Description:
An Insurance Company has an immediate opening for a Claims Counsel in our Management Liability Claims Unit that can be located in any of our IAT locations. This role is a true complex claims handling role that is tasked with managing all lines of Management Liability Claims under our Management liability policies.The ideal candidate for this role will have 3-5 years of experience as a claim professional with experience handling Management liability claims including, Employment Practices liability, Directors and Officers Liability, Fiduciary Liability, as well as Crime claims on a national basis.
Please note, IAT works on a hybrid schedule, working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.
Responsibilities:
- 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.
Qualifications:
Must Have:
- Bachelors' degree
- Juris Doctorate
- Properly licensed, registered or authorized, and in good standing, to practice law in the jurisdiction in which you will be working.
- 3-5 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.
- Excellent negotiation skills.
- Must be willing to travel, average 1 day a month.
- Licensure as required by respective state(s).
- Ability to analyze data, utilize sound judgment to draw conclusions and make supported decisions.
- To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.
- CPCU and other insurance related studies are beneficial.