Minneapolis, MN, US
5 days ago
Declaratory Relief Action Claims Adjuster III | Remote

AZRA is a specialty niche reinsurer, domiciled in California and licensed as an admitted insurer in 36 states (including District of Columbia), and is a qualified, accredited, or approved reinsurer in fifteen states. AZRA is a property casualty reinsurer which writes both prospective and legacy reinsurance. AZRA has specific expertise in run-off management of U.S. legacy insurance liabilities. It services Allianz Group affiliates and third parties including third party claims administration of asbestos, environmental, workers compensation, general liability, and construction defect liabilities.

 

AZRA has approximately 150 employees located nationwide with the majority working on a remote basis.

 

AZRA is looking for a Claims Specialist to join our Declaratory Relief Action (DRA) Team

 – based anywhere, USA

 

What you do:

Efficient, effective, quality claim management and documentation of declaratory judgment new loss assignments and reassignments in compliance with statutory guidelines and company best practices. Clear understanding of coverage issues and the ability to make complex coverage decisions consistent with applicable policy language, law, and corporate position. Proactive and independent development, monitoring, and enforcement of litigation management strategy on each claim. Independent review and analysis of underlying file materials, policies and underwriting materials, and motions and pleadings. Appropriate expense management including critical analysis and enforcement of budgets consistent with scope of assignment to counsel and/or vendor. Work collaboratively with underlying claim adjusters and quantitative analysis resources to evaluate litigated claims and identify opportunities for resolution. Clearly, cogently, and proficiently explain the positions of Allianz in deposition. Stay informed on the latest industry trends and identify issues in DRA and underlying files.

 

What you bring:

Ideal candidate will have 10-15 years of litigated claim handling experience in long tail claims, with demonstrated roles of increasing responsibility. Strong asbestos, pollution, health hazard (APH) and/or sexual abuse claims background including technical expertise, quantitative analysis, and coverage experience. In-depth knowledge of liability policy language and coverage interpretation. Ability to work in a highly regulated environment and ability to ensure compliance with company policies and procedures. Discipline to work efficiently and independently in a remote environment. Proficiency in Microsoft Word, Excel, and PowerPoint. Strong interpersonal communication and presentation skills. Possess business acumen, understand business and economic environment of long tail claims, ARM US and the insurance industry as a whole. Occasional travel required.  Juris Doctor preferred.

 

Salary Range:  $110,000 - $140,000

Actual base salary may vary based on factors such as relevant experience, qualifications, internal equity of peers, and geographic location.  In addition to base salary, this position is eligible for an annual incentive program.

 

#LI-BLS

 

 

 

What we offer:

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

 

Join us.  We care for tomorrow.

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