AVP, Claims & Regulatory Counsel

About the role

IAT Insurance Group is seeking an AVP, Claims & Regulatory Counsel to manage a team of in-house attorneys and support the Claims Legal Department in handling first-party and third-party claims and litigation. The role oversees nationwide extra-contractual litigation and ensures compliance with federal, state, and local regulations.

Responsibilities

• Dedicated legal advisor and leader managing a team of in-house attorneys tasked with overseeing litigation against the Company.
• Provide legal guidance, coverage opinions, and strategic recommendations to first- and third-party Claims and Underwriting business units.
• Manage a team of attorneys to develop litigation strategies in defense of the Company and drive favorable outcomes in nationwide extra-contractual lawsuits.
• Collaborate with other members of the Legal Department, internal business leaders, and insurance professionals to tackle complex legal and coverage questions.
• Monitor and ensure Company compliance with federal, state, and local regulations.
• Develop and deliver training programs to educate employees on compliance-related topics and promote a culture of compliance within the Company.
• Interface with internal and external stakeholders to respond to Department of Insurance and other regulatory audits and requests for information.
• Prepare and present reports to senior management.
• Assist Claims and other business units in their handling of claims and litigation in compliance with Claims Best Practices.
• Perform other legal and litigation duties as assigned.

Qualifications

• Juris Doctor from an accredited law school required.
• At least 10 years of relevant legal experience focused on Coverage and Extra-Contractual Litigation.
• Extensive experience serving as lead counsel defending insurers, managing litigation dockets, and advising on complex claim disputes and coverage issues with sole or primary responsibility for outcomes and results.
• Experience handling coverage disputes involving first-party property and/or third-party liability claims with an exposure of $500,000 or more including both primary and excess losses.
• Strong understanding of regulatory requirements and compliance standards in the insurance industry.
• Experience working in-house with an insurance company a plus.
• State Bar License that is in good standing.
• Excellent oral and written communication skills.
• Excellent customer service and interpersonal skills.
• Advanced critical thinking and problem-solving skills.
• Ability to set priorities and multitask in a fast-paced environment.
• Ability to travel if required.

Benefits

IAT Insurance Group offers comprehensive benefits including 26 paid days off (entry level), 12 company holidays, 7% 401(k) company match and additional profit sharing, a hybrid work environment, numerous training and development opportunities, 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, and more. We are an equal opportunity employer and maintain a drug-free workplace. We participate in E-Verify.

Pay

The annual gross salary range for this position is $112,820 – $245,610. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role.

Schedule

The role works a hybrid schedule from an IAT Office in Raleigh, North Carolina, Alpharetta, Georgia, or Naperville, Illinois. The hybrid schedule requires working from the office with colleagues and other disciplines Monday through Wednesday, with the option of working Thursday and Friday remotely.