CNA Insurance
Senior Claims Counsel - Financial Institutions/Public D&O
CNA Insurance, DeWitt, New York, United States
Senior Claims Counsel - Financial Institutions/Public D&O
Join to apply for the
Senior Claims Counsel - Financial Institutions/Public D&O
role at
CNA Insurance Senior Claims Counsel - Financial Institutions/Public D&O
22 hours ago Be among the first 25 applicants Join to apply for the
Senior Claims Counsel - Financial Institutions/Public D&O
role at
CNA Insurance Get AI-powered advice on this job and more exclusive features. You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
This is a Senior Claim Counsel position in the Financial Lines Claim team. The individual in this position will primarily focus on high severity D&O and E&O claims under policies issued to Public Companies as well as Financial Institutions such as large depository institutions, insurance companies, asset managers, private equity and venture capital firms and REITs. Ideally, the candidate will have a minimum of twelve years of relevant experience. The individual in this position will have responsibility for handling a pending of approximately 75 of the unit’s highest severity matters at any given time. The position requires the ability to independently evaluate liability and coverage; proactively formulate and execute claim resolution strategies; and, without the assistance of counsel, attend mediations, navigate complex settlement dynamics and drive and influence best possible claim outcomes.
The individual in this role will collaborate closely with our internal business partners on claim trends and issues. The role requires excellent leadership, communication and market facing skills. As a senior member of the team, this position also requires regular mentoring of junior team members including assistance with analyzing and formulating strategies on complex files.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Handles complex, high severity financial lines claims requiring legal analysis of complicated liability, damages and coverage issues. Drafts coverage letters, memos and reports. Represents CNA in settlement negotiations with independent authority to commit CNA. Interacts with multiple parties (e.g., insureds, brokers, counsel, claimants and mediators). Directs and manages coverage counsel and coverage litigation against CNA. Partners with underwriters, product counsel and actuary to effectively respond to policy wording and/or claim related inquiries. Collaborates directly with brokers and customers to address similar issues. Meets with brokers and existing or prospective clients as part of business marketing, growth and retention strategies. Works with senior claim, underwriting and product leadership to develop and analyze new products and to identify, evaluate and track claim trends and issues. Provides technical guidance to and oversight of junior staff members. Develops and presents training on key legal and industry issues/trends for the financial lines team (claims, underwriting, product and actuary). Represents CNA on panels at industry conferences.
May perform additional duties as assigned.
Reporting Relationship :
Typically Director and above.
Skills, Knowledge & Abilities
Senior level advanced knowledge of the theories, principles, practices and procedures of litigation management. The highest level of technical and product specific expertise, claims resolution skill and knowledge of insurance and claims principles, practices and procedures. Excellent interpersonal skills, verbal and written communication, and negotiation and presentation skills. Ability to exercise independent judgment and to work with and maintain confidential and sensitive information. Excellent analytical and problem solving skills, and senior level skill in managing ambiguous situations and issues. Proven ability to take a proactive long-term view of business goals and objectives in order to achieve strategic business results. Knowledge of Microsoft Office Suite and other business-related software.
Education & Experience
Bachelor's degree with JD, and admission to the bar of at least one state. Typically a minimum of twelve years of claims and/or legal experience with a proven track record of exceptional claim results.
In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut,
Illinois ,
Maryland,
Massachusetts ,
New York and Washington,
the national base pay range for this job level is $97,000 to $189,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com.
Seniority level
Seniority level Not Applicable Employment type
Employment type Full-time Job function
Job function Legal Industries Financial Services and Insurance Referrals increase your chances of interviewing at CNA Insurance by 2x Get notified about new Claims Attorney jobs in
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Join to apply for the
Senior Claims Counsel - Financial Institutions/Public D&O
role at
CNA Insurance Senior Claims Counsel - Financial Institutions/Public D&O
22 hours ago Be among the first 25 applicants Join to apply for the
Senior Claims Counsel - Financial Institutions/Public D&O
role at
CNA Insurance Get AI-powered advice on this job and more exclusive features. You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
This is a Senior Claim Counsel position in the Financial Lines Claim team. The individual in this position will primarily focus on high severity D&O and E&O claims under policies issued to Public Companies as well as Financial Institutions such as large depository institutions, insurance companies, asset managers, private equity and venture capital firms and REITs. Ideally, the candidate will have a minimum of twelve years of relevant experience. The individual in this position will have responsibility for handling a pending of approximately 75 of the unit’s highest severity matters at any given time. The position requires the ability to independently evaluate liability and coverage; proactively formulate and execute claim resolution strategies; and, without the assistance of counsel, attend mediations, navigate complex settlement dynamics and drive and influence best possible claim outcomes.
The individual in this role will collaborate closely with our internal business partners on claim trends and issues. The role requires excellent leadership, communication and market facing skills. As a senior member of the team, this position also requires regular mentoring of junior team members including assistance with analyzing and formulating strategies on complex files.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Handles complex, high severity financial lines claims requiring legal analysis of complicated liability, damages and coverage issues. Drafts coverage letters, memos and reports. Represents CNA in settlement negotiations with independent authority to commit CNA. Interacts with multiple parties (e.g., insureds, brokers, counsel, claimants and mediators). Directs and manages coverage counsel and coverage litigation against CNA. Partners with underwriters, product counsel and actuary to effectively respond to policy wording and/or claim related inquiries. Collaborates directly with brokers and customers to address similar issues. Meets with brokers and existing or prospective clients as part of business marketing, growth and retention strategies. Works with senior claim, underwriting and product leadership to develop and analyze new products and to identify, evaluate and track claim trends and issues. Provides technical guidance to and oversight of junior staff members. Develops and presents training on key legal and industry issues/trends for the financial lines team (claims, underwriting, product and actuary). Represents CNA on panels at industry conferences.
May perform additional duties as assigned.
Reporting Relationship :
Typically Director and above.
Skills, Knowledge & Abilities
Senior level advanced knowledge of the theories, principles, practices and procedures of litigation management. The highest level of technical and product specific expertise, claims resolution skill and knowledge of insurance and claims principles, practices and procedures. Excellent interpersonal skills, verbal and written communication, and negotiation and presentation skills. Ability to exercise independent judgment and to work with and maintain confidential and sensitive information. Excellent analytical and problem solving skills, and senior level skill in managing ambiguous situations and issues. Proven ability to take a proactive long-term view of business goals and objectives in order to achieve strategic business results. Knowledge of Microsoft Office Suite and other business-related software.
Education & Experience
Bachelor's degree with JD, and admission to the bar of at least one state. Typically a minimum of twelve years of claims and/or legal experience with a proven track record of exceptional claim results.
In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut,
Illinois ,
Maryland,
Massachusetts ,
New York and Washington,
the national base pay range for this job level is $97,000 to $189,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com.
Seniority level
Seniority level Not Applicable Employment type
Employment type Full-time Job function
Job function Legal Industries Financial Services and Insurance Referrals increase your chances of interviewing at CNA Insurance by 2x Get notified about new Claims Attorney jobs in
DeWitt, NY . New York, United States $259,200.00-$624,000.00 3 days ago Counsel – Litigation, Enforcement & Investigations
New York, United States $119,000.00-$250,000.00 2 days ago New York, United States $54,000.00-$75,000.00 3 weeks ago Attorney - Litigation Associate - New York (Remote)
Syracuse, NY $10,000.00-$105,018.00 1 month ago Legal Risk Manager, Corporate Auto Claims
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New York, United States $109,000.00-$185,000.00 5 days ago New York, United States $165,000.00-$200,000.00 15 hours ago New York, United States $160,000.00-$200,000.00 16 hours ago New York, United States $250,000.00-$300,000.00 3 weeks ago Syracuse, NY $83,300.00-$137,400.00 1 month ago New York, United States $50.00-$85.00 2 weeks ago New York, United States $235,000.00-$390,000.00 1 week ago Litigation, Business Development, Sr. Manager
New York, United States $310,000.00-$365,000.00 8 months ago New York, United States $180,000.00-$225,000.00 3 weeks ago New York, United States $160,000.00-$230,000.00 2 weeks ago New York, United States $165,000.00-$200,000.00 2 days ago Syracuse, NY $129,200.00-$213,200.00 1 month ago Senior Associate / Associate General Counsel for Litigation & Compliance
New York, United States $165,000.00-$200,000.00 16 hours ago New York, United States $390,000.00-$435,000.00 3 days ago Employee Relations Attorney / In-house Employment Counsel
New York, United States $185,000.00-$250,000.00 2 weeks ago Insurance Defense Attorney -- Bodily Injury
New York, United States $114,030.00-$171,600.00 1 month ago New York, United States $94,000.00-$161,000.00 4 days ago Mergers & Acquisitions Attorney: 4th-6th year
New York, United States $310,000.00-$390,000.00 1 year ago New York, United States $160,000.00-$250,000.00 2 weeks ago New York, United States $70,000.00-$75,000.00 1 day ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr