Financial Lines Claims Counsel

## Financial Lines Claims Counsel Apply:
Hybrid:
IL-Chicago:
GA-Atlanta:
PA - Radnor:
VA-Alexandria:
TX-Remote:
Full time:
Posted 5 Days Ago:
JR-001025

MSIG USA continues to grow!
** Company Overview:
** MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., 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.
** Summary**:

As the Financial Lines portfolio continues to grow, the Financial Lines Claims Counsel will play a meaningful role in the development of the Financial Lines Claims organization. This position manages high-exposure and complex Financial Lines claims and brings deep expertise in Financial Lines coverage and claims handling. The role focuses primarily on Directors & Officers (D&O), Financial Institutions Professional Liability (E&O), Employment Practices Liability (EPL), Fiduciary, and Fidelity claims, including complex litigation, class actions, securities matters, and high-severity financial loss exposures.

The position offers significant autonomy, visibility, and the ability to influence claim outcomes and the continued expansion of the business.
** Essential Functions**:
* Manage a diverse portfolio of complex Financial Lines claims from initial notice through resolution.
* Analyze coverage, liability, damages, and exposure issues, establish appropriate reserves, and provide accurate claim assessments involving D&O, Financial Institutions E&O, EPL, Fiduciary, and Fidelity policies.
* Draft coverage position letters, reservation of rights letters, and other claim-related communications.
* Evaluate and manage high-severity matters, including securities litigation, class actions, regulatory investigations, and complex commercial disputes.
* Develop and execute strategic claim resolution plans, including settlement negotiations within delegated authority and escalation of matters requiring higher-level approval.
* Coordinate with outside counsel on litigation strategy while controlling legal spend.
* Collaborate with underwriting, actuarial, legal, and senior leadership on emerging risks, claim trends, and portfolio performance.
* Build and maintain strong relationships with insureds, brokers, defense counsel, and business partners.
* Prepare claim summaries, authority requests, and management reports while maintaining accurate claim documentation and file records in accordance with company and regulatory requirements.
* Contribute to the continued growth and development of the Financial Lines claims operation.
** Education and Experience**:
* Juris Doctor (JD) from an accredited law school.
* Active bar admission in at least one U.S. jurisdiction and in good standing.
* 7+ years of experience handling Financial Lines claims, coverage litigation, or complex commercial litigation.
* Strong knowledge of D&O, Financial Institutions E&O, EPL, Fiduciary, and Fidelity coverages.
* Experience evaluating complex coverage issues and large-loss exposures.
** Other qualifications and skills**:
* Carrier or broker-side Financial Lines claims experience preferred.
* Experience handling claims involving financial institutions, private equity firms, investment managers, or other complex financial organizations preferred.
* Background managing securities claims, class actions, regulatory matters, and high-exposure commercial disputes preferred.
* Experience working with primary policies preferred.
* Professional liability and financial institution claim expertise preferred.
* Excellent written and verbal communication skills.
*…