Management Liability Claims Counsel

IAT has an immediate need for a Claims Counsel in our Management Liability Claims Unit. This role is a true complex claims handling position that manages all lines of Management Liability Claims under our policies. While we prefer candidates to work from one of our IAT office locations, we are open to considering fully remote arrangements for the ideal candidate.

About the role

This position handles Management Liability Claims (EPL, D&O, Fiduciary, and Crime) for Private and Non-Profit businesses. The role works a hybrid schedule: Monday through Wednesday in the office, with the option to work remotely Thursday and Friday.

Responsibilities

• Handle 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.
• Select, direct, and manage defense counsel, including approval of budgets.
• Develop litigation/file disposition strategy; attend mediations, settlement conferences, and trials.
• Verify and analyze applicable coverage for reported claims.
• Follow operational policies and procedures, including compliance, regulatory, performance, and customer service standards.
• Prepare reports (e.g., Large Loss Reports) for management reflecting loss development, financial exposure, coverage issues, claim strategies, and recovery strategies.
• Establish and maintain 24-hour contact with all involved stakeholders throughout the life of the claim file.
• Identify and address recovery, contribution, and SIU opportunities.
• Set accurate and timely loss/expense reserves in compliance with Claim Guidelines.
• Draft correspondence, including coverage letters to stakeholders as required.
• Support business partners on claim and underwriting-related issues and marketing meetings.
• Maintain 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 where you will be working.
• 3–7 years of management liability claim experience, including handling employment practices liability, directors & officers’ liability, and fiduciary liability coverages.
• Excellent coverage analysis skills with experience drafting coverage position correspondence.
• Experience handling litigated files and directing defense counsel (a plus).
• Excellent negotiation skills.
• Willingness to travel (average 1 day per 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, draw conclusions, and make supported decisions.
• Authorized to work in the United States without current or future VISA sponsorship.

Pay

The annual gross salary range for this role is $82,960 – $150,000. Total compensation includes base salary, performance-based bonus opportunities, 401(k) match, and profit-sharing opportunities. Actual salaries vary based on candidate qualifications, skills, competencies, and geographical location.

Benefits

• 26 PTO days (entry level) + 12 company holidays = 38 paid days off.
• 7% 401(k) company match and additional profit sharing.
• Hybrid work environment.
• Numerous training and development opportunities.
• Healthcare and wellness programs.
• Performance-based bonuses.
• College Loan Assistance Support Plan.
• Educational Assistance Program.
• Mentorship Program.
• Dress for Your Day Policy.

Schedule

Hybrid schedule: Monday through Wednesday in the office, with the option to work remotely Thursday and Friday.