Declaratory Relief Action Claims Adjuster III

Role Description

AZRA is looking for a Claims Adjuster III to join our Declaratory Relief Action (DRA) Team - based anywhere, USA.

• Efficient, effective, quality claim management and documentation of declaratory judgment new loss assignments and reassignments in compliance with statutory guidelines and company best practices.
• Clear understanding of coverage issues and the ability to make complex coverage decisions consistent with applicable policy language, law, and corporate position.
• Proactive and independent development, monitoring, and enforcement of litigation management strategy on each claim.
• Independent review and analysis of underlying file materials, policies and underwriting materials, and motions and pleadings.
• Appropriate expense management including critical analysis and enforcement of budgets consistent with scope of assignment to counsel and/or vendor.
• Work collaboratively with underlying claim adjusters and quantitative analysis resources to evaluate litigated claims and identify opportunities for resolution.
• Clearly, cogently, and proficiently explain the positions of Allianz in deposition.
• Stay informed on the latest industry trends and identify issues in DRA and underlying files.
• Utilization of artificial intelligence tools and resources (e.g. generative AI).

Qualifications

• 7-10 years of litigated claim handling experience in long tail claims, with demonstrated roles of increasing responsibility.
• Strong asbestos, pollution, health hazard (APH) and/or sexual abuse claims background including technical expertise, quantitative analysis, and coverage experience.
• In-depth knowledge of liability policy language and coverage interpretation.
• Ability to work in a highly regulated environment and ensure compliance with company policies and procedures.
• Discipline to work efficiently and independently in a remote environment.
• Proficiency in Microsoft Word, Excel, PowerPoint, and SharePoint environments.
• Strong interpersonal communication and presentation skills.
• Possess business acumen, understand business and economic environment of long tail claims, ARM US and the insurance industry as a whole.
• Occasional travel required.
• Juris Doctor preferred.
• Must be legally authorized to work in the US without requiring immigration sponsorship now or in the future.

Requirements

• Job Posting Range: $90,400 - $150,600.
• Note the job posting range is exclusive of company benefits or other compensation.
• This role is also eligible for an annual incentive program.
• Final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education.
• Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.

Benefits

• Allianz Group is one of the most trusted insurance and asset management companies in the world.
• Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer.
• We stand for unity: we believe that a united world is a more prosperous world.
• We are dedicated to consistently advocating for equal opportunities for all.
• We welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.