Declaratory Relief Action Claims Adjuster III | Remote

Job Level:  Professional
Location: 

Minneapolis, MN, US, 55416

Area of Expertise:  Customer Services & Claims
Unit:  Allianz Reinsurance
Employing Entity:  Allianz Reinsurance America Inc
Job Type:  Full-Time
Remote Job:  Remote working
Employment Type:  Permanent
ID:  102499
Position Cluster:  Non-Executive

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

 

What you do:

  • 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)

 

What you bring:

  • 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.
  • 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.

 

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. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.

 

102499 | Customer Services & Claims | Professional | Non-Executive | Allianz Reinsurance | Full-Time | Permanent

 

What we offer:

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. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore 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.

 

Join us.  Let’s care for tomorrow. 


Nearest Major Market: Minneapolis