Claim Specialist II - Management Specialty Lines

Location: New York

## Claim Specialist II
- Management Specialty Lines Apply locations:
United States
- Remote time type:
Full time posted on:
Posted Yesterday job requisition :
099660

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.
** Job Description Summary
** 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. This may require attending various seminars and training sessions.
* 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…