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Company: Great American Insurance Company
Location: Schaumburg
Posted on: May 3, 2021

Job Description:

Overview Be here. Be great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Groups member companies are subsidiaries of American Financial Group, a Fortune 500 company. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty property and casualty operations and a variety of financial services, there are always opportunities here to learn and grow.Our Executive Liability Division underwrites Directors and Officers Liability Insurance, Employment Practices Liability Insurance, and Fiduciary Liability Insurance for public, private and not for profit companies. The Executive Liability Division is searching for an Associate Claims Attorney. The person hired for this position will work from the Schaumburg or downtown Chicago office. Responsibilities As a member of our Claims Department, you will be responsible for handling an inventory of claim files. An Associate Claims Attorney: Performs detailed analysis of each claim. Evaluates coverage and liability, issues written coverage opinions and monitors all aspects of the file while working toward resolution of the claim; including hiring, monitoring and paying defense counsel. Develops and implements claim litigation and resolution strategies. Provides information to underwriters and reinsurers on specific claims or insureds and legal trends and issues which affect the business. Secures and analyzes necessary information (i.e., reports, policies, appraisals, releases, statements, records, or other documents) in the investigation of claims. Attends arbitrations or mediations as necessary. May affect settlements / reserves within prescribed limits and submit recommendations where applicable. Ensures that claims payments are issued in a timely and accurate manner. Ensures that claims handling is conducted in compliance with applicable statutes, regulations, and other legal requirements, and that all applicable company procedures and policies are followed. May provide technical advice to other functional areas. Other duties as assigned. Qualifications JD (Juris Doctorate) and current attorney license required. 2 to 5 years of related experience. Experience in the areas of litigation, insurance coverage, employment practices, or claims adjusting would be a plus. Detail oriented, organized and possess strong analytical skills. Strong negotiation and mediation skills. Strong verbal and written communication skills. Ability to work well in a fast-paced environment. Willingness to travel, including occasional overnight travel as needed.

Keywords: Great American Insurance Company, Schaumburg , Attorney, Other , Schaumburg, Illinois

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