Description:
Job Description:We are seeking a Sr. Claims Counsel, EPL to join our Insurance Claims Team. This role will support the US Employment Practices Liability Claims (“EPL”) team.
This position handles Employment Practices Liability claims involving Commercial Management Liability and Financial Institutions Insureds and provides legal review and policy drafting support to Underwriting. The successful candidate will be able to provide insight and analysis on complex high profile/high exposure US EPL claims.
Duties and Responsibilities:
- Handle US EPL claims and related systems and processes
- Evaluate exposures and make substantive claim decisions for US EPL claims and as needed on other lines of business
- Proven ability to provide coverage, liability, and damages analysis for Employment Practices Liability (EPL) and Fiduciary Liability claims, and a general knowledge of director and officer (D&O) liability claims
- Ability to proactively identify trends and exposures that may affect the CML or FI portfolio
- Support underwriting with legal review and policy drafting
- Ensure timely and accurate reporting of exposure to underwriting and management
- Ensure appropriate narrative and arithmetic reports are timely prepared and distributed
- As part of the Global Claims Team you will be expected to contribute to the success of the team by working closely with your colleagues worldwide on various projects as directed by the management and other members of Executive Team. This may include attending various industry conferences, possibly as a speaker/presenter, publishing on current claim trends and issues and assisting other offices on complex claims
- You will be asked to communicate with and support underwriting and other functional groups within the organization
- Other duties as required by management
- Some travel as required
Minimum Qualifications:
- Law degree required
- Minimum of 5-10 years' experience required in primarily EPL claims handling or related litigation with a career history of increasing responsibility
- Preference will be given if experience was at both a law firm and with an insurance carrier
- Strong preference for candidate who has pursued or is in the process of pursuing an insurance related designation e.g. RPLU or CPCU
- Exposure to or direct handling of complex high profile/high exposure management liability claims with an emphasis on evaluating, handling, negotiating and settling complex matters with exposures in excess of $10M
- Meaningful legal review experience and policy drafting experience
- Demonstrated ability to establish close working relationship with other departments including underwriting & actuarial
- Strong negotiating, analytical, written and organizational skills
- Excellent marketing and communication skills
- Strong computer skills (MS Word, Excel, Outlook and various in-house claims systems –Guidewire, Genius, ImageRight is a plus)