Claims Specialist - Excess & Umbrella

Company: Disability Solutions
Location: Alpharetta
Posted on: November 3, 2024

Job Description:

Let's care for tomorrow. Your ambitions. Your dreams. Your tomorrow At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it's aircraft, satellites, the world's biggest ships and tallest building, cyber-attacks or climate change impacts, AzC has the major risks covered when it comes to protecting businesses. We are currently seeking a Sr. Claims Specialist based in the Alpharetta, GA office. Your Team You will be working with a small but diverse team of claims professionals of various experience levels and backgrounds, in a collegial and supportive atmosphere that values individual strengths and also encourages professional development and participation in industry leadership. The Impact You Will Have Proactively investigate, negotiate, and resolve high exposure Excess and Umbrella claims, in accordance with established best practices and assure claims are handled within granted autonomy limits. You will also develop and maintain relationships with customers and brokers as well as internal business partners. Some of your specific responsibilities could include:

• Input and maintain accurate claims records for designated accounts, within appropriate AzC Claims administration systems.
• Select and direct independent external service providers (e.g. Lawyers, Independent Adjusters, Experts).
• Evaluate and address coverage issues and determine appropriate reserving levels.
• Negotiate and resolve high exposure, complex claims ensuring cost effective, service orientated solutions.
• Support training, developing, and coaching of less experienced staff.
• Ensure all claims handled within authority limits, and in line with AzC Claims complex procedures and guidelines.
• Refer cases outside of authority level, preparing referral documentation and materials as appropriate.
• Support establishment of claims management procedures on new business accounts in association with clients, brokers and loss adjusters
• Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary) Qualifications:
  • 7-10 years' experience in proven track record in handling Excess and Umbrella claims involving complex coverage and damage issues.
  • Demonstrate established relationships with brokers at peer group level and well established within local market.
  • Have an expert understanding of Line of Business products and portfolio, with expert understanding of coverage and application in the adjustment process.
  • In-depth understanding of regional / local Line of Business insurance markets and competitor landscape.
  • Detailed understanding of legal and regulatory framework.
  • Experience working in a complex, global matrix organization.
  • Bachelor's degree in a relevant discipline. The annual base salary range base pay range for this role is $102,232 to $175,255. The annualized represents a North American market range. The actual salary for this position may be above or below and will be determined by several factors, including the scope, complexity and location of the role, the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards. 50986 - Customer Services & Claims - Professional - Non-Executive - Allianz Commercial - Full-Time - PermanentWhat's in it for you? Let's care about everything that makes you, you. We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us. Let's care for your financial wellbeing. We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and 401K. Let's care for your opportunities to progress. From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered. Let's care for life's twists and turns. From our support for flexible working, health, and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back. Let's care for our society and our planet. With opportunities to be engaged in shaping a future that is safe, inclusive, and sustainable, we care for the tomorrows of our people, our industry, and our clients. Care to join us? Allianz Commercial (AzC) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business. Learn more about us by clicking . Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation, or any other protected characteristic. Diversity of thinking is an important part of our company culture. Recruitment Agencies: AzC has an in-house recruitment team, which focuses on sourcing great candidates directly. AzC does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. #LI-HybridNearest Major Market: Alpharetta Nearest Secondary Market: Atlanta

Keywords: Disability Solutions, Chattanooga , Claims Specialist - Excess & Umbrella, Other , Alpharetta, Tennessee