Legal Claims Professional - Financial Lines

Overview Zurich is currently looking for a Legal Claims Professional for our growing Management Solutions group. Benefits We offer a global footprint with benefits including an incentive plan, 401(k) match, additional 401(k) contribution, flexible work options, work/life balance, summer hours, and a great culture. Responsibilities The Claims Professional will handle public company D&O, fiduciary liability, and potentially transactional liability claims of moderate to high complexity under limited supervision. The candidate will review complaints, all other legal pleadings and discovery, arbitration demands, coverage analysis, determine exposure and set appropriate reserves. They will resolve claims according to Best Practices and within authority limits, regularly communicate with customers and brokers, and may be dedicated to handle claims for specific accounts. Analyze coverage, liability, damages and exposure Participate in mediations and settlement negotiations Draft reservation of rights and coverage denial letters Notify Underwriter of claim issues Draft case summary reports in connection with significant reserve increases and trial preparation Direct and engage with the activities of defense counsel Analyze risk and minimize exposure Strategically direct claims to timely and appropriate resolutions Work Model We acknowledge that work-life balance and flexibility are a priority. The ZNA hybrid work model emphasizes flexibility, allowing claims employees to conduct individual work in their preferred location, while facilitating in-person connections and collaborative activities when meaningful and valuable. Hybrid schedule is required for Manhattan NY, Parsippany NJ, or Schaumburg IL offices. Basic Qualifications Juris Doctor and 5 or more years of experience in the legal area AND JD and 5 or more years of legal practice experience in the insurance area Must obtain and maintain required adjuster license(s) Experience in insurance claims and the insurance legal and regulatory environment Negotiation experience Customer service experience Microsoft Office experience Preferred Qualifications Member of the Bar Claims handling experience including Public D&O, EPL, Fiduciary and/or insurance coverage defense Analytical skills Strong communication skills Ability to multi-task Organization and time management skills Ability to work independently Experience collaborating across work groups Insurance designations such as SCLA, CPCU, AIC Compensation Pay range is $135,000.00 - $165,000.00 with short-term incentive bonus eligibility set at 15%. Eligibility for bonuses and merit increases also applies. Location Locations: Manhattan NY, Parsippany NJ, Schaumburg IL. Remote Working: Hybrid. Schedule: Full Time. Employment Sponsorship: No. Equal Opportunity Employer Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets. Zurich complies with 18 U.S. Code § 1033. #J-18808-Ljbffr Zurich