Claims Specialist - Inland Marine

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 looking for an Inland Marine Claims Specialist.  This role can be based in our Chicago, IL New York City or O’Fallon, MO office.   

 

The Impact You Will Have 

We are currently looking for a Claims Specialist who will be responsible for handling medium to complex Marine Transportation and Logistics claims with end-to-end responsibility, across multiple jurisdictions, including establishing case strategy, appointment and management of claims investigators / experts/coverage counsel and setting of case reserves.   

In addition, the Inland Marine Claims Specialist will drive third party service providers to achieve economical results and to provide a high-quality service to all internal and external customers and assist with training and development of team members, while acting as a technical referral point for other claims handlers. 

 

Some of your specific responsibilities could include:                                           

· 
Claims Processing and Administration. 

· 
Inputting and maintaining accurate claims records for designated accounts, within appropriate AzC Claims administration systems. 

· 
Manage timely production of management information reports (e.g., monthly major claims movements) and proactively identify loss trends.                                                                   

· 
Investigate standard claims, including coverage determination and evaluation of loss exposures. 

· 
Determine appropriate reserving levels.  

· 
Litigation:  Understanding of relevant legal processes and procedures, litigation management, litigation avoidance techniques (e.g., mediation). 

· 
Positively represent AzC externally to the market.  Proactively drive involvement of functional areas in Claims handling process (e.g., underwriting, MMC, ARC, operations).  

· 
Develop and maintain strong relationship with key brokers and clients and other relative stakeholders (e.g., third party adjusters).  

· 
Effectively report and present loss and claims information internally and externally.                                                                                                                                                                                     

 

Qualifications: 

· 
College degree preferred. 

· 
5-7 years’ experience of proven track record in handling marine claims involving noncomplex coverage and damage issues.            

· 
5-7 years’ experience in detailed understanding of claims handling process.                             

· 
3-5 years’ experience in demonstrating established relationships with brokers at peer level group and well established in local market.  

· 
3-5 years’ experience understanding of legal and regulatory framework. 

· 
3-5 years’ experience working in complex, global matrix organization. 

· 
Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business process and decision-making is highly beneficial. 

· 
Products and Coverages: understanding in relevant products, wordings, terms and conditions and coverages. 

· 
Claims Handling: knowledge of claims handling process from notification to settlement and recovery. 

· 
Reserving, reinsurance and coinsurance: knowledge of reserving principles and practices; robust understanding of coinsurance and reinsurance and application. 

· 
Litigation:  Understanding of relevant legal processes and procedures, litigation management, litigation avoidance techniques (e.g., mediation). 

       

The annualized base pay range for this role is $109,105 – $196,073.   The annual base salary range represents a nationwide market range. The actual salary for this position may be above 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. 

71900 | Customer Services & Claims | Professional | Allianz Commercial | Full-Time | Permanent

 

What’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 here . 

 

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. 

 

 

Nearest Major Market: Chicago