Senior Claims Counsel

Senior Claims Counsel

Job Overview
A prestigious law firm located in Deerfield, IL, is seeking an experienced Senior Claims Counsel to join their team. This role is designed for a professional with a deep understanding of claims resolution and insurance-related practices, tasked with overseeing complex liability insurance claims. The position emphasizes strategic problem-solving, risk management, and litigation coordination, demanding strong analytical, legal, and communication skills.

Duties

• Investigate and assess general and professional liability insurance claims.
• Develop and execute resolution strategies, including risk transfer, mediation, and litigation management.
• Analyze policy language to recommend coverage determinations and prepare written summaries.
• Set and manage reserves, considering factors like coverage, liability, and damages.
• Oversee litigation, including defense counsel management, budget reviews, and expert coordination.
• Maintain thorough documentation of all claim-related activities and communications.
• Provide excellent client service through professional interactions with insureds, claimants, and business partners.
• Proactively handle claims and collaborate with internal and external stakeholders to develop and execute resolution strategies.
• Communicate significant risks and losses to leadership, projecting exposures and preparing loss summaries.
• Prepare and present status reports and evaluations for management and leadership.
• Stay updated with relevant regulations and ensure compliance.
• Represent the organization in mediation, court proceedings, and other legal matters.
• Some travel may be required.

Requirements

• Minimum of 7 years of experience managing liability claims.
• Proven expertise in claims resolution, with knowledge of insurance principles and procedures.
• Strong interpersonal, verbal, and written communication skills.
• Ability to work independently and manage confidential information with discretion.
• Excellent analytical and critical thinking skills.

Education

• Juris Doctor (JD) Degree.

Certifications

• Active Insurance License in at least one of the following states: Florida, Texas, New York, or California.

Skills

• Advanced knowledge of Microsoft Office Suite and other relevant software.
• Strong negotiation and presentation skills.
• Ability to strategize and achieve long-term business goals.
• Capable of preparing detailed reports and presenting them to leadership.

Job Location

• Deerfield, IL.