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Financial Lines Claims Counsel

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Mitsui Sumitomo Insurance Group
Full Time position
Listed on 2026-03-16
Job specializations:
  • Insurance
    Risk Manager/Analyst, Insurance Claims, Underwriter, Insurance Analyst
Salary/Wage Range or Industry Benchmark: 110000 - 230000 USD Yearly USD 110000.00 230000.00 YEAR
Job Description & How to Apply Below
MSIG USA continues to grow!
** Company Overview:
** is the US-based subsidiary of , one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

We are seeking an experienced and detail-oriented Financial Lines Claims Counsel to join our Financial Lines Claims and Cyber team. The Claims Attorney will be responsible for handling complex matters, including high severity claims and class actions, from inception through resolution for Financial Lines and Cyber products with an emphasis on Directors & Officers (D&O), Financial Institutions Professional Liability (E&O), Pension Trust (Fiduciary), Employment Practices Liability, and Fidelity policies.

The team also handles other Specialty Lines such as Cyber, Political Risk & Trade Credit, Transactional and Tax claims.

You will work closely with internal and external customers and stakeholders, deliver excellent customer service, analyze coverage, draft coverage letters, evaluate liability, make claim presentations, set judgmental reserves, and formulate and execute resolution strategies.
** The role can be located in one of the following office locations: NYC, Atlanta, Chicago, Cincinnati, Dallas, Los Angeles, or Warren NJ hybrid work environment (4 days in office).
***
* Key Responsibilities:

*** Proactively manage claims throughout their lifecycle from initial notification through final disposition.
* Conduct timely and thorough investigations and analyses to determine coverage, liability and damages.
* Work closely with insureds, brokers, legal counsel, vendors, and other stakeholders throughout the claims process.
* Collaborate on claim resolution strategies.
* Negotiate direct and mediated settlements within designated authority limits.
* Prepare claim summaries and reports and make presentations.
* Provide feedback on claims and trends to underwriting and stakeholders.
* Maintain accurate and up-to-date claim files and diary system.
*
* Qualifications:

*** Bachelor’s and Juris Doctorate degrees required
* Minimum of 7 years of experience handling insurance coverage litigation, Financial Lines or Cyber insurance claims, commercial litigation or other related experience.
* Excellent communication and interpersonal skills to deliver exceptional customer service and build and maintain customer relationships.
* Strong negotiation skills.
* Detail-oriented with an ability to independently manage a caseload and prioritize tasks and deadlines.
* Proficiency in Microsoft Office Suite (Outlook, Excel, Word, PowerPoint)
* Ability to travel as needed.
** Candidate must be admitted to practice law in a US jurisdiction and in good standing**#LI-HYBRID SALARY:
The estimated salary range for this position is $ - $ per year. This is a good-faith assessment of the salary range for this position only. In determining the actual salary within this range, MSIG USA will consider a candidate’s relevant experience, location, and other job-related factors.
Additional Benefits:
Healthcare and Retirement Benefits    Comprehensive medical, dental, and vision coverage    401(k) with a generous employer match and profit-sharing contribution    Wellness incentive program    Life and accidental death and dismemberment (AD&D) insurance    Flexible spending programs    Short-term and long-term disability plans      Additional Benefit Programs  Paid time off program    Paid charitable leave    Paid parental leave    Tuition reimbursement program    Personal insurance (auto/homeowners) discounts  It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!

It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to…
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