Claims Attorney in St. Louis, MO

Position Overview

The Claims Attorney will interpret policy language, assess coverage issues, and provide legal guidance to upper management. The Claims Attorney will negotiate settlements, develop and advise on claim strategies, and oversee outside counsel.

Key Responsibilities

• Initially determine insurance coverage issues and advise claims committee of coverage decision.
• Investigate new claims.
• Develop claim resolution strategies, including negotiation of claims.
• Assign defense counsel to claims, including negotiation of claims.
• Review and pay defense counsel fees and expenses.
• Prepare reports and supervise defense counsel throughout course of litigation.
• Travel and attend mediations, settlement conferences, hearings, trials, and depositions as needed.
• Review, estimate, recommend and set case reserves in assigned claims files to cover probable expense and indemnity payments.
• Provide risk management advice to insureds.

Education & Information

• Write articles for bar-related publications.
• Discuss legal issues with claims department members to identify claim solutions.
• Keep Claims Vice President informed of all significant developments on assigned claims, particularly those claims with high exposure or with coverage issues.
• Continue self-education in all areas of law in which TBP has claims.
• Prepare reports to Claims Committee and reinsurers and other reports as needed.
• Make referrals of insureds to risk management, Missouri Bar, etc.
• Work towards company goals (file count, expense control, etc.).
• Assist Risk Management in presentations when necessary.

Skill Requirements

• Strong legal knowledge and experience in insurance law.
• Excellent communication and interpersonal skills.
• Ability to manage multiple tasks and prioritize effectively.
• Experience with legal research and analysis.
• Proficiency in Microsoft Office Suite.

Qualifications

• J.D. degree from an accredited law school.
• Admitted to practice law in Missouri and/or Illinois.
• At least 5 years of relevant legal experience, preferably in insurance law.
• Experience working with insurance companies and claims departments.
• Strong analytical and problem-solving skills.

Pay

$100,000 - $110,000 per year