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$31K

$58.2K

$86.5K

How much do legacy insurance services jobs pay per year?

As of Jul 21, 2026, the average yearly pay for legacy insurance services in the United States is $58,198.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,000.00 and $66,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Insurance Services Specialist at Legacy Insurance Services, and why are they important?

To thrive as an Insurance Services Specialist, you need a solid understanding of insurance policies, claims processing, and risk assessment, often supported by a bachelor’s degree or relevant insurance certifications. Familiarity with industry-specific software such as policy administration systems, claims management platforms, and CRM tools is typically required. Exceptional attention to detail, problem-solving abilities, and strong customer service skills help professionals excel in this client-facing role. These skills are crucial for ensuring accurate policy administration, regulatory compliance, and positive client experiences.

How does working at Legacy Insurance Services typically involve collaboration with underwriters and claims adjusters?

Collaboration is a key aspect of many roles at Legacy Insurance Services, especially when working with underwriters and claims adjusters. Employees often coordinate closely with underwriters to review policy applications, assess risk, and ensure accurate documentation, while also partnering with claims adjusters to resolve policyholder claims efficiently. This team-oriented approach helps maintain high service standards and ensures that both client needs and regulatory requirements are met. Regular meetings and open communication channels are common, fostering a supportive and collaborative work environment.

What is the difference between Legacy Insurance Services vs Insurance Agent?

AspectLegacy Insurance ServicesInsurance Agent
CertificationsVaries by state, often requires licensingRequires state licensing and certifications
Work EnvironmentOffice-based, client meetings, policy managementFieldwork, client consultations, policy sales
Industry UsageInsurance brokerage and consultingInsurance sales and policy servicing

Legacy Insurance Services typically refers to a company providing insurance brokerage and consulting, focusing on client policies and risk management. An Insurance Agent is an individual licensed to sell insurance policies directly to clients. While both roles require licensing and work within the insurance industry, Legacy Insurance Services often represents a firm offering broader services, whereas Insurance Agents focus on direct sales and client interactions.

What are Legacy Insurance Services?

Legacy Insurance Services are specialized companies or divisions that manage, administer, and resolve insurance policies that are no longer actively sold but still have ongoing liabilities. These services often handle run-off insurance portfolios, claims management, and compliance for older or discontinued insurance products. Their primary goal is to efficiently settle outstanding claims, minimize costs, and ensure regulatory compliance for legacy insurance businesses. This is especially important for insurers exiting certain markets or lines of business, as it allows them to focus on current operations while effectively managing past obligations.
More about Legacy Insurance Services jobs
What job categories do people searching Legacy Insurance Services jobs look for? The top searched job categories for Legacy Insurance Services jobs are:
Legacy Insurance Services jobs near you
Infographic showing various Legacy Insurance Services job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 70% Full Time, 23% Part Time, and 6% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $58,198 per year, or $28 per hour.
Underwriter - Business Development | Remote

Underwriter - Business Development | Remote

Allianz

Minneapolis, MN • On-site, Remote

Full-time

Re-posted 18 days ago

Allianz rating

9.3

Company rating: 9.3 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

13th of 281 rated insurance

Job description

AZRA is a 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 is a property casualty reinsurer which writes both prospective and legacy reinsurance. AZRA has specific expertise in run-off management of U.S. legacy insurance liabilities. It services Allianz Group affiliates and third parties including third party claims administration of asbestos, environmental, workers compensation, general liability, and construction defect liabilities.
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, 2025, AZRA had total admitted assets of USD $3.6 billion and policyholders' surplus of $265 million.
What you do:
Client Engagement
  • Serve as a client facing representative for AZRA
  • Oversight of the transaction process; Primary responsibility for negotiation and final price.
  • In conjunction with the Sr Underwriter approve transactions within a specific authority limit
  • Meet Brokers, clients; attend conferences, organize meetings for the team at conferences
  • Organize underwriting and claim audits; attend some audits
  • Articulate scope and appetite to clients/ brokers; turn down transactions
  • Attend 2-3 Legacy Conferences per year ; Manage legacy brokers and legacy transactions
  • Find new markets for AZRA to explore - ie mutual insurers

Transaction role
  • Structure and Negotiate deals along with actuary / underwriters ; each deal will have a primary negotiator - person could be actuary or client manager
  • Work with legal on wordings and contract language; manage legacy contract process
  • Governance - ensure that contracts meet exclusions (EET) / sanctions / ESG requirements; Lead audit responses ; be knowledgeable of group and local U/W guidelines
  • Utilization of artificial intelligence tools and resources (e.g. generative AI)

What you bring:
  • Deep knowledge of Reinsurance Market - junior broker
  • Underwriting experience a plus; knowledge of reinsurance transactions and lines of business
  • You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas.

Job Posting Range $131,600.00 to $219,300.00
Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.
99944 | Underwriting | Professional | Allianz Reinsurance | Full-Time | Permanent
What we offer:
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. We are united by a shared commitment: to put our customers first and at the center of everything we do. Their needs inspire our thinking and guide our actions. Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future - for our customers and for the world around us.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.

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