Insurance Defense - General Attorney in Hartford, CT

In-House

Hartford, CT

Insurance Defense - General Attorney in Hartford, CT

Attorney

2-5 yrs required

No

Job Title:
Claim Counsel

Job Responsibilities:
- Analyze, investigate, and resolve Bond & Specialty Insurance (BSI) claims of varying levels of severity with moderate supervision from claims management, following operational policies.
- Prepare and present management reports reflecting loss development, financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies.
- Actively retain, monitor, and manage outside counsel using litigation management plans and budgets.
- Communicate significant claim exposures to underwriting.
- Develop skills to identify all recovery opportunities and coordinate efforts with the Recovery Management Unit and Claim management.
- Attend mediations, settlement conferences, claim conferences, field office visits, trials, and depositions.
- Refine policy interpretation and coverage analysis skills, including drafting coverage opinions with case law.
- Strengthen negotiation skills for settlements/resolutions, review releases and settlement agreements, including confidentiality and non-disclosure provisions.
- Support underwriting marketing efforts by participating in broker and account visits, risk mitigation seminars, and authoring customer-focused white papers and articles.
- Monitor marketplace conditions, conduct research, and draft materials to inform claim and underwriting colleagues on laws impacting underwriting and claim decisions.
- Obtain and maintain required adjusters’ licenses.
- Perform other assigned duties.

Education and Experience:
- Bachelor’s Degree.
- Juris Doctorate Degree.
- Properly licensed, registered, or authorized, and in good standing, to practice law in the jurisdiction of work.
- Two years of relevant legal experience required.
- Ideal candidates have five or more years of relevant legal or claim handling work experience.

Salary Information:
The annual base salary range for this position is $106, - $175,, determined by factors such as the scope, complexity, and location of the role, as well as the skills, education, training, credentials, and experience of the candidate.

Additional Information:
- Health Insurance: Coverage for employees and eligible family members from the first day of employment.
- Retirement: 401(k) contributions matched dollar-for-dollar up to 5% of eligible pay, with options for student loan payment contributions into the 401(k) account. Eligible for a 100% funded Pension Plan.
- Paid Time Off: Minimum of 20 days annually, plus nine paid company holidays.
- Wellness Program: Access to tools, discounts, resources, mental health program, professional counseling services, and health coaching.
- Volunteer Encouragement: Matching Gift and Volunteer Rewards program.

Employment Practices:
Company is an equal opportunity employer, valuing diverse abilities and talents. Candidates in Colorado are not required to disclose educational institution attendance or graduation dates. The company reserves the right to fill the position at a different level than posted.

For further details on benefits, visit the company's careers page.