Financial Lines Claims Counsel

MSIG USA•Atlanta, GA

4d•$110,000 - $230,000•Hybrid

About The Position

MSIG USA continues to grow! Company Overview: MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks. We are seeking an experienced and detail-oriented Financial Lines Claims Counsel to join our Financial Lines Claims and Cyber team. The Claims Attorney will be responsible for handling complex matters, including high severity claims and class actions, from inception through resolution for Financial Lines and Cyber products with an emphasis on Directors & Officers (D&O), Financial Institutions Professional Liability (E&O), Pension Trust (Fiduciary), Employment Practices Liability, and Fidelity policies. The team also handles other Specialty Lines such as Cyber, Political Risk & Trade Credit, Transactional and Tax claims. You will work closely with internal and external customers and stakeholders, deliver excellent customer service, analyze coverage, draft coverage letters, evaluate liability, make claim presentations, set judgmental reserves, and formulate and execute resolution strategies. The role can be located in one of the following office locations: NYC, Atlanta, Chicago, Cincinnati, Dallas, Los Angeles, or Warren NJ hybrid work environment (4 days in office).

Requirements

Bachelor’s and Juris Doctorate degrees required
Minimum of 7 years of experience handling insurance coverage litigation, Financial Lines or Cyber insurance claims, commercial litigation or other related experience.
Excellent communication and interpersonal skills to deliver exceptional customer service and build and maintain customer relationships.
Strong negotiation skills.
Detail-oriented with an ability to independently manage a caseload and prioritize tasks and deadlines.
Proficiency in Microsoft Office Suite (Outlook, Excel, Word, PowerPoint)
Ability to travel as needed.
Candidate must be admitted to practice law in a US jurisdiction and in good standing

Responsibilities

Proactively manage claims throughout their lifecycle from initial notification through final disposition.
Conduct timely and thorough investigations and analyses to determine coverage, liability and damages.
Work closely with insureds, brokers, legal counsel, vendors, and other stakeholders throughout the claims process.
Collaborate on claim resolution strategies.
Negotiate direct and mediated settlements within designated authority limits.
Prepare claim summaries and reports and make presentations.
Provide feedback on claims and trends to underwriting and stakeholders.
Maintain accurate and up-to-date claim files and diary system.