Claims Attorney - Chicago, United States - Gen Re

Gen Re

Verified Company

Chicago, United States

1 week ago

Posted by:

Mark Lane

beBee recruiter

Description

Shape Your Future with Us

GenStar is a premier specialty and surplus lines provider, underwriting specialty property and casualty (P&C) insurance for risks with more difficult exposures.

GenStar markets through appointed wholesale brokers and managing general agents (MGAs) in the United States.

GenStar is an indirect subsidiary of General Re Corporation, which is a holding company for global reinsurance and related operations with more than 2,000 employees worldwide.

General Re Corporation is a subsidiary of Berkshire Hathaway Inc.

GenStar currently offers an excellent opportunity for
Claims Attorney - GenStar based in our
Chicago office. This is a hybrid role.

Role Description

The Claims Attorney is responsible for handling Declaratory Judgment (DJ) claims files for GenStar, including coverage issues, litigation, and arbitration, for the Claims Division as well as coverage support for other divisions.

Responsibilities

The Claims Attorney will be responsible for providing high level technical claims handling and support to claim associates and underwriters.
The Claims Attorney will analyze coverage under excess, surplus, specialty property and casualty insurance.
The Claims Attorney will review different lines of business including but not necessarily limited to property, auto liability, products liability, habitational, hired/nonowned, professional liability (medical/lawyers/real estate agents/title agents), public entity, schools, churches, universities, New York contractors, and/or restaurant delivery insurance.
The Claims Attorney prepares prompt, thorough and articulate reports for management and provides underwriters with valuable information and intelligence.
The Claims Attorney will be responsible for legal research, written coverage analysis and managing coverage disputes both prior to and after the initiation of coverage litigation by or against GenStar.
The Claims Attorney maintains a legal license, is current with all continuing education requirements, and attends industryrelated educational programs.
The Claims Attorney adheres to the Company's technical and administrative standards/guidelines and remains current on industry standards/guidelines and legal decisions that impact claim handling and exposures.
The Claims Attorney attends settlement conferences and/or mediations, ADR (Alternative Dispute Resolutions), arbitrations and trials as warranted.
The Claims Attorney is expected to travel as necessary and as required by the Company.

Role Qualifications and Experience

JD from an accredited law school and must be licensed to practice law and in good standing in at least one US state.
Undergraduate college degree.
5+ years of experience in an insurance/reinsurance company or as a member of a law firm dealing with all aspects in insurance/reinsurance law.
Experience in insurance coverage analysis in the school context would be very useful.
Prior experience in interpretation and analysis of insurance/reinsurance contracts.
Prior experience in negotiation including attendance as mediations.

Demonstrates excellence in: