Zurich Insurance Company Ltd
Legal Claims Professional- Public D&O
Zurich Insurance Company Ltd, New York, New York, us, 10261
Legal Claims Professional- Public D&O
Zurich is currently looking for multiple Legal Claims Professionals to join our growing Management Solutions team 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 Professionals will under limited supervision handle public company Director's and Officer's (D&O) claims of moderate to high value and complexity. The ideal candidates 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 candidates selected for these opportunities 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 experience with professional liability, D&O, Fiduciary/Transactional risk and/or insurance coverage defense claims 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 The compensation indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The proposed salary range for this position is $135,000.00 to $165,000.00, with short-term incentive bonus eligibility set at 15%. Zurich in North America is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
Zurich is currently looking for multiple Legal Claims Professionals to join our growing Management Solutions team 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 Professionals will under limited supervision handle public company Director's and Officer's (D&O) claims of moderate to high value and complexity. The ideal candidates 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 candidates selected for these opportunities 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 experience with professional liability, D&O, Fiduciary/Transactional risk and/or insurance coverage defense claims 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 The compensation indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The proposed salary range for this position is $135,000.00 to $165,000.00, with short-term incentive bonus eligibility set at 15%. Zurich in North America is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.