Liability Lead

Munich Re Group • New York, NY

128d • $174,200 - $290,300

About The Position

The Company is open to considering candidates in numerous locations, including NYC and Chicago. We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients. Munich Re Specialty - North America provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients' needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks. Munich Re Specialty - North America is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America.

Requirements

• Juris Doctor degree required.
• 10-15 years of experience as insurance defense litigation attorney, with jury trial experience preferred.
• 10+ years of experience in a claims management role implementing strategic claim handling and litigation management on high exposure complex claims.
• Experience in handling multiple lines of business whether; Legal Malpractice, Healthcare, Miscellaneous Professional Liability, Cyber, General Liability, Public Entity, Religious Institutions, Property, etc.
• Insurance coverage experience preferred, but not required.
• Experience with legal bill review and audit process for legal billing.
• Experience working with litigation management vendors; whether court reporters, record retrieval services, or litigation consulting services.
• Ability to think creatively and develop better solutions for existing processes.
• Ability to build and sustain internal and external business relationships.
• Skilled with Microsoft Office including Access, Excel, and Word.
• Detail oriented, particularly with respect to data quality.
• Proven ability to contribute to critical projects and initiatives.
• Self-motivated and effective at time management and prioritization.

Nice To Haves

• Experience in insurance coverage is preferred but not required.

Responsibilities

• Identifies claims requiring early action in terms of strategic claim handling and litigation management.
• Leads Roundtables of claims in accordance with escalation processes and procedures.
• Collaborates with coverage counsel in analyzing policy considerations when assigning defense counsel and addressing policy demands and potential extra-contractual and bad faith issues.
• Reviews policy demands to ensure timely and proper responses.
• Addresses legal billing questions with defense counsel panel firms and assists in finding solutions.
• Monitors defense counsel panel firms for compliance with Litigation Guidelines.
• Contributes to the audit process for defense counsel panel firms for compliance with Litigation Guidelines, best practices, industry standards, and overall results.
• Responsible for review of panel counsel applications for recommendations for inclusion on current panels.
• Assists in coordinating panel counsel firms in participating in monthly CE/CLE training.
• Monitors Preferred Vendors per the Litigation Guidelines.
• Selections of Preferred Vendors and overall expense management.
• Engages with other Litigation Management and expense management functions.

Benefits

• Health insurance coverage
• Employee wellness program
• Life and disability insurance
• 401k match
• Retirement savings plan
• Paid holidays
• Paid time off (PTO)

What This Job Offers

• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree