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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
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. Must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes. #J-18808-Ljbffr Jobtailor

Vacancy posted 2 days ago
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