• Associate Claims Attorney

    Location US-IL-Schaumburg
    Posted Date 2 days ago(10/16/2018 7:53 AM)
    Job ID
    24195
    # Positions
    1
    Category
    Claims
    Position Type
    Full Time
    Travel Percentage
    Up to 20%
  • Overview

    Be here. Be great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group’s member companies are subsidiaries of American Financial Group, a Fortune 500 company. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty property and casualty operations and a variety of financial services, there are always opportunities here to learn and grow.

     

    Our Executive Liability Division underwrites Directors’ and Officers’ Liability Insurance, Employment Practices Liability Insurance, and Fiduciary Liability Insurance for public, private and not for profit companies. 

     

    The Executive Liability Division is searching for an Associate Claim Attorney for our Schaumburg, IL office. 

    Responsibilities

    As a member of our Claims Department, you will be responsible for handling a group of claim files:

    • Performs detailed analysis of each claim.
    • Evaluates coverage and liability, issues written coverage opinions and monitors all aspects of the file while working towards resolution of the claim; including hiring, monitoring and paying defense counsel. 
    • Provides information to underwriters and reinsurers on specific claims or insureds and legal trends and issues which affect the business.
    • Secures and analyzes necessary information (i.e., reports, policies, appraisals, releases, statements, records or other documents) in the investigation of claims.
    • Attends arbitrations, mediations, dispositions or trials as necessary.
    • May affect settlements / reserves within prescribed limits and submit recommendations where applicable. 
    • Ensures that claims payments are issued in a timely and accurate manner. 
    • Ensures that claims handling is conducted in compliance with applicable statutes, regulations and other legal requirements, and that all applicable company procedures and policies are followed.
    • May provide technical advice to other functional areas.
    • Other duties as assigned.

    Qualifications

    • JD (Juris Doctorate) and current attorney license required.
    • 2 to 5 years of related experience.
    • Experience in the areas of litigation, insurance coverage, employment practices, or claims adjusting would be a plus.
    • Able to develop, prepare and implement claims litigation strategy.
    • Detail oriented, organized and possess strong analytical skills.
    • Strong negotiation and mediation skills.
    • Strong verbal and written communication skills.
    • Must possess the skills necessary to conduct legal research.
    • Ability to work well in a fast-paced environment.
    • Willingness to travel, including overnight travel as needed.  

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