Senior Claims Specialist or Claims Specialist (Workmen's Comp)

Company:  Zurich NA
Location: Addison
Closing Date: 06/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Senior Claims Specialist or Claims Specialist (Workmen's Comp)117405Zurich North America is seeking an experienced Senior Claims Specialist or Claims Specialist in Workers' Compensation to join our team. While we prefer candidates who can work on a hybrid work schedule out of our Addison, TX, Overland Park, KS or Schaumburg, IL office(s), we are open to considering fully remote applicants located throughout the US.The Workers Compensation Claims Specialist will handle multi-party commercial line Workman’s Compensation claims of moderate to high exposure and complexity within specific authority limits, to ensure that claims are handled in the most efficient, effective way while delivering a customer-centric claims service.In this role you will be responsible for:Document claims file by accurately capturing and updating claims data/information in compliance with best practices for single and multi-party personal or commercial line claims of moderate to high exposure and complexity.Exercise judgment to determine liability by gathering and analyzing relevant facts; utilizing applicable law; establishing basic principles of negligence.Exercise judgment to determine policy verification and coverage determination by analyzing applicable coverage for claims and determining whether the loss falls within the coverage.Work to have a timely resolution to claims by developing case strategy; developing a case evaluation; escalating issues as appropriate.Establish timely reserves and perform ongoing review throughout claims cycle within authority limit by estimating and validating value of claims.Assess damages by calculating applicable damages or range of damages allowed by law.Negotiate settlement of claim by establishing appropriate negotiation strategy and utilizing available tools and resources within authority limits.Meet quality standards by following best practicesThis role will be filled at either the Senior Litigated Claims Specialist IV or Litigated Claims Specialist II. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skill set relative to the qualifications listed for this position.Basic Qualifications:Senior Claims Specialist:Bachelor’s Degree and 6 or more years of experience in the Claims and/ or Litigation Management area.ORJuris Doctor and 2 or more years of experience in the Claims and/ or Litigation Management area.ORZurich Certified Insurance Apprentice, including an Associate Degree with 6 or more years of experience in the Claims and/ or Litigation Management area.ORCompletion of Zurich Claims Training Program and 6 or more years of experience in the Claims and/ or Litigation Management area.ORHigh School Diploma Equivalent and 8 or more years of experience in the Claims and/ or Litigation Management area.ANDMust obtain and maintain required adjuster license(s)Microsoft Office experienceKnowledge of insurance regulations, markets and productsORClaims Specialist:Bachelor’s Degree and 3 or more years of experience in the Claims and/ or Litigation Management area.ORZurich Certified Insurance Apprentice, including an Associate Degree with 3 or more years of experience in the Claims and/ or Litigation Management area.ORCompletion of Zurich Claims Training Program and 3 or more years of experience in the Claims and/ or Litigation Management area.ORHigh School Diploma Equivalent and 5 or more years of experience in the Claims and/ or Litigation Management area.ANDMust obtain and maintain required adjuster license(s)Microsoft Office experienceKnowledge of insurance regulations, markets and productsPreferred Qualifications:4+ years of experience handling Workers Compensation claims with medium to high severity and exposure3+ years of Litigation Management experienceWork experience handling claims in IL, WI, MN, KS , MO and/or UTEffective verbal and written communication skillsStrong analytical, critical thinking and problem-solving skillsStrong multi-tasking and prioritization skillsExperience collaborating in a team environment and building cross functional working relationshipsProactively shares and promotes sharing of insightsAbility to gather unique perspectives from other teams/functions to optimize outcomes.Understands, analyzes, and applies the component parts of an insurance policy for complex claimsAbility to follow reserving process for indemnity and expense in analyzing the potential exposure of complex claimsAbility to determine the scope and exposure for complex claimsAbility to leverage trend and relationships to provide high-quality customer serviceWell-versed in identifying, understanding and explaining complex financial and/or actuarial trends/concepts.Ability to effectively communicate coverage determinations to customers/clients/brokers for complex claimsAbility to direct counsel on an ongoing basis to guide the course of complex litigation and settlement strategiesCompensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience. As required by local law, Zurich provides in good faith a reasonable range of compensation for roles. For additional information about our Total Rewards, Clickhere ( . Other rewards may include short term incentive bonuses and merit increases. Candidates with salary expectations outside of the range are encouraged to apply, and will be considered based on experience, skill, and education. The salary provided is a nationwide market range and has not been adjusted for the applicable geographic differential associated with the location where the position may be filled.The combined salary range for this position is$57,500.00 - $119,200.00.The starting salary range for the Claims Specialist is$57,500.00 - $94,300.00and for the Senior Claims Specialist is$72,800.00 - $119,200.00.As an insurance company, Zurich is subject to 18 U.S. Code § 1033.As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ( ).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 clickhere ( to learn more.As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vetZurich 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 - Schaumburg, AM - Remote Work (US), AM - Overland Park, AM - AddisonRemote Working: HybridSchedule: Full TimeEmployment Sponsorship Offered: NoLinkedin Recruiter Tag: #LI-MD1 #LI-ASSOCIATE #LI-HYBRID

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