Management Liability Claims Counsel

This role is a true complex claims handling position tasked with managing all lines of Management Liability Claims under our Management Liability policies. The ideal candidate will have 3-7 years of experience as a claim professional with experience handling Management Liability claims, including Employment Practices Liability, Directors and Officers Liability, Fiduciary Liability, and Crime claims on a national basis. This role works a hybrid schedule that requires working from the office Monday through Wednesday, with the option of working Thursday and Friday remotely. 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.

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/analyze applicable coverage for reported claims.
• Follow operational policies and procedures, including compliance, regulatory, performance, and customer service standards.
• Prepare reports, including Large Loss Reports, to management reflecting loss development, potential/actual financial exposure, coverage issues, claim and recovery strategies.
• Establish 24-hour contact and maintain appropriate contact with all involved stakeholders throughout the life of the claim file.
• Identify and address recovery/contribution/SIU opportunities.
• Set accurate/timely loss/expense reserves in compliance with Claim Guidelines.
• Draft correspondence, including coverage letters to stakeholders as required.
• Support business partners on an as-needed basis on various 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 in which 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 in drafting coverage position correspondence.
• Experience handling litigated files and direction of defense counsel (a plus).
• Excellent negotiation skills.
• Willingness to travel, averaging 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 to draw conclusions, and make supported decisions.
• Must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes.

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 to assist in furthering your career.
• 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.

Pay

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

Schedule

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