Jobs · Nebraska

Management Liability Claims Counsel

IAT Insurance Group · Omaha, NE · 1 wk ago
$83k–$150k/yrFull-time

IAT has an immediate need for a Claims Counsel in our Management Liability Claims Unit. This role is a true complex claims handling position tasked with managing all lines of Management Liability Claims under our Management Liability 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

The ideal candidate will have 3-7 years of experience as a claims professional handling Management Liability claims, including Employment Practices Liability, Directors and Officers Liability, Fiduciary Liability, and Crime claims on a national basis. This role operates on a hybrid schedule, requiring in-office work Monday through Wednesday, with the option to work remotely on Thursday and Friday.

Responsibilities

  • Handle Management Liability Claims (EPL, D&O, Fiduciary, and Crime) for Private and Non-Profit businesses based on Claim Guidelines.
  • Thoroughly analyze, investigate, negotiate, and resolve all levels of severity claims within authority limits.
  • Select, direct, and manage defense counsel, including approval of budgets.
  • Develop litigation and 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 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, multitask, and prioritize work.
  • Strong customer service and interpersonal skills.
  • Ability to analyze data, exercise sound judgment, and make supported decisions.
  • Must be authorized to work in the United States without current or future VISA sponsorship.

Benefits

  • 38 paid days off (26 PTO days + 12 company holidays).
  • 7% 401(k) company match and additional profit-sharing.
  • Hybrid work environment.
  • Numerous training and development opportunities.
  • Healthcare and wellness programs.
  • Performance-based bonus opportunities.
  • 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 base salary, performance-based bonuses, 401(k) match, and profit-sharing opportunities. Actual salaries vary based on candidate qualifications, skills, competencies, and geographical location.

Schedule

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

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