Claim Specialist III - Management Specialty Lines at Nationwide | NY, US | Rezi

Claim Specialist III - Management Specialty Lines at Nationwide

Claim Specialist III - Management Specialty Lines

Nationwide · NY, US

3 weeks ago

Claim Specialist III - Management Specialty Lines

Nationwide · NY, US

25 days ago
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About the Role

Nationwide's Property and Casualty team is seeking a Claims Specialist to analyze, manage, and resolve insurance coverage and claims. This role involves settling claims of low severity and exposure, supporting management liability and specialty lines of business.

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.
  • Analyzes coverage and provides comprehensive coverage analysis and claim resolution strategies.
  • Delivers outstanding customer service and satisfaction through effective interactions with insured, agents, and legal counsel.
  • Provides feedback on claim trends and development.
  • Provides input to underwriters on review of potential and existing insured’s claim experience.
  • Maintains current knowledge of applicable lines of insurance, insurance regulations, court decisions, current guidelines, and policy changes.
  • 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.

Requirements

  • 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 obtain required licenses/registrations within the designated time period, the associate will be ineligible to continue in the position.
  • Regularly and consistently demonstrates the Nationwide Values.
  • A valid credit check and/or background check will be required as part of the selection process.

Skills

  • Basic Knowledge of professional lines insurance and litigation.
  • Analytical skills
  • Strong written and verbal communication skills
  • Ability to multi-task
  • Strong time management and organizational skills
  • Ability to effectively and efficiently manage all responsibilities.

Location

  • Remote

Work Type

  • Full-time
  • Exempt

Experience Level

  • Post graduate education, or claims handling experience, or comparable job related experience.

Education Level

  • College degree preferred
  • Juris Doctorate desired

Salary/Compensations

  • $55,700.00-$103,500.00
  • $55,700.00 - $83,500.00

Benefits

  • Medical/dental/vision
  • Life insurance
  • Short and long term disability coverage
  • Paid time off (minimum of 18 days per year)
  • 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

About the Company

  • Nationwide is a Fortune 100 company with nearly $70 billion in annual sales.
  • At Nationwide®, 'on your side' goes beyond just words.
  • Our customers and partners are at the center of everything we do.

Equal Opportunity

  • 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.