Zurich NA Claims Counsel, D&O Claims in Jersey City, New Jersey

Claims Counsel, D&O Claims

Description

Zurich is currently seeking a Claims Counsel to work out of our Jersey City, NJ office.

The Claims Counsel will under limited supervision handle private company Director and Officer (D&O), EPL and Fiduciary claims of moderate to high value and complexity. The ideal candidate will have experience reviewing matters for coverage, issuing coverage letters, determining exposure, and setting appropriate reserves. You will manage claims through resolution and in accordance with Zurich’s best practices and within authority limits. In this role, you will have the opportunity to regularly communicate with customers, brokers and defense counsels, and may be dedicated to handle single and/or multi-party claims and/or claims for specific accounts.

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 and other reports in connection with significant reserve increases and trial preparation

  • Oversight of defense counsel activities

You must be willing and able to travel approximately 10-25%.

Basic Qualifications:

  • Juris Doctor and 5 or more years of experience in the Claims or Litigation areaOR

  • Bachelor’s Degree and 6 or more years of experience in the Claims or Litigation areaOR

  • High School Diploma or Equivalent and 8 or more years of experience in the Claims or Litigation areaOR

  • Zurich approved Apprenticeship program including an Associate Degree and 6 or more years of experience in the Claims Handling area within the Insurance industryAND

  • Must obtain and maintain required adjuster license(s)

  • Knowledge of the insurance industry, claims and the insurance legal and regulatory environment

  • Negotiation experience

  • Customer service experience

  • Microsoft Office experience

Preferred Qualifications:

  • Juris Doctorate (J.D.) with insurance defense experience

  • Experience in D&O matters

  • Strong written and verbal communications

  • Strong organizational and time management skills and ability to multi task and adapt to a fast-paced, ever changing environment

  • Strong analytical skills, judgment, decision making and problem solving skills

  • Ability to effectively present information to manager, customers and external business partners and prepare and present internal reports

  • Ability to work independently

  • Effectively collaborate cross functionally as well as develop partnerships internally and externally

Imagine working for a company that truly cares about their employees, customers, stakeholders, and communities they serve.

Imagine working for a values-driven organization that has the ambition and desire to be the best global insurance provider in the world.

Zurich is that place where 55,000 employees across approximately 200 countries and territories are all focused on helping people and helping companies protect what is truly most important to them. We are a values-driven organization that takes pride in the work that we do every day and we have the ambition to be the best global insurer in the world.

EOE disability/vets

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.

Primary Location: United States-New Jersey-Jersey City

Schedule Full-time

Travel Yes, 25 % of the Time

Job Posting 02/08/19

Unposting Date Ongoing

Req ID: 190000J2

It is the Policy of Zurich in North America, as an equal opportunity employer, to attract and retain the best-qualified individuals available, without regard to race/ethnicity, color, religion, gender expression, genetic information, national origin, sex, gender identity, sexual orientation, marital status, age, disability or protected veteran status.