Job Title: Senior Claims Counsel - Financial Institutions/Public D&O
Job Responsibilities:
- Handle complex, high-severity financial lines claims, requiring legal analysis of complicated liability, damages, and coverage issues.
- Draft coverage letters, memos, and reports.
- Represent company in settlement negotiations with independent authority to commit the company.
- Interact with multiple parties, including insureds, brokers, counsel, claimants, and mediators.
- Direct and manage coverage counsel and coverage litigation against the company.
- Partner with underwriters, product counsel, and actuary to effectively respond to policy wording and/or claim-related inquiries.
- Collaborate directly with brokers and customers to address similar issues.
- Meet with brokers and existing or prospective clients as part of business marketing, growth, and retention strategies.
- Work with senior claim, underwriting, and product leadership to develop and analyze new products and identify, evaluate, and track claim trends and issues.
- Provide technical guidance to and oversight of junior staff members.
- Develop and present training on key legal and industry issues/trends for the financial lines team (claims, underwriting, product, and actuary).
- Represent the company on panels at industry conferences.
- May perform additional duties as assigned.
Education and Experience:
- A Bachelor's degree with a JD, and admission to the bar of at least one state.
- Typically a minimum of twelve years of claims and/or legal experience with a proven track record of exceptional claim results.
Skills, Knowledge & Abilities:
- Senior-level advanced knowledge of the theories, principles, practices, and procedures of litigation management.
- The highest level of technical and product-specific expertise, claims resolution skill, and knowledge of insurance and claims principles, practices, and procedures.
- Excellent interpersonal skills, verbal and written communication, and negotiation and presentation skills.
- Ability to exercise independent judgment and to work with and maintain confidential and sensitive information.
- Excellent analytical and problem-solving skills, and senior-level skill in managing ambiguous situations and issues.
- Proven ability to take a proactive long-term view of business goals and objectives to achieve strategic business results.
- Knowledge of Microsoft Office Suite and other business-related software.
Salary Information:
The text does not provide specific salary information for the Senior Claims Counsel position.
