Claims Specialist II - Management Specialty Lines

If you’re passionate about helping people protect what matters most to them at a Fortune 100 company with nearly $70 billion in annual sales, as well as innovating and simplifying processes and operations to provide the best customer value, then Nationwide’s Property and Casualty team could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers and partners are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. Job Description Summary If you can put your keen legal mind to work analyzing, managing and resolving insurance coverage and claims, we want to know more about you! Working on our team offers the opportunity to be involved in settling litigated and non‑litigated claims of low to moderate complexity and severity in terms of exposure and coverage. As a Claims Specialist, you'll investigate, evaluate and negotiate claims to successful resolution. This role supports the management liability and specialty lines of business, including errors and omissions, directors and officers and employment practices liability. You will have low monetary authority and work under limited direct supervision and monitoring. We will count on you to collaborate and provide insight to our business partners on claims and policy wording questions and maintain, develop and influence relationships with customers and business partners. Key Responsibilities Investigates and evaluates coverage, liability and damages to set an appropriate claim strategy, settlement and file reserves within approved claims authority. Provides timely and appropriate evaluation of claims to identify and manage reserves in compliance with company standards. Analyzes coverage and provides comprehensive coverage analysis and claim resolution strategies. Provides feedback on claim trends and development. Provides input to underwriters on review of potential and existing insured’s claim experience. Delivers outstanding customer service and satisfaction through effective interactions with insured, agents, and legal counsel. Maintains current knowledge of applicable lines of insurance, insurance regulations, court decisions that may impact the claims function, current guidelines and policy changes and modifications; may attend seminars and training sessions. Contributes to a collaborative environment by consistently demonstrating teamwork, motivation, positive behavior and effort to achieve goals and objectives. May perform other responsibilities as assigned. Reporting Relationships Reports to Claims Director, Freedom Specialty Typical Skills and Experiences Education: College degree preferred. Juris Doctorate desired. License/Certification/Designation: Associates must acquire the required Federal and/or state licenses/registrations within the time period designated by the business unit. Additional licenses/registrations may be required when new products and services are implemented. If an associate fails or is unable to acquire required licenses/registrations within the designated time period, the associate will be ineligible to continue in the position. Experience: Typically, two to four years of claims handling experience. Prior experience in directing defense counsel required. Specific experience in a specific line of business may be required by the hiring business unit. Knowledge, Abilities and Skills: Specific knowledge in a particular line of business and/or additional education may be required. Familiarity with various types of insurance policies preferred. The ability to evaluate and interpret information, strong written and verbal communication skills, the ability to multi‑task, strong time management and organizational skills, the ability to effectively and efficiently manage all responsibilities. Other criteria, including leadership skills, competencies and experiences may take precedence. Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner. Job Conditions Overtime Eligibility: Not Eligible (Exempt) Working Conditions: Normal office environment ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties. Credit/Background Check Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process. Benefits Medical, dental and vision coverage Life insurance Short and long term disability coverage Paid time off: newly hired associates receive a minimum of 18 days paid time off each full calendar year, pro‑rated quarterly based on hire date Nine paid holidays Eight hours of Lifetime paid time off Eight hours of Unity Day paid time off 401(k) with company match Company‑paid pension plan Business casual attire National salary range for Claims Specialist II – Management Specialty Lines: $69,500.00–$129,000.00. Expected starting salary range: $69,500.00–$103,500.00. For NY residents: review the following state law information – Notice of Employee Rights, Protections, and Obligations (LS740). Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law. #J-18808-Ljbffr