Job Details

Financial and Professional Lines Claim Manger

Company name

Organization Type

In-House

Job Type

Attorney

Years of Experience

5-10 yrs required

Location

New York City, NY

Date Last Verified

Aug 12,2017

Posted on

May 04,2017
Practice Area
Insurance Coverage >> Insurance Coverage
Finance >> Finance - Banking
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Financial and Professional Lines Claim Manger The candidate will be responsible for the active management of D&O claims within the Financial and Professional Lines Claims Group. Will evaluate coverage, draft coverage correspondence, undertake claims investigations, manage defense counsel and legal spend, assess liability and financial exposure, and effectively negotiate cost effective, good faith claims resolutions. Must have Bachelor’s degree and Juris Doctor. Should have 5-10 years of experience in the insurance /legal profession dealing specifically with Financial and/or Professional Lines claims. In-depth understanding of policy language/coverage is required. Experience managing, evaluation, mediating and negotiating EPLI and/or professional liability claims. In-depth knowledge of the U.S. legal system, civil litigation, and ADR proceedings is needed. Comprehensive understanding and knowledge of federal and state laws applicable to various claims presented under Financial and Professional Lines policies is must. Prior experience handling complex D&O claims, including securities class actions, shareholder derivative litigation and merger objection suits, is preferred.

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