Management Liability Claims Counsel

Responsibilities

• Handles Management Liability Claims (EPL, D&O, Fiduciary and Crime) for Private and Non-Profit businesses based on Claim Guidelines
• Thoroughly analyzes, investigates, negotiates and resolves all levels of severity claims
• Selects, directs and manages defense counsel including approval of budgets
• Develops litigation/file disposition strategy. Attends mediations, settlement conferences and trials
• Verifies/analyzes applicable coverage for the reported claims
• Follows operational policies and procedures, including compliance, regulatory and performance and customer service standards
• Prepares reports, including Large Loss Reports, to management which accurately reflects loss development, potential/actual financial exposure, coverage issues, claim and recovery strategies
• Establishes 24-hour contact and maintains appropriate contact with all involved stakeholders throughout the life of the claim file
• Identifies and addresses recovery/contribution/SIU opportunities
• Sets accurate/timely loss/expense reserves in compliance with Claim Guidelines
• Drafts correspondence, including but not limited to, coverage letters to stakeholders as required
• Supports business partners on an as needed basis on various claim and underwriting related issues and marketing meetings
• Maintains resident/nonresident adjuster licenses as required
• Performs other duties as needed

Qualifications

• 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 management liability claim experience, including handling employment liability practices, 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, average 1 day a month
• Claims Licensure as required by respective state(s)
• CPCU and other insurance related studies are beneficial
• Excellent oral and written communication skills
• Able to organize, multi-task and prioritize work
• Excellent customer service and interpersonal skills
• Able to analyze data, utilize sound judgment to draw conclusion and make supported decisions