Associate Claims Attorney/Claims Attorney-Executive Liability Division

Great American Insurance Group•Chicago, IL

3d•$90,000 - $115,000•Hybrid

About The Position

Great American Insurance Group is seeking an Associate Claims Attorney or Claims Attorney, depending on background and experience, for its Executive Liability Division. This role will be based in Schaumburg, IL or Chicago, IL. The Executive Liability Division underwrites Directors’ and Officers’ Liability Insurance, Employment Practices Liability Insurance, and Fiduciary Liability Insurance for various types of companies. This is a hybrid role, requiring 3 days in the office and 2 days remote, emphasizing collaboration and relationship building. The company fosters a culture of connection, shared learning, and strong relationships, with a commitment to diversity and inclusion.

Requirements

JD (Juris Doctorate) and current attorney license required.
Generally, 2 to 6 years of related experience.
Detail oriented, organized and possess strong analytical skills.

Nice To Haves

Experience in the areas of litigation, insurance coverage, employment practices, or claims adjusting would be a plus.

Responsibilities

Performs detailed analysis of each claim.
Evaluates coverage and liability, issues written coverage opinions and monitors all aspects of the file while working toward resolution of the claim; including hiring, monitoring and paying defense counsel.
Develops and implements claim litigation and resolution strategies.
Provides information to underwriters and reinsurers on specific claims or insureds and legal trends and issues which affect the business.
Secures and analyzes necessary information (i.e., reports, policies, appraisals, releases, statements, records, or other documents) in the investigation of claims.
Attends arbitrations or mediations as necessary.
May affect settlements / reserves within prescribed limits and submit recommendations where applicable.
Ensures that claims payments are issued in a timely and accurate manner.
Ensures that claims handling is conducted in compliance with applicable statutes, regulations, and other legal requirements, and that all applicable company procedures and policies are followed.
May provide technical advice to other functional areas.
Other duties as assigned.