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Zurich Insurance

Global insurer providing property, casualty, life

Claims Specialist 2 - Workers Compensation

Claims AdjudicationUpdated on Nov 15
Full-time

About the Job

Requirements

  • A bachelor's degree and at least 3 years of experience in claims or insurance; or Zurich Certified Insurance Apprentice status, including an associate degree, and at least 3 years of claims or insurance experience; or completion of the Zurich Claims Training Program and at least 2 years of claims or insurance experience; or a high school diploma or equivalent and at least 5 years of claims or insurance experience.
  • Must obtain and maintain required adjuster licenses.
  • Knowledge of insurance regulations, markets, and products.
  • Experience with Microsoft Office.

Responsibilities

  • Document claims files by accurately capturing and updating claims data and information in compliance with best practices for low-to-moderate exposure and complexity personal or commercial line claims.
  • Determine liability by gathering and analyzing relevant facts, applying applicable law, and establishing basic principles of negligence.
  • Determine policy verification and coverage by analyzing applicable coverage and determining whether the loss falls within coverage.
  • Develop case strategies and evaluations and escalate issues as appropriate to resolve claims timely.
  • Establish timely reserves and perform ongoing reviews throughout the claims cycle within authority limits by estimating and validating claim values.
  • Assess damages by calculating applicable damages or ranges of damages allowed by law.
  • Negotiate claim settlements by establishing appropriate negotiation strategies and using available tools and resources within authority limits.
  • Meet quality standards by following best practices.
  • Ensure customer service by proactively communicating information, responding to inquiries, following customer protocols, and potentially participating in customer marketing efforts.
  • Manage expenses by working within approved vendor networks and managing the scope of work assigned to outside contractors; depart from approved vendors with manager approval when it is in the insured's best interests.
  • Ensure legal compliance by following state and federal laws and regulations and internal control requirements.
  • Refer claims to subrogation and fraud teams by identifying potential subrogation and fraud.
  • Contribute to profitable growth by providing risk insights, information, and trends to the business unit or customer as needed.
  • Protect Zurich's reputation by keeping claims information confidential.
  • Maintain professional and technical knowledge by participating in educational opportunities, staying current with industry trends, establishing professional networks, and participating in professional societies.

Desired Qualifications

  • At least 4 years of experience in the workers compensation line of business.
  • At least 3 years of experience handling litigation management.
  • Specialization in Massachusetts, Maine, and Vermont jurisdictions, with knowledge of Connecticut and New Hampshire.
  • Familiarity with the Subsequent Injury Fund in Massachusetts.
  • Ability to learn and handle additional jurisdictions as needed.
  • Knowledge of EDI filing requirements.
  • Knowledge of MSA and Medicare.
  • WCCA or WCCP designations.
  • Knowledge and skill in claims handling.
  • Negotiation experience.
  • Experience in the line of business.
  • Communication skills.
  • Analytical skills.

About the Company

Zurich Insurance

Global insurer providing property, casualty, life

Zurich Insurance Group provides global multi-line insurance for individuals, families, small and mid-sized businesses, public entities, and multinational corporations in more than 200 countries. Its Property & Casualty arm covers personal lines like car and home, plus a wide range of commercial coverages (property, casualty, motor fleet, marine, construction, energy, financial lines, international programs); its Life business offers protection, savings, retirement, and unit-linked products. The Farmers Group manages Farmers Exchanges in the United States. The company also provides risk engineering and prevention services to help customers reduce risk and build climate resilience, with products sold through agents, brokers, bank partners, and direct channels. Its goal is to provide financial protection and risk management solutions that help customers manage uncertainty and build resilience over the long term.

Company size
10,001+
Company stage
IPO
Headquarters
Zurich, Switzerland
Founded
1872

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