IAT Insurance Group has an immediate opening for a Claims Counsel in our Management Liability Claims Unit that can be located in any of our IAT locations. This role is a true complex claims handling role that is tasked with managing all lines of Management Liability Claims under our Management liability policies.
The ideal candidate for this role will have 3-5 years of experience as a claim professional with experience handling Management liability claims including, Employment Practices liability, Directors and Officers Liability, Fiduciary Liability, as well as Crime claims on a national basis.
Please note, IAT works on a hybrid schedule, working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.
Responsibilities:
- Responsible for handling Management Liability Claims (EPL, D&O, Fiduciary, and Crime) for Private and Non-Profit businesses based on Claim Guidelines.
- Within authority limit, thoroughly analyze, investigate, negotiate and resolve all levels of severity claims.
- Selects, directs and manages defense counsel including approval of budgets
- Develops litigation/file disposition strategy. Attends mediations, settlement conferences and trials.
- Verifies/analyzes applicable coverage for the reported claims.
- Follow operational policies and procedures, including compliance, regulatory and performance and customer service standards.
Qualifications:
Must Have:
- Bachelors’ degree
- Juris Doctorate
- Properly licensed, registered or authorized, and in good standing, to practice law in the jurisdiction in which you will be working.
- 3-5 years management liability claim experience, including handling employment liability practices, directors & officers’ liability and fiduciary liability coverages.
- Excellent coverage analysis skills with experience in drafting coverage position correspondence.
- Experience handling litigated files and direction of defense counsel.
- Excellent negotiation skills.
- Must be willing to travel, average 1 day a month.
- Licensure as required by respective state(s).
- Ability to analyze data, utilize sound judgment to draw conclusions and make supported decisions.
- To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.
Preferred to Have:
- CPCU and other insurance related studies are beneficial.
Our Culture
IAT is the largest private, family- owned property and casualty insurer in the U.S. Insurance Answers Together® is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers. It’s about far more than being a workplace. We’re a work family.
At IAT, our fundamental belief is to a create a culture where all employees are heard and have a sense of belonging. Inclusion and Diversity are not just initiatives, it’s how we live. We’re committed to driving and building an open and supportive culture. By embracing the uniqueness of our employees, investing in their development, listening to, and engaging their ideas, we are stronger as an organization.
Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.
We offer comprehensive benefits like:
- 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
- 7% 401(k) Company Match and additional Profit Sharing
- Hybrid work environment
- Numerous training and development opportunities to assist you in furthering your career
- Healthcare and Wellness Programs
- Opportunity to earn performance-based bonuses
- College Loan Assistance Support Plan
- Educational Assistance Program
- Mentorship Program
- Dress for Your Day Policy
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
Come join the IAT family!
Compensation:
Please note, the annual gross salary range associated with this posting is $100,000 – $163,225. This range represents the anticipated low and high end of the base salary for this position. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit sharing opportunities and more. Actual salaries will vary based on factors such as a candidate qualifications, skills, and competencies related to this specific role.
To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits