Want Claims Adjuster III Construction Defect | Remote in Minneapolis, MN

Job title: Claims Adjuster III Construction Defect | Remote Company: Allianz Job description: AZRA is a small, specialty niche reinsurer, domiciled in California and licensed as an admitted insurer in 36 states (including District of Columbia) and is a qualified, accredited or approved reinsurer in fifteen states. AZRA's business focus is legacy reinsurance and run-off management of U.S. legacy insurance liabilities for Allianz Group affiliates and third parties including third party claims administration and reinsurance of asbestos & environmental, workers compensation, general liability and excess and construction defect liabilities and prospective reinsurance for strategic transactions. AZRA has approximately 150 employees located nationwide with the majority working on a remote basis. AZRA is rated "AA-"by Standard & Poor's. As of December 31, 2021 AZRA had total admitted assets of USO $2.4 billion and policyholders' surplus of $295 million. The Allianz Group is a global financial services provider whose core businesses are insurance, reinsurance and asset management products and services. In 2021, with over 155,000 employees worldwide, the Allianz Group achieved total revenues of 148.5 billion euros and an operating profit of 13.4 billion euros. 126 million private and corporate customers in more than 70 countries rely on the Allianz Group's knowledge, global presence, financial strength and solidity. Allianz SE, the parent company, is headquartered in Munich, Germany, and is rated "AA" by Standard & Poor's and "A+" by A.M. Best. What you do:

• Manage a caseload of Construction Defect Claims in multiple states.
• Manage new loss assignments, reassignments and proper reserve setting.
• Be able to perform coverage analysis, responsibilities to defend, tasks to indemnity, and choice of law.
• Be able to identify issues that need to be resolved, what methods to use, including a focus on risk transfer and resolutions which create a best outcome.
• Familiar with drafting of complex coverage letters, which include reservation of rights, disclaimers and responses to "push back" letters.
• Develop legal strategy with counsel and manage Construction Defect litigation consistent with litigation guidelines. This includes both, Coverage Counsel and Defense Counsel.
• Identify appropriate cases for trial and complete pre-trial reports and trial activities.
• You will report to a Claim Manager, Construction Defect group.

What you bring:

• You will have 5+ years of litigated Construction Defect claim handling experience with demonstrated roles of increased responsibility and exposure to multiple jurisdictions.
• Technical background desired with an emphasis on coverage issue identification and policy interpretation.
• Caseload does include handling Home Builder policies which includes WRAP/OCIP, Project Specific and SIR policies.
• In-depth knowledge of liability policy language and coverage interpretation.
• Work experience in a regulated environment and ability to ensure compliance with company procedures.
• College degree.

Range $100,000 - $125,000 Actual base salary may vary based on factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program. What we offer: At Allianz Life, we're proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes diversity. Our great benefits, campus amenities and inclusive, engaged culture are among the many reasons we're recognized as a top workplace employer. 27989 | Operations | Professional | Non-Executive | Allianz US Life | Full-Time | Permanent Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the con?dence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Great to have you on board. We care for tomorrow. Expected salary: $100000 - 125000 per year Location: Minneapolis, MN Apply Job!