Financial Lines Claims Counsel

MSIG USA continues to grow!

Company Overview:

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

Summary :

As the Financial Lines portfolio continues to grow, the Financial Lines Claims Counsel will play a meaningful role in the development of the Financial Lines Claims organization. This position manages high-exposure and complex Financial Lines claims and brings deep expertise in Financial Lines coverage and claims handling. The role focuses primarily on Directors & Officers (D&O), Financial Institutions Professional Liability (E&O), Employment Practices Liability (EPL), Fiduciary, and Fidelity claims, including complex litigation, class actions, securities matters, and high-severity financial loss exposures. The position offers significant autonomy, visibility, and the ability to influence claim outcomes and the continued expansion of the business.

Essential Functions :

• Manage a diverse portfolio of complex Financial Lines claims from initial notice through resolution.
• Analyze coverage, liability, damages, and exposure issues, establish appropriate reserves, and provide accurate claim assessments involving D&O, Financial Institutions E&O, EPL, Fiduciary, and Fidelity policies.
• Draft coverage position letters, reservation of rights letters, and other claim-related communications.
• Evaluate and manage high-severity matters, including securities litigation, class actions, regulatory investigations, and complex commercial disputes.
• Develop and execute strategic claim resolution plans, including settlement negotiations within delegated authority and escalation of matters requiring higher-level approval.
• Coordinate with outside counsel on litigation strategy while controlling legal spend.
• Collaborate with underwriting, actuarial, legal, and senior leadership on emerging risks, claim trends, and portfolio performance.
• Build and maintain strong relationships with insureds, brokers, defense counsel, and business partners.
• Prepare claim summaries, authority requests, and management reports while maintaining accurate claim documentation and file records in accordance with company and regulatory requirements.
• Contribute to the continued growth and development of the Financial Lines claims operation.

Education and Experience :

• Juris Doctor (JD) from an accredited law school.
• Active bar admission in at least one U.S. jurisdiction and in good standing.
• 7+ years of experience handling Financial Lines claims, coverage litigation, or complex commercial litigation.
• Strong knowledge of D&O, Financial Institutions E&O, EPL, Fiduciary, and Fidelity coverages.
• Experience evaluating complex coverage issues and large-loss exposures.

Other qualifications and skills :

• Carrier or broker-side Financial Lines claims experience preferred.
• Experience handling claims involving financial institutions, private equity firms, investment managers, or other complex financial organizations preferred.
• Background managing securities claims, class actions, regulatory matters, and high-exposure commercial disputes preferred.
• Experience working with primary policies preferred.
• Professional liability and financial institution claim expertise preferred.
• Excellent written and verbal communication skills.
• Ability to independently manage a sophisticated caseload and make sound claim decisions.
• Strong negotiation, analytical, and problem-solving skills.

SALARY: The estimated salary range for this position is $150,000.00 - $200,000.00 per year. This is a good-faith assessment of the salary range for this position only. In determining the actual salary within this range, MSIG USA will consider a candidate’s relevant experience, location, and other job-related factors.

Additional Benefits:
Healthcare and Retirement Benefits

Comprehensive medical, dental, and vision coverage

401(k) with a generous employer match and profit-sharing contribution

Wellness incentive program

Life and accidental death and dismemberment (AD&D) insurance

Flexible spending programs

Short-term and long-term disability plans

Additional Benefit Programs
Paid time off program

Paid charitable leave

Paid parental leave

Tuition reimbursement program

Personal insurance (auto/homeowners) discounts

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!

It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.