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Compre Group · 3 weeks ago

Senior Claims Counsel

United States

Full-time

Remote

Senior Level, Lead/Staff

10+ years exp

Compre Group is a fast-growing global reinsurance specialty company servicing the insurance markets of Lloyd’s, Europe, and North America. They are seeking a Senior Claims Counsel to handle and advise on all claim-related legal issues, manage disputes, and provide legal advice to the Claims Department while ensuring compliance with company guidelines.

Insurance

Hiring Manager

Nick Smith

Responsibilities

Partner with and provide legal advice to Claims Department on claims coverage and/or strategy

Manage outside counsel relative to specific disputed matters on Ceded, Assumed and Direct claims

Provide LPT and Service Agreement legal review, analysis, and interpretation

Handle litigation and disputes involving the company through resolution

Monitor caselaw on coverage issues and advise stakeholders of developments

Draft and/or review settlement agreements

Display knowledge of review and analysis of complex coverage and contract issues and understanding of underlying claims

Help develop and manage panel counsel and assess performance to provide feedback to claims management, particularly with coverage and reinsurance counsel

Provide technical assistance for the due diligence process for new acquisitions, including the assessment of claims legal-related risks and opportunities, reporting findings within the agreed format and required deadlines

Evaluate the merit of affirmative claims and advise on pursuit, including cost benefit analysis

Collaborate on compliance and regulatory monitoring, development and implementation

Develop and draft U.S. legal, insurance regulatory and compliance best practices and guidelines