Claims Counsel, Financial Lines & Cyber

About the role

The Claims Attorney will handle complex matters, including high severity claims and class actions, for Financial Lines and Cyber products with an emphasis on D&O, E&O, Fiduciary, Employment Practices Liability, and Fidelity policies. The team also handles other Specialty Lines such as Cyber, Political Risk & Trade Credit, Transactional and Tax claims.

Responsibilities

• Proactively manage claims throughout their lifecycle from initial notification through final disposition.
• Conduct timely and thorough investigations and analyses to determine coverage, liability and damages.
• Work closely with insureds, brokers, legal counsel, vendors, and other stakeholders throughout the claims process.
• Collaborate on claim resolution strategies.
• Negotiate direct and mediated settlements within designated authority limits.
• Prepare claim summaries and reports and make presentations.
• Provide feedback on claims and trends to underwriting and stakeholders.
• Maintain accurate and up-to-date claim files and diary system.

Qualifications

• Bachelor’s and Juris Doctorate degrees required.
• Minimum of 7 years of experience handling insurance coverage litigation, Financial Lines or Cyber insurance claims, commercial litigation or other related experience.
• Excellent communication and interpersonal skills to deliver exceptional customer service and build and maintain customer relationships.
• Strong negotiation skills.
• Detail-oriented with an ability to independently manage a caseload and prioritize tasks and deadlines.
• Proficiency in Microsoft Office Suite (Outlook, Excel, Word, PowerPoint).
• Ability to travel as needed.

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

Pay

The estimated salary range for this position is $110,000.00 - $230,000.00 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.

Schedule

The role can be located in one of the following office locations: NYC, Atlanta, Chicago, Cincinnati, Dallas, Los Angeles, or Warren NJ. It operates on a hybrid work environment (4 days in office).