Insurance Defense - General Attorney in New York City, NY

In-House

New York City, NY

Insurance Defense - General Attorney in New York City, NY

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 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 by actively utilizing litigation management plans and budgets.
- Communicate with underwriting on significant claim exposures.
- 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.
- Enhance negotiation skills for settlements/resolutions, review releases and settlement agreements, including confidentiality and non-disclosure provisions.
- Support underwriting marketing efforts, including participation in broker and account visits, 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 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 is required.
- Ideal candidates will 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,. This range reflects a broad range of salaries for this role across the country, and the actual salary will be determined by various factors, including the role’s scope, complexity, location, and the candidate's skills, education, training, credentials, and experience.

Additional Information:
- Health Insurance: Coverage is available for employees and their eligible family members, including spouses, domestic partners, and children, from the first day of employment.
- Retirement: The company matches 401(k) contributions dollar-for-dollar up to the first 5% of eligible pay, subject to an annual maximum. There is also a Pension Plan fully funded by the company.
- Paid Time Off: Employees start with a minimum of 20 days of Paid Time Off annually, plus nine paid company holidays.
- Wellness Program: The wellness program includes tools, discounts, and resources for wellness goals and caregiving needs. It also provides access to free professional counseling services and health coaching.
- Volunteer Encouragement: The company encourages community involvement with a Matching Gift and Volunteer Rewards program.

Employment Practices:
- The company is an equal opportunity employer and values the unique abilities and talents each individual brings to the organization. The company benefits from the differences among individuals.
- 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.