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ZU

Legal Claims Professional- Public D&O

Zurich Insurance
New York City, United Statesfull_timeVerifiedPosted 29 Apr 2024
💰 $157,700/yr($96,300/yr$157,700/yr)

About the role

Zurich is currently looking for a Legal Claims Professional to work out of our Manhattan NY or Parsippany NJ office. 

 

If you are ready for a career move, consider working for a company with a global footprint that offers an excellent work/life balance, terrific benefits including a 401K match and a second 401K company contribution, flexible work options and a great culture.

 

The Legal Claims Professional will under limited supervision handle public company Director’s and Officer’s (D&O), Fiduciary and transactional risk claims of moderate to high value and complexity.  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 and will regularly communicate with customers and brokers. They may be dedicated to handle claims for specific accounts. 

 

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 Zurich’s Manhattan NY or Parsippany NJ Office.

 

Additional responsibilities include:

 

  • Analyze coverage, liability and damages
  • Participate in mediations and negotiating settlements
  • 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 activities of defense counsel 

 

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 with at least 5 or more years in professional liability, D&O 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  

 

Compensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience. As required by local law, Zurich provides in good faith a reasonable range of compensation for roles. For additional information about our Total Rewards, click here. Other rewards may include short term incentive bonuses and merit increases. Candidates with salary expectations outside of the range are encouraged to apply, and will be considered based on experience, skill, and education. The salary provided is a nationwide market range and has not been adjusted for the applicable geographic differential associated with the location where the position may be filled. The starting salary range for this position is $96,300.00 - $157,700.00.

 
As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time (https://www.zurichna.com/careers/faq).

 

A future with Zurich. What can go right when you apply at Zurich?

 

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology

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Zurich Insurance

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