Declaratory Relief Action Claims Adjuster III | Remote

About the role

AZRA is seeking a Claims Adjuster III to join our Declaratory Relief Action (DRA) Team. The role is based anywhere within the 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

• 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.

Qualifications

• Juris Doctor preferred.
• 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

• Knowledge of liability policy language and coverage interpretation.
• Ability to work in a highly regulated environment.
• Proficiency in Microsoft Office Suite.
• Strong communication and presentation skills.
• Business acumen and understanding of long tail claims.

Benefits

• Company benefits and other compensation are not specified.
• This role is also eligible for an annual incentive program.

Pay

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

Schedule

Full-time position

What We Offer

Allianz Group is committed to creating a diverse and inclusive workplace. We advocate for equal opportunities for all and encourage applications regardless of race, ethnicity, cultural background, age, gender, nationality, religion, social class, disability, or sexual orientation. Join us to care for tomorrow.