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 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
At Zurich, compensation for roles is influenced by a variety of factors, including but not limited to the specific office location, role, skill set, and level of experience. In compliance with local laws, Zurich commits to providing a fair and reasonable compensation range for each role. For more information about our Total Rewards, please click here. Additional rewards may encompass short-term incentive bonuses and merit increases. We encourage candidates with salary expectations beyond the provided range to apply as they will be considered based on their experience, skills, and education.
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%.
As an insurance company, Zurich is subject to 18 U.S. Code § 1033.
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, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.
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 does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
Location(s): AM - New York, AM - Parsippany
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag: #LI-KO1 #LI-ASSOCIATE #LI-HYBRID
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City