigation Management.
    AND
  • Must obtain and maintain required adjuster licenses.
  • Proficiency in Microsoft Office.
  • Knowledge of insurance regulations, markets, and products.


Preferred Qualifications:

  • 6+ years of experience handling high-severity Workers' Compensation claims.
  • 6+ years of experience in litigation management.
  • Experience handling claims in Florida.
  • Effective verbal and written communication skills.
  • Strong analytical, critical thinking, and problem-solving abilities.
  • Ability to multi-task and prioritize effectively.
  • Experience collaborating in a team environment and building cross-functional relationships.
  • Proactive in sharing insights and gathering diverse perspectives to optimize outcomes.
  • Strong understanding of insurance policies and ability to apply this knowledge to complex claims.
  • Expertise in managing complex litigation and settlement strategies.
  • Ability to provide high-quality customer service through trend analysis and relationship management.
  • Skilled in explaining complex financial and actuarial trends.


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 proposed salary range for this position is $75,800.00 - $124,100.00, 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 - Maitland
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

Linkedin Recruiter Tag: #LI-MD1 #LI-ASSOCIATE #LI-HYBRID

About Zurich Insurance Group

Zurich Insurance Group is a Swiss insurance company founded in 1872. It is one of the world's largest insurance companies, operating in over 215 countries and territories. Zurich provides a wide range of insurance products and services, including property and casualty insurance, life insurance, and pensions. The company is committed to sustainability and has set ambitious targets to reduce its carbon footprint and promote renewable energy. Zurich is also actively involved in supporting local communities through various charitable initiatives.
Learn more about Zurich Insurance Group
Size
52,930 employees
Industry
NASDAQ

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