Management Liability Claims Counsel

Role Overview

• Responsible for handling Management Liability Claims (EPL, D&O, Fiduciary and Crime) for Private and Non-Profit businesses based on Claim Guidelines
• Within authority limit, thoroughly analyze, investigate, negotiate and resolve all levels of severity claims
• Selects, directs and manages defense counsel including approval of budgets
• Develops litigation/file disposition strategy. Attends mediations, settlement conferences and trials
• Verifies/analyzes applicable coverage for the reported claims
• Follow operational policies and procedures, including compliance, regulatory and performance and customer service standards
• Prepare reports, including Large Loss Reports, to management which accurately reflects loss development, potential/actual financial exposure, coverage issues, claim and recovery strategies
• Establishes 24-hour contact and maintain appropriate contact with all involved stakeholders throughout the life of the claim file
• Identifies and addresses recovery/contribution/SIU opportunities
• Sets accurate/timely loss/expense reserves in compliance with Claim Guidelines.
• Drafts correspondence, including but not limited to, coverage letters to stakeholders as required
• Support business partners on an as needed basis on various claim and underwriting related issues and marketing meetings
• Maintains resident/nonresident adjuster licenses as required
• Perform other duties as needed

Requirements

• Juris Doctorate required
• Properly licensed, registered or authorized, and in good standing, to practice law in the jurisdiction in which you will be working
• 3-7 years management liability claim experience, including handling employment liability practices, directors & officers’ liability and fiduciary liability coverages
• Excellent coverage analysis skills with experience in drafting coverage position correspondence
• Experience handling litigated files and direction of defense counsel a plus
• Excellent negotiation skills
• Must be willing to travel, average 1 day a month.
• Claims Licensure as required by respective state(s)
• CPCU and other insurance related studies are beneficial
• Excellent oral and written communication skills
• Ability to organize, multi-task and prioritize work
• Excellent customer service and interpersonal skills
• Ability to analyze data, utilize sound judgment to draw conclusion and make supported decisions
• Applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes

Benefits

• 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
• 7% 401(k) Company Match and additional Profit Sharing
• Hybrid work environment
• Numerous training and development opportunities to assist you in furthering your career
• Healthcare and Wellness Programs
• Opportunity to earn performance-based bonuses
• College Loan Assistance Support Plan
• Educational Assistance Program
• Mentorship Program
• Dress for Your Day Policy