Declaratory Relief Action Claims Adjuster III

About the role

AZRA is a specialty niche reinsurer, domiciled in California and licensed as an admitted insurer in 36 states (including District of Columbia), and is a qualified, accredited, or approved reinsurer in fifteen states. AZRA is a property casualty reinsurer which writes both prospective and legacy reinsurance. AZRA has specific expertise in run-off management of U.S. legacy insurance liabilities. It services Allianz Group affiliates and third parties including third party claims administration of asbestos, environmental, workers compensation, general liability, and construction defect liabilities. AZRA has approximately 150 employees located nationwide with the majority working on a remote basis. AZRA is looking for a Claims Adjuster III to join our Declaratory Relief Action (DRA) Team– based anywhere, USA.

Responsibilities

• 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).

Requirements

• Ideal candidate will have 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 ability to 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.

Qualifications

• You must be legally authorized to work in the US without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT and other nonimmigrant visas.

Skills

• Legal knowledge and experience in long tail claims, particularly asbestos, pollution, health hazard (APH), and sexual abuse claims.
• Experience with legal document preparation and analysis.
• Ability to manage and prioritize multiple tasks effectively.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Office Suite.
• Knowledge of artificial intelligence tools and generative AI.

Benefits

At AZRA, we offer competitive compensation and benefits packages, including:

• Base Salary: $90,400 – $150,600 (exclusive of company benefits or other compensation)
• Annual Incentive Program
• Health Insurance
• Retirement Plans
• Flexible Work Arrangements
• Professional Development Opportunities

Pay

$90,400 – $150,600 (exclusive of company benefits or other compensation)

Schedule

Remote work arrangement