Litigation Specialist/Senior Litigation Specialist

Falcon Risk Services; New York (NY); Hybrid; USD 115,000 - 190,000; Full time

Benefits offered by this job

Paid holidays

Paid parental leave

401(k) plan

Job summary

Falcon Risk Services, based in New York, NY, seeks a Claim Professional to handle management and professional liability claims. The role offers a start-up‑paced environment with many cross-functional opportunities and a flexible option for partial remote work. 3 days in-office per week. JD preferred; 3–10 years of claims experience.

The position emphasizes initiative, attention to detail, and delivering excellent client service while aligning with underwriting and actuarial teams.

Qualifications

• JD highly preferred.
• 3–10 years of experience handling management or professional liability claims.

Responsibilities

• Manage claims involving public and private Management Liability policies.
• Complete investigations on claims and document the claim file.
• Maintain diaries, reserves, and payments within delegated authority; collaborate with counsel and litigation teams.
• Travel to mediations, settlement conferences, arbitrations, and trials as required.

Skills

Claims management

Investigations

Communication

Regulatory knowledge

Education

Juris Doctor (JD)

Tools

Claims management software

Job description

Founded in 2021, Falcon Risk Services is a specialty managing general agent focused on underwriting and claims management for management, professional, financial and cyber lines of insurance, providing a full suite of insurance services. Our parent company, HDI Global Specialty SE, an S&P A+ and A.M. Best A+ rated global insurer, provides us with a strong financial foundation for growth.

ABOUT THE ROLE:

We are looking to hire a Claim Professional to join as a key member of the Falcon Claim Services team. We offer a unique opportunity to join a well-funded company in its early stages. The environment is open, start-up-paced, and fun, offering the right candidate a chance to work across all facets of the business, shape our overall workplace strategy, and progress into a broader role. Falcon greatly values a culture of teamwork, with all colleagues’ input and ideas equally valued. The position requires initiative, creativity, attention to detail, and a desire to provide our clients with the best possible service. Although we value face-to-face interaction, there is an option to work partially remotely. This position will be based in New York City.

JOB DESCRIPTION:

• Manage claims involving public and private Management Liability policies, including Employment Practices Liability, Directors and Officers, and Crime claims.
• Opportunity to learn additional coverages.
• Opportunity to assist with endorsement and policy development.
• Follow company guidelines and industry best practices with minimal supervision.
• Complete investigations on claims, including coverage evaluations in a timely manner and fully document the claim file.
• Identify claims with a potential for high exposure.
• Accurately reserve each claim within the given claim authority level.
• Promptly seek authority for claims requiring reserves or payments above their authority level.
• Timely complete Large Loss Reports with minimal assistance.
• Maintain the diary system, assuring that each assigned claim receives the proper attention.
• Travel to attend mediations, settlement conferences, arbitrations, and trials as required.
• Utilize the claim system to accurately post reserves and make payments within the delegated authority level.
• Assign, manage, and direct counsel and the litigation process to ensure that claims are resolved in an efficient manner to achieve quality resolutions.
• Resolve matters in a timely manner.
• Collaborate with underwriting and actuarial divisions to facilitate knowledge transfer.
• Maintain adjuster licenses in states agreed upon with the supervisor.

JOB REQUIREMENTS:

• JD, preferred.
• 3 - 10 years of experience handling management or professional liability claims.

This position is based in New York, NY. The job will require 3 days in the office per week. $115,000-$190,000 per year plus bonus with a range of 10 – 20%, commensurate with experience.

BENEFITS:

• Paid holidays
• Paid parental leave
• 401(k) plan