Insurance Attorney Jobs The equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium is called insurance. Insurance can be considered as a guarantee of a small loss to prevent a large, possibly devastating large loss. Insurance attorneys work to represent clients paying premiums to insurance companies to get financial protection against certain types of losses as well as the insurance companies. Handling cases involving coverage, claims, and contracts related to health insurance, homeowners insurance, and automobile insurance also forms an important part of their duties. They also advise the management of an insurance company on the legality of insurance transactions.
Continuously study court decisions and recommend changes in the wording of insurance policies in conformation with the law or to protect the company from unwarranted claims. Advice claims department personnel of legality of claims filed on company to ensure against undue payments. An insurance attorney like other attorney should be a graduate from a full course of study in a School of Law accredited by the American Bar Association and be an active member in good standing of the Bar of the particular state or a territory of the United States. They may specialize in one phase of legal work, such as claims or contracts.
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BCG JOB OF THE DAY
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Location: Illinois - Chicago
Description:
Chicago office seeks a health associate with 2-5 years of experience in representing hospital systems, private equity companies, and other health industry clients in corporate transactions, including mergers and acquisitions, joint ventures, affiliations and corporate restructurings. Should have strong healthcare regulatory experience, including exposure to fraud and abuse, antitrust, clinical research, and/or tax exemption concerns for nonprofit organizations, would be a plus. Should be an acti...
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