Claims Specialist II - Management Specialty Lines

Nationwide Mutual Insurance Company; New York (NY); Vor Ort; USD 70.000 - 129.000; Vollzeit

Benefits dieser Stelle

Medical/dental/vision

Life insurance

Short and long term disability

Paid time off

Nine paid holidays

Lifetime PTO

Unity Day PTO

401(k) with match

Company-paid pension plan

Business casual attire

Zusammenfassung

Nationwide in New York is seeking a Claims Specialist II to investigate, evaluate, and negotiate coverage and damages for management specialty lines, including E&O, D&O, and EPL. The role involves analyzing claims, setting strategy within limited authority, and delivering attentive service to insureds, agents, and counsel.

Responsibilities include collaboration with underwriters, maintaining policy knowledge, and supporting business partners while adhering to regulatory standards.

Qualifikationen

• Education: College degree preferred. Juris Doctorate desired.
• License/Certification/Designation: Acquire required Federal/state licenses within designated period; additional licenses may be required for new products and services.
• Experience: Typically 2–4 years of claims handling experience; prior defense counsel direction experience may be required; specific line experience may be required by the hiring unit.
• Knowledge, Abilities and Skills: Knowledge in a line of business; familiarity with various insurance policies; ability to evaluate information; strong written and verbal communication; ability to multi-task; strong time management and organizational skills; leadership may be required.

Aufgaben

• Investigates and evaluates coverage, liability and damages to set an appropriate claim strategy, settlement and file reserves within approved claims authority.
• Provides timely and appropriate evaluation of claims to identify and manage reserves in compliance with company standards.
• Analyze coverage and provide comprehensive coverage analysis and claim resolution strategies.
• Provide feedback on claim trends and development.
• Provide input to underwriters on review of potential and existing insured’s claim experience.
• Delivers outstanding customer service and satisfaction through effective interactions with insured, agents, and legal counsel.
• 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.
• Contributes to a collaborative environment by consistently demonstrating teamwork, motivation, positive behavior and effort to achieve goals and objectives.

Kenntnisse

Communication

Time management

Organizational skills

Verbal communication

Negotiation

Ausbildung

College degree preferred

Juris Doctorate desired

Jobbeschreibung

Job Description Summary

If you’re passionate about helping people protect what matters most to them at a Fortune 100 company with nearly $70 billion in annual sales, as well as innovating and simplifying processes and operations to provide the best customer value, then Nationwide’s Property and Casualty team could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers and partners are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

If you can put your keen legal mind to work analyzing, managing and resolving insurance coverage and claims, we want to know more about you! Working on our team offers the opportunity to be involved in settling litigated and non-litigated claims of low to moderate complexity and severity in terms of exposure and coverage. As a Claims Specialist, you'll investigate, evaluate and negotiate claims to successful resolution. This role supports the management liability and specialty lines of business, including errors and omissions, directors and officers and employment practices liability. You will have low monetary authority and work under limited direct supervision and monitoring. We will count on you to collaborate and provide insight to our business partners on claims and policy wording questions and maintain, develop and influence relationships with customers and business partners.

Job Description Key Responsibilities

• Investigates and evaluates coverage, liability and damages to set an appropriate claim strategy, settlement and file reserves within approved claims authority.
• Provides timely and appropriate evaluation of claims to identify and manage reserves in compliance with company standards.
• Analyze coverage and provide comprehensive coverage analysis and claim resolution strategies.
• Provide feedback on claim trends and development.
• Provide input to underwriters on review of potential and existing insured’s claim experience.
• Delivers outstanding customer service and satisfaction through effective interactions with insured, agents, and legal counsel.
• 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.
• Contributes to a collaborative environment by consistently demonstrating teamwork, motivation, positive behavior and effort to achieve goals and objectives.
• May perform other responsibilities as assigned.

Reporting Relationships

Reports to Claims Director, Freedom Specialty

Typical Skills and Experiences

Education: College degree preferred. Juris Doctorate desired.

License/Certification/Designation: Associates must acquire the required Federal and/or state licenses/registrations within the time period designated by the business unit. Additional licenses/registrations may be required when new products and services are implemented. If an associate fails or is unable to acquire required licenses/registrations within the designated time period, the associate will be ineligible to continue in the position.

Experience: Typically, two to four years of claims handling experience. Prior experience in directing defense counsel required. Specific experience in a specific line of business may be required by the hiring business unit.

Knowledge, Abilities and Skills: Specific knowledge in a particular line of business and/or additional education may be required. Familiarity with various types of insurance policies preferred. The ability to evaluate and interpret information, strong written and verbal communication skills, the ability to multi-task, strong time management and organizational skills, the ability to effectively and efficiently manage all responsibilities. Other criteria, including leadership skills, competencies and experiences may take precedence. Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Values

Regularly and consistently demonstrates the Nationwide Values.

Job Conditions

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment ADA

The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Credit/Background Check

Due to the fiduciary accountabilities in this job, a valid credit check and/or background check will be required as part of the selection process.

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
• and more

For NY residents please review the following state law information:

Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.

Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

National salary range for Claims Specialist II - Management Specialty Lines: $69,500.00-$129,000.00

Expected starting salary range for Claims Specialist II - Management Specialty Lines: $69,500.00 - $103,500.00

About Nationwide

At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care – and we’ve been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can feel the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For. Check out why others think we're a great place to work, too, and let us know – can you see yourself at Nationwide?

Equal Opportunity Employer Statement

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.