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Zurich Insurance · 2 days ago

Mass Litigation Claims Specialist II

Schaumburg, IL

Full-time

Hybrid

Mid Level

$66K/yr - $108K/yr

3+ years exp

Zurich Insurance is a leader in risk management with over 150 years of expertise. They are seeking a Mass Litigation Claims Specialist II to manage moderate to low commercial liability claims involving toxic torts and class action litigation, providing technical claims service and collaborating with various stakeholders.

Financial ServicesInsuranceProductivity Tools

Comp. & Benefits

No H1B

Responsibilities

Manage moderate to low commercial liability claims involving toxic torts, latent injuries, and class action litigation

Provide technical claims service on mostly litigated matters of moderate to high-severity and complexity

Identify and mitigate risks, and deliver valuable industry insights

Interpret policies and analyze coverage

Retain and manage counsel and other vendors

Collaborate with internal and external contacts, including underwriters, customers, and brokers

Negotiate and resolve claims

Manage all communications and reporting associated during the life of a claim

Qualification

Claims ManagementInsurance KnowledgeNegotiation StrategyAnalytical SkillsMicrosoft OfficeCommunication SkillsProblem SolvingTime ManagementTeam Collaboration

Required

Bachelor's Degree and 3 or more years of experience in the Claims or Insurance area OR

Zurich Certified Insurance Apprentice, including an Associate Degree and 3 or more years of experience in Claims or Insurance area OR

Completion of Zurich Claims Training Program and 2 or more years of experience in the Claims or Insurance area OR

High School Diploma or Equivalent and 5 or more years of experience in the Claims or Insurance area AND

Must obtain and maintain required adjuster license(s)

Knowledge of insurance regulations, markets and products

Microsoft Office experience

Preferred

Effective verbal and written communication skills

Strong analytical, critical thinking, and problem solving skills

Solid time management, prioritization and multi-tasking skills

Experience collaborating in a team environment and building cross functional working relationships

Adept in identifying and explaining complex financial and/or actuarial concepts

Ability to determine the scope and exposure for moderately complex claims

Demonstrates understanding of the reserving process for indemnity and expense in analyzing the potential exposure of moderately complex claims

Ability to develop and execute a negotiation strategy and plan for resolution

Ability to identify subtleties in customer/client and/or business partner interactions

Ability to present information necessary to propose a claim resolution to stakeholder

Benefits

Incentive plan

401K match

An additional 401K contribution

Flexible work options

Work/life balance

Summer hours

Company

Zurich Insurance

Glassdoor4.2

Zurich Insurance Group (Zurich) is a leading global multi-line insurer founded more than 150 years ago, which has grown into a business serving more than 75 million customers in more than 200 countries and territories, while delivering industry-leading total shareholder returns.

Founded in 1872

Zürich, Zurich, CHE

10001+ employees