Job Title:
EPL & D&O Liability Claim Counsel
Job Responsibilities:
The EPL & D&O Liability Claim Counsel at the company is responsible for a variety of duties aimed at optimizing claim results while providing superior customer service. Key responsibilities include:
- Analyzing, investigating, and resolving Bond & Specialty Insurance (BSI) claims of varying levels of severity, following operational policies, with moderate supervision from claims management.
- Preparing and presenting reports for management that accurately reflect loss development, potential/actual financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies.
- Actively managing outside counsel by retaining, monitoring, and utilizing litigation management plans and budgets.
- Communicating with underwriting on significant claim exposures.
- Developing the ability to identify all recovery opportunities and coordinating recovery efforts with the Recovery Management Unit and Claim management.
- Traveling to and attending mediations, settlement conferences, claim conferences, field office visits, trials, and depositions.
- Refining policy interpretation/coverage analysis skills, including drafting coverage opinions with case law included.
- Strengthening negotiation skills for settlements/resolutions, reviewing releases and settlement agreements, including confidentiality and non-disclosure provisions.
- Supporting underwriting marketing efforts, including participation in broker and account visits, risk mitigation seminars, and authoring customer-focused white papers and articles.
- Monitoring marketplace conditions, conducting research, and drafting reference materials to inform claim and underwriting colleagues on law impacting the company’s underwriting and claim decisions.
- Obtaining and maintaining required adjusters’ licenses.
- Performing other duties as assigned.
Education and Experience Information:
The ideal candidate for this position should have:
- A Bachelor’s Degree.
- A Juris Doctorate Degree.
- Proper licensing, registration, or authorization, and must be in good standing to practice law in the jurisdiction in which they will be working.
- A minimum of 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 limits.
- 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 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 between $106, and $175,. The actual salary will be determined by several 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 also eligible for performance-based cash incentive awards as part of the comprehensive compensation and benefits program.
Additional Benefits:
The company offers a comprehensive benefits package that includes:
- Health Insurance: Coverage 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. The company also offers a Pension Plan that is 100% funded by the company and a program to help with student loan debt.
- Paid Time Off: A minimum of 20 days of Paid Time Off annually, plus nine paid company holidays.
- Wellness Program: Includes tools, discounts, and resources to help employees achieve wellness goals and caregiving needs, as well as access to free professional counseling services, health coaching, and other resources.
- Volunteer Encouragement: The company has a Matching Gift and Volunteer Rewards program to encourage employees to give back to the community.
Employment Practices:
The company is an equal opportunity employer and values the unique abilities and talents each individual brings to the organization. The company recognizes the benefits of diversity and is committed to providing an inclusive environment for all employees. 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.
