Professional Liability Defense Attorney in Richardson, TX

In-House

Richardson, TX

Professional Liability Defense Attorney in Richardson, TX

Attorney

No

Job Title: Associate Claim Counsel – Design Professional Liability

Job Responsibilities:
- Analyze, investigate, and resolve Bond & Specialty Insurance (BSI) claims with varying levels of severity, following operational policies and under the active supervision of claims management.
- Prepare and present management reports that reflect loss development, potential/actual financial exposure, reserve adjustments, coverage issues, and strategies for claims and recovery.
- Retain, monitor, and manage outside counsel using litigation management plans and budgets.
- Communicate significant claim exposures with underwriting.
- Travel to and attend mediations, settlement conferences, claim conferences, field office visits, trials, and depositions.
- Identify all recovery opportunities and coordinate efforts with the Recovery Management Unit and Claim management.
- Refine policy interpretation and coverage analysis skills, including drafting coverage opinions with case law.
- Develop skills in negotiating settlements and resolutions, reviewing releases and settlement agreements, including confidentiality and non-disclosure provisions.
- Support underwriting marketing efforts through participation in broker and account visits, risk mitigation seminars, webinars, and authoring customer-focused white papers and articles.
- Review insured contracts for coverage issues in support of underwriting marketing efforts.
- Monitor marketplace conditions, conduct research, and draft reference materials to inform claim and underwriting colleagues about law impacting underwriting and claim decisions.
- Obtain and maintain required adjusters’ licenses.
- Perform other duties as assigned.

Education and Experience Information:
- One to five years of relevant legal or claim handling work experience.
- Bachelor’s Degree required.
- Juris Doctorate Degree required.
- Must be properly licensed, registered, or authorized, and in good standing, to practice law in the jurisdiction in which the candidate will be working.

Salary Information:
- The annual base salary range for this position is $87, to $144,. The actual salary will be determined by various factors, including the role's scope, complexity, location, the candidate's skills, education, training, credentials, experience, and other conditions of employment.

Additional Benefits:
- Health Insurance: Coverage available from the first day of employment for employees and eligible family members, including spouses, domestic partners, and children.
- Retirement: 401(k) contributions matched dollar-for-dollar up to the first 5% of eligible pay, subject to an annual maximum. The Paying it Forward Savings Program is available for student loan debt, with annual contributions to the 401(k) account. A Pension Plan is also available, funded 100% by the company.
- Paid Time Off: A minimum of 20 days of Paid Time Off annually, plus nine paid company holidays.
- Wellness Program: Offers tools, discounts, resources, and access to free professional counseling services, health coaching, and other resources.
- Volunteer Encouragement: Matching Gift and Volunteer Rewards program to support charitable giving and involvement.

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