Job Details

Claims Counsel II

Company name

Zurich Insurance Company Ltd

Organization Type


Job Type


Date Last Verified

Aug 17,2018

Posted on

Jul 31,2018

Years of Experience

Min 5 yrs required


Jersey City, NJ
Practice Area
Litigation >> Litigation - General/Commercial
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Claims Counsel II The candidate will under limited supervision handle private company Director and Officer (D&O) liability EPL and Fiduciary claims of low to moderate to value and complexity. Must have experience reviewing matters for coverage, issuing coverage letters, determining exposure, and setting appropriate reserves. Manage claims through resolution and in accordance with firm’s best practices. Must have the opportunity to regularly communicate with customers, brokers and defense counsels, and may be dedicated to handle single and/or multi-party claims and/or claims for specific accounts. Analyze coverage, liability and damages. Participate in mediations and negotiating settlements. Draft reservation of rights and coverage denial letters. Notify Underwriter of claim issues. Draft case summary reports in connection with significant reserve increases and trial preparation. Direct activities of defense counsel . JD degree and 2 or more years of experience in the Claims or Litigation area is needed, OR Bachelors Degree and 4 or more years of experience in the Claims or Litigation area is needed, OR High School Diploma or Equivalent and 5 or more years of experience in the Claims or Litigation area is needed, OR Zurich approved Apprenticeship program including an Associate Degree and 4 or more years of experience in the Claims Handling area within the Insurance industry, and Must obtain and maintain required adjuster license. Knowledge of the insurance industry, claims and the insurance legal and regulatory environment is needed. Negotiation experience is essential. Customer service experience is needed. Microsoft Office experience is essential. J.D. degree with insurance defense experience, particularly private company D&O experience. AIC, SCLA and/or CPCU designation is needed. Strong communication, presentation and negotiation skill is essential. Strong organizational and time management skills and ability to multi task and adapt to a fast-paced, ever changing environment is needed. Strong analytical skills, judgment, decision making and problem solving skills are essential.

Additional info

Ref: 180006CU

Company info

Hiring Coordinator
Zurich Insurance Company Ltd
1400 American Lane
Schaumburg, IL 60196

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