Job Details

Finance General Attorney Litigation Insurance Attorney in New York City NY

Organization Type

In-House

Job Type

Attorney

Date Last Verified

Aug 21,2018

Posted on

Jun 28,2018

Years of Experience

Min 7 yrs required

Location

New York City, NY
Practice Area
Finance >> Finance - General
Litigation >> Litigation - Insurance
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Senior Claim Counsel - Financial Institutions
The candidate handles complex, high severity professional liability claims requiring legal analysis of complicated liability, damages and coverage issues. Drafts coverage letters, memos and reports. Represents firm in settlement negotiations with independent authority to commit firm. Interacts with multiple parties (e.g., insureds, brokers, claimants), frequently via their counsel. Directs and manages coverage counsel and coverage litigation against firm. Partners with underwriters to effectively respond to policy wording requests and other policy or claim related inquiries from brokers and customers. Works directly with brokers and customers to address similar issues. Meets with brokers and existing or prospective clients as part of business marketing, growth and retention strategies. Works with senior claim and underwriting leadership to develop and analyze new products and to identify, evaluate and track claim trends and issues. Provides technical guidance and oversight to junior staff members. Develops and presents training seminars on key legal and industry issues/trends for the Open Brokerage organization (claims, underwriters and actuaries). Represents firm on panels at industry conferences. Bachelor's degree with JD, and admission to the bar of at least one state is needed. Should have 7+ years of claims and/or legal experience with a proven track record of results. Senior level advanced knowledge of the theories, principles, practices and procedures of litigation management within an insurance organization is needed. Excellent verbal and written communication, negotiation and presentation skills are needed. Excellent analytical and problem solving skills, and senior level skill in managing ambiguous situations and issues is needed. Knowledge of Microsoft Office Suite and other business-related software is needed.

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