Director, Claim/Coverage Counsel

RLI Insurance•Chicago, IL

12d

About The Position

We’re not like other insurance companies. From our specialty products to our business model, our culture to our results — we’re different. Different is who we are, and how we work, interact, deliver and succeed together. Creating a different and better insurance experience doesn’t just happen. It takes focus and a shared passion for going beyond the expected to forge relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners when they need us, in unexpected ways, with exceptional results. Apply today to make a difference with us. RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar — a testament to our culture and validation of our reputation as an excellent underwriting company.

Requirements

J.D. required.
A minimum of 8 years of experience practicing law at a law firm or insurance company, preferably both.
Experience providing legal advice and handling coverage and bad faith litigation arising under insurance policies for varied insurance products, like first party commercial property, professional liability, and executive products (D&O, EPL, fiduciary, etc.), and surety bonds.
Experience with claims made and reported policies preferred.
Experience with multiple product lines preferred.
Experience providing coverage advice and managing coverage and bad faith litigation arising under insurance policies for varied insurance products, including first party commercial property, surety, professional liability, and executive products (D&O, EPL, fiduciary, etc.), and surety bonds.
Experience analyzing coverage and defending alleged bad faith claims under insurance policies over multiple product lines noted above.
Experience providing coverage advice and handling coverage and bad faith litigation across multiple US jurisdictions strongly preferred.
Experience with insurance policy drafting preferred.
Ability to use analytical methods in complex claim processes to find workable solutions.
Ability to generate innovative solutions within the Claim Counsel department.
Ability to communicate findings and recommendations effectively to management on Claim Counsel department matters.
Ability to communicate effectively on claim counsel matters.
Ability to collaborate with and develop others to facilitate increased performance.
Ability to apply a strategic perspective to improve claim outcomes

Responsibilities

Manage coverage and bad faith litigation by and against the Company countrywide by providing competent legal advice and counsel on claim related matters.
Manage outside coverage counsel in coverage and bad faith litigation, including review all company filings and discovery responses.
Achieve optimal results by resolving claim-related coverage litigation fairly, expeditiously, and economically.
Consult with and provide legal advice to the Claim Department on coverage issues, including reviewing coverage letters or other documentation.
Research, analyze, and evaluate external coverage and bad faith decisions and legislation across multiple US jurisdictions.
Provide training and legal advice to Claim Department, including on coverage issues, file documentation, litigation management, excess vs. primary disputes, catastrophe claims, and claim handling issues.
Provide legal advice and consultation on policy language and product development.
Provide legal advice to Claim Department on other issues and disputes that arise from coverage and claim handling.
Provide legal advice on special projects, initiatives, and other duties as needed.

Benefits

Annual bonus plans
Employee stock ownership plan (ESOP)
401(k) — automatic 3% company contribution
Annual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)
Paid time off (PTO) and holidays
Paid volunteer time off (VTO) to support our communities
Parental and family care leave
Flexible & hybrid work arrangements
Fitness center discounts and free virtual fitness platform
Employee assistance program
Comprehensive medical, dental and vision benefits
Flexible spending and health savings accounts
2x base salary for group life and AD&D insurance
Voluntary life, critical illness, & accident insurance for purchase
Short-term and long-term disability benefits
Training & certification opportunities
Tuition reimbursement
Education bonuses