Insurance Coverage Attorney in Florham Park, NJ
Sompo International Holdings Ltd. | Florham Park, NJ, United States
Industry: Legal | Type: Full-Time
Posted Date: Aug 03, 2020
Salary: USD 125000 Annually | Experience: 5-8 Years
Practice Areas: Insurance Coverage
Qualifications: The candidate should preferably have a Juris Doctor degree. Must have 5-8 years of experience as an E&O Claims Counsel at an insurance company, and/or in combination with law firm experience. Proven ability to provide coverage, liability and damages analysis for complex professional liability claims, specifically on Lawyers and Accountants classes of business is required. Direct handling of complex legal malpractice claims, with an emphasis on handling of claims against primary policies needed. Strong experience attending mediations and negotiating settlements is essential. Should have ability to establish close working relationship with underwriting, actuarial and legal. Guidewire, Genius, ImageRight skills a plus.
E&O Claims Counsel
The candidate will handle complex Professional Liability claims. Will provide coverage, liability and damages analysis for complex professional liability claims, specifically for Lawyers and Accountants classes of business. Identify exposures and claim trends which may affect the portfolio and provide written assessments to the business unit. Resolve problems and respond to coverage questions for underwriting team and senior management. Effectively represent company interests at client meetings, mediations, external meetings and industry events. Contribute to the success of the team by working closely with colleagues worldwide on various projects as directed by the EVP, Global Insurance Claims 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.