Insurance Defense - General Attorney in Richardson, TX

In-House

Richardson, TX

Insurance Defense - General Attorney in Richardson, TX

Attorney

2-5 yrs required

No

Job Title: Cyber Claim Counsel

Job Responsibilities:
- Follow operational policies to analyze, investigate, and resolve Bond & Specialty Insurance (BSI) claims of varying levels of severity with moderate supervision from claims management.
- Prepare and present reports for management that accurately reflect loss development, potential/actual financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies.
- Retain, monitor, and manage outside counsel actively utilizing litigation management plans and budgets.
- Communicate with underwriting on significant claim exposures.
- Continue to develop the ability to identify all recovery opportunities and coordinate recovery efforts with the Recovery Management Unit and Claim management.
- Travel to and attend mediations, settlement conferences, claim conferences, field office visits, trials, and depositions.
- Refine policy interpretation/coverage analysis skills including drafting coverage opinions with case law included.
- Strengthen the ability to negotiate settlements/resolutions, review releases and settlement agreements, including confidentiality and non-disclosure provisions.
- Support underwriting marketing efforts, including participation in broker and account visits and risk mitigation seminars and authoring customer-focused white papers and articles.
- Monitor marketplace conditions, conduct research, and draft reference materials to inform claim and underwriting colleagues on law impacting the company’s underwriting and claim decisions.
- Obtain and maintain required adjusters’ licenses.
- Perform other duties as assigned.

Education and Experience Information:
- Bachelor’s Degree.
- Juris Doctorate Degree.
- Properly licensed, registered, or authorized, and in good standing, to practice law in the jurisdiction in which you will be working.
- Two years of relevant legal experience.
- Five or more years of relevant legal or claim handling work experience is preferred.
- Demonstrated ability to effectively work through conflict and resolve issues with a professional demeanor.
- Ability to make sound decisions and negotiate terms and conditions within designated authority limit.
- Strong verbal and written communication skills with the ability to clearly articulate coverage determinations.
- Time management skills with the ability to manage multiple priorities with an attention to detail, data, and analytics.
- Ability to build and maintain effective and collaborative relationships with colleagues, customers, and business partners.

Salary Information:
- The annual base salary range for this position is $106, – $175,.
- The actual salary will be determined by factors including the scope, complexity, and location of the role; the skills, education, training, credentials, and experience of the candidate; and other conditions of employment.
- Employees are eligible for performance-based cash incentive awards.

Additional Benefits:
- Health Insurance: Coverage for employees and their eligible family members from the first day of employment.
- Retirement: Matching 401(k) contributions up to 5% of eligible pay, and a Pension Plan funded by the company.
- Paid Time Off: Minimum of 20 days annually, plus nine paid company holidays.
- Wellness Program: Access to professional counseling services, health coaching, and other resources.
- Volunteer Encouragement: Matching Gift and Volunteer Rewards program to support charitable giving and volunteering.

Employment Practices:
- The company is an equal opportunity employer, valuing the unique abilities and talents each individual brings.
- In accordance with local law, candidates in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.
- The company reserves the right to fill this position at a level above or below the level included in this posting.