Public D&O Legal Claims Professional

Zurich Insurance Company Ltd.•Parsippany, NJ

2d•$135,000 - $165,000•Hybrid

About The Position

Zurich is currently looking for a Legal Claims Professional for our growing Management Solutions group. The Claims Professional will handle public company D&O, fiduciary liability and potentially transactional liability claims of moderate to high complexity under limited supervision. 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. They will regularly communicate with customers and brokers and 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 our Manhattan NY; Parsippany NJ; or Schaumburg IL office on a hybrid schedule.

Requirements

Juris Doctor and 5 or more years of experience in the Legal area
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

Nice To Haves

Member of the Bar
Claims handling experience including Public D&O, EPL, Fiduciary 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

Responsibilities

Analyze coverage, liability, damages and exposure
Participate in mediations and settlement negotiations
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 and engage with the activities of defense counsel
Analyze risk and minimize exposure
Strategically direct claims to timely and appropriate resolutions