Litigation Counsel, Financial Products

AISI AEGIS Insurance Services, Inc.; United States; Hybrid; USD 120,000 - 150,000; Full time

Benefits offered by this job

Health & Wellness programs

401(k) with matching contributions

Tuition assistance

Professional development opportunities

Job summary

AISI AEGIS Insurance Services, Inc. is seeking a Litigation Counsel to manage a portfolio of complex Professional Liability claims. The role demands 5-8 years of insurance claims experience and a law degree. A competitive salary ranging from $120,000 to $150,000 based on qualifications and experience is offered.

Eligible candidates will enjoy benefits including health and wellness programs, a 401(k) plan with matching contributions, and a flexible hybrid work schedule.

Qualifications

• Minimum 5 to 8 years of experience in insurance claims or related legal field.
• Experience managing D&O, Fiduciary, EPL and/or Cyber claims is a plus.
• Professional insurance designations are a plus.

Responsibilities

• Manage assigned claims and achieve timely coverage analysis and verification.
• Evaluate liability and damages accurately.
• Provide case management direction to insureds’ claim professionals.

Skills

Experience in insurance claims

Coverage analysis

Litigation procedures

Negotiation of complex claims

Proficiency in Microsoft Office

Education

Law degree from an ABA accredited school

Admission to a state bar

Job description

Litigation Counsel – Financial Products

AEGIS Insurance Services Inc. has an immediate opening for a Litigation Counsel responsible for overseeing an inventory of complex Professional Liability claims at the excess level. The candidate will effectively manage assigned claims and provide claims services and appropriate advice to AEGIS and its Members‑Policyholders.

Job Requirements

• Minimum 5 to 8 years of experience in insurance claims or related legal field
• Experience with coverage analysis, litigation procedures and management/negotiation of large and/or complex claims
• Experience managing D&O, Fiduciary, EPL and/or Cyber claims – a plus
• Law degree from an ABA accredited school and admission to a state bar
• Professional insurance designations – a plus
• Working knowledge of the energy industry – a plus
• Proficiency with Microsoft Office (Word, Excel, PowerPoint)
• Ability to effectively present to varied audiences

Candidate Attributes

• Collaborative: Develops and maintains effective working relationships; collaborates and shares information; seeks and provides constructive feedback; supports a respectful workplace
• Initiative and Accountability: Proactively addresses opportunities to enhance AEGIS’ people, processes, products, and services; takes ownership of responsibilities; acts with integrity; best interest of the organization and stakeholders
• Quality‑Focused: Demonstrates solution‑focus, thoroughness, accuracy, persistence, and perseverance in achieving concrete outcomes
• Service‑Oriented: Conveys desire and ability to anticipate and meet customer needs; builds mutually beneficial relationships within AEGIS and with AEGIS Members and brokers

Essential Job Functions

• Manage assigned claims; achieve timely coverage analysis and verification; communicate AEGIS coverage positions
• Timely and accurate evaluation of liability and damages
• Establishment and adjustment of UNL and NUNL reserves reflecting AEGIS ultimate probable cost/exposure
• Provide reporting to file, claims management and reinsurers as needed
• Provide advice, technical assistance and case management direction to insureds’ claim professionals and defense attorneys in investigation, evaluation, negotiation, settlement and defense of claims and litigation
• Conduct or participate in settlement negotiations with insured’s personnel and counsel, when appropriate
• Consult with Claims management and the Claims Review Committee in evaluation and management of assigned claims
• Assist in development of policy and standards for the Claims Division
• Foster and maintain good working relationships with insureds, counsel, brokers, and reinsurers
• Provide advice and guidance to AEGIS colleagues in evaluation and management of claims, analysis of coverage issues, statutory and common law research
• Ensure smooth operation of department when Claims management team is unavailable
• Keep abreast of developments in the law and their applicability and impact on claims

Compensation and Benefits

Starting salary between $120,000 and $150,000, based on qualifications and experience. Eligible for annual incentive program, competitive awards, and comprehensive benefits including:

• Health & Wellness: Medical, dental, vision, mental health support and employee assistance programs
• Retirement: 401(k) with matching contribution
• Income Protection: Life, disability, accident and critical illness insurance
• Time Off: Vacation days, sick days, holidays and family/military leave options
• Other: Commuter benefits, pet insurance, hybrid work schedule, tuition assistance and professional development opportunities

EEO Statement

Qualified applicants will receive consideration for employment without regard to race, creed, color, sex, sexual orientation, age, marital status, disability, national origin, veteran status or any other legally protected status. AEGIS Insurance Services, Inc. participates in E‑Verify.