Senior Claims Counsel

Compre Group•Manchester, NH

48d•Remote

About The Position

Senior Claims Counsel US – Remote East Coast Preferred Full-Time We are a fast-growing global reinsurance speciality company servicing the insurance markets of Lloyd’s, Europe and North America. In recent years, we have been expanding our North American operations, which includes integrating an exceptional new legal team. As a result of this growth, we are seeking an additional hands-on Senior Claims Counsel to report to our U.S. General Counsel and CSE Managing Director. This position will handle and advise on all claim related legal issues on Ceded Reinsurance, Assumed Reinsurance, and Direct claims across various disciplines and territories in line with company claims handling guidelines. You will apply your claims/legal knowledge and experience to proactively manage legal claim issues and disputes through resolution, negotiation, and arbitration. Other key elements of this role will include the review and assessment of coverage issues, policy/contract language as well as LPT and Service agreements.

Requirements

Minimum of 10+ years of handling insurance and reinsurance-related complex claims matters
Law degree with relevant insurance/reinsurance experience
Experience in managing disputes, including managing outside counsel
Strong understanding of the reinsurance legacy market
Experience drafting and interpreting legal documents
Demonstrates ability and flexibility in a dynamic environment
Exceptional knowledge of key terms and conditions in contracts / policies and general knowledge of key legal position in relevant jurisdictions
Effective verbal and written communication skills
Contributing positively to our culture and values

Responsibilities

Partner with and provide legal advice to Claims Department on claims coverage and/or strategy
Manage outside counsel relative to specific disputed matters on Ceded, Assumed and Direct claims
Provide LPT and Service Agreement legal review, analysis, and interpretation
Handle litigation and disputes involving the company through resolution
Monitor caselaw on coverage issues and advise stakeholders of developments
Draft and/or review settlement agreements
Display knowledge of review and analysis of complex coverage and contract issues and understanding of underlying claims
Help develop and manage panel counsel and assess performance to provide feedback to claims management, particularly with coverage and reinsurance counsel
Provide technical assistance for the due diligence process for new acquisitions, including the assessment of claims legal-related risks and opportunities, reporting findings within the agreed format and required deadlines.
Evaluate the merit of affirmative claims and advise on pursuit, including cost benefit analysis
Collaborate on compliance and regulatory monitoring, development and implementation
Develop and draft U.S. legal, insurance regulatory and compliance best practices and guidelines