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Min 10 yrs required
Jun 09, 2022
Sep 22, 2022
May 20, 2022
Products Liability Claim Manager/Counsel
The candidate will manage the PL Claims department, which is charged to represent the interests of the parent company in connection with the handling of PL claims in the US and Canada. Manage direct reports, who are involved in the investigation of product liability claims, regarding products manufactured by the company’s insureds. Assist in the retention of outside investigators, experts & defense counsel, and ensure that proper internal procedures are followed. Provide advice and guidance to members of the staff with regard to claims and litigation strategies. In instances where you are called upon to directly manage claims on an account, will provide the same level of care expected of the staff. When necessary, attend meetings with the insured and defense counsel, legal-engineering conferences, court conferences, trials, and other litigation events, develop appropriate settlement strategies and conduct settlement negotiations and attend settlement conferences and mediations. Ensure direct reports are timely and accurately sending written reports to the International Claims Department at the company regarding claim developments and status, defense and settlement strategy, and reserve advice, and provide the same level of service if you are directly handling the claim and/or an account. Ensure direct reports are properly confirming insurance coverage for claims and provide advice to the International Claims Department regarding coverage issues. Ensure direct reports are communicating regularly with the company’s insureds in the U.S. and Internationally regarding claim handling, and maintain good working relationships with their insureds. Periodic travel to Japan to meet with the International Claims Department and insureds, and to participate in international video conferences, as needed. Attend various seminars and webinars on the topics of claim handling, regulatory, coverage, and industry affairs. Work on special projects as needed. Should have a Bachelor's degree (B. A.) from a four-year college or university, and a Law degree. Should have 10+ years of related Insurance Litigation experience. Products liability and long-term exposure experience are required. Variety of State licenses is preferred.
Requisition ID: 1077
Hiring CoordinatorMitsui Sumitomo Insurance Group15 Independence Blvd.Warren, NJ 07059Fax: 908-604-2103
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