Apply on Employer Site

Nationwide · 2 hours ago

Claims Specialist III, Management Specialty Lines

New York, NY

Full-time

Hybrid

Mid, Senior Level

$88K/yr - $164K/yr

3+ years exp

Nationwide is a company focused on helping people protect what matters most to them, and they are seeking a Claims Specialist III in Management Specialty Lines. This role involves investigating, evaluating, and negotiating claims, supporting the management liability and specialty lines of business, while collaborating with customers and business partners.

BankingFinancial ServicesInsuranceLife Insurance

Hiring Manager

Brianna Kemp

Responsibilities

Investigates and evaluates coverage, liability and damages to set an appropriate claim strategy, settlement and file reserves within approved claims authority

Analyze coverage and provide comprehensive coverage analysis and claim resolution strategies

Provides timely and appropriate evaluation of claims to identify and manage reserves in compliance with company standards

Delivers outstanding customer service and satisfaction through effective interactions with insured, agents and legal counsel

Provide feedback on claim trends and development. Provide input to underwriters on review of potential and existing insured’s claim experience

May assist in the development, coaching, training and mentoring of individual team members. May act as a subject matter authority in a specific line of business or risk

Maintains current knowledge of applicable lines of insurance, insurance regulations, court decisions which may impact the claims function, current guidelines and policy changes and modifications. This may require attending various seminars and training sessions

Contributes to a collaborative environment by consistently demonstrating teamwork, high motivation, positive behavior and effort to achieve goals and objectives

Qualification

Juris DoctorateClaims handling experienceCyber liability knowledgeEPL knowledgeD&O liability knowledgeAnalytical skillsWritten communication skillsVerbal communication skillsTime management skillsOrganizational skillsTeamwork

Required

Prior claims file handling experience: Including Cyber, EPL, D&O liability, E&O, or professional negligence experience

Claims handling experience typically acquired through three to five years of experience

Prior experience in directing defense counsel required

Specific knowledge in a particular line of business and/or additional education may be required

Demonstrates aptitude in evaluating, analyzing and interpreting information

Demonstrable expertise in specific line of business

Excellent analytical skills

Excellent written and verbal communication skills

Ability to multi-task

Excellent time management and organizational skills

Ability to work independently

Ability to effectively and efficiently manage all responsibilities

Ability to direct attorneys in claims and litigation management

Preferred

Juris Doctorate (JD) is preferred

College degree preferred

Specific experience in a specific line of business may be required by the hiring business unit

Benefits

Medical/dental/vision

Life insurance

Short and long term disability coverage

Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date

Nine paid holidays

8 hours of Lifetime paid time off

8 hours of Unity Day paid time off

401(k) with company match

Company-paid pension plan

Business casual attire

Company

Nationwide

Glassdoor3.9

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States.

Founded in 1925

Columbus, Ohio, USA

10001+ employees