Management Liability Claims Counsel
Jobtailor
- 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
Vacancy posted 2 days ago
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