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AEGIS Insurance Services, Inc.
East Rutherford, NJ | Full Time
$172k-222k (estimate)
5 Days Ago
Litigation Counsel
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$172k-222k (estimate)
Full Time 5 Days Ago
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AEGIS Insurance Services, Inc. is Hiring a Litigation Counsel Near East Rutherford, NJ

AEGIS Insurance Services, Inc. (“AEGIS”) has an immediate opening for a Litigation Analyst or Litigation Counsel responsible for overseeing an inventory of complex General Liability claims at the excess level. Candidate will effectively manage assigned claims and provide claims services and appropriate advice to AEGIS and its Members.

Job Requirements:

  • Minimum 5 to 8 years of experience in insurance claims or a related legal field
  • Experience with coverage analysis, litigation procedures, and management/negotiation of large and/or complex claims
  • Law degree from an ABA accredited school and admission to a state bar desired
  • Professional insurance certifications a plus
  • Working knowledge of the energy industry a plus
  • Proficiency with Microsoft Office: Specifically Word, Excel, and PowerPoint
  • Ability to effectively present to varied audiences
  • Ability to effectively negotiate large and/or complex claims

Candidate Attributes:

  • Growth-Oriented: Conveys a genuine desire and ability to develop a deeper understanding of complex energy related claims and of insurance and reinsurance industry concepts and practices
  • Achievement-Oriented: Demonstrates persistence and perseverance in achieving concrete and tangible outcomes by taking action to get optimum results when encountering obstacles or resistance
  • Collaborative: Develops and maintains effective working relationships across functional and divisional lines by readily sharing information, knowledge, and resources
  • Detail-Oriented: Displays thoroughness and accuracy in quality communications and deliverables through the application of technical skills and industry/product knowledge
  • Work Ethic: Takes ownership for one’s responsibilities by acting with integrity and holding oneself accountable to continuous improvement

Essential Job Functions:

Management of Assigned Claims

  • Achieve timely and proper coverage analysis and verification,and communicate AEGIS’ coverage positions on assigned claims
  • Achieve timely and accurate evaluation of liability and damages
  • Achieve timely and adequate establishment and adjustment of UNL and NUNL reserves reflecting AEGIS’ ultimate probable cost/exposure
  • Achieve timely and appropriate 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 the investigation, evaluation, negotiation, settlement and defense of claims and litigation, as appropriate
  • Conduct or participate in settlement negotiations in conjunction with insured’s personnel and counsel, when appropriate
  • Consult with Claims management and the Claims Review Committee, as required, in the evaluation and management of assigned claims
  • Assist in the development of policy and standards for the Claims Division
  • Foster and maintain good working relationships with insureds, counsel, brokers, and reinsurers
  • As requested, provide advice and guidance to other claims professionals within the Claims Division in the evaluation and management of claims, analysis of coverage issues and in the research and review of statutory and common law
  • Ensure the smooth operation of the department when the Claims management team is unavailable
  • Keep abreast of developments in the law and their applicability and impact on claims

www.aegislink.com

EOE

AEGIS Insurance Services, Inc. participates in E-Verify

We expect to pay a starting salary between $120,000 and $150,000. An applicant’s placement within this range is based on their individual qualifications and professional experience. In addition to base salary, AEGIS employees are eligible to participate in the Company’s annual incentive program, with competitive awards based on corporate and individual performance.

In addition, we offer a comprehensive and competitive suite of options for health, retirement, income protection, wellness, and additional benefits:

  • Health: medical and prescription coverage, behavioral health, dental, vision, health savings account (includes a Company contribution), and flexible spending accounts
  • Retirement: 401(k) plan that includes matching contributions and an additional Company contribution of 4% (subject to IRS limitations)
  • Income Protection: basic and supplemental life insurance, short-term and long-term disability coverages, accident and critical illness insurance
  • Wellness: on-site health and fitness center, on-demand fitness and well-being app, and employee assistance program with support on mental health, financial, and legal services
  • Additional benefits: commuter benefits that include a transit subsidy from the Company, pet insurance, paid time off (vacation, floating holidays, sick, and Company paid holidays), and a variety of leaves of absence (health, family, and military)
  • Educational assistance and learning opportunities
  • Hybrid work schedule

Job Summary

JOB TYPE

Full Time

SALARY

$172k-222k (estimate)

POST DATE

06/30/2024

EXPIRATION DATE

07/17/2024

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AEGIS Insurance Services, Inc.
Full Time
$172k-222k (estimate)
2 Weeks Ago

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