Coverage Counsel -Morristown, NJ – Jersey City or Remote

Overview

The organization is seeking a Claims Coverage Counsel to support outcomes on specific severe or complex claims within the Sharing Economy/Transportation lines of business. Only candidates with specific insurance coverage experience in the Transportation/Sharing Economy areas should apply.

Responsibilities

• Handle declaratory judgment actions related to Transportation/Sharing Economy matters, in which a company entity is named as a party.
• Collaborate with front-line claims employees and managers in the Sharing Economy/Transportation claim groups to provide coverage analysis and review coverage position letters to produce the best possible result on every claim.
• May include review of Time Limited Demands, allegations of unfair claim practices, interaction with underwriting partners, and addressing case strategies.
• Ensure that the claim investigation and disposition strategy are appropriate for each claim.
• Ensure that appropriate and timely coverage analyses are completed and positions established.
• When a matter is in litigation, ensure proper and competent attorneys are assigned and that litigation management strategies are developed and employed.
• Work closely with Transportation/Sharing Economy underwriting and risk engineering partners to provide feedback on policy forms and claim analysis.

Requirements

• 6+ years of experience in a technical claim handling role, specifically in Sharing Economy/Transportation claims; preferably with a commercial property & casualty company or a self-insured company in those fields.
• Bachelor degree or equivalent experience and Juris Doctorate required.
• Legal experience at a law firm handling insurance coverage issues in Transportation/Sharing Economy matters will be considered in lieu of claims handling experience.
• Coverage experience in the Transportation/Sharing Economy area, including but not limited to UM/UIM, PIP, ridesharing, delivery services, small fleet issues, and Federal & State statutory rules.
• Major claim adjustment and coverage analysis experience.
• Supervisory experience is a plus.
• Proven creative problem-solving abilities.
• Excellent written and oral presentation skills.
• Proficient with computers and Microsoft Office Outlook, Word and Excel.
• Excellent interpersonal skills with the ability to lead and work in a cooperative manner.
• Ability to adapt to change.
• Ability to travel by automobile and all forms of public transportation is required.
• Will abide by departmental policies and procedures, including authority levels, to comply with risk management controls.

Preferred Qualifications

• Major claim adjustment and coverage analysis experience.
• Supervisory experience.

Compensation & Benefits

• Competitive compensation package
• Generous 401K employer match
• Employee Stock Purchase plan with employer matching
• Generous Paid Time Off
• Excellent benefits that go beyond health, dental & vision, including programs focused on whole-family wellness (physical, mental, and financial wellbeing)
• Tuition reimbursement, industry-related certifications, and professional training
• Eligibility for discretionary equity (stock) based compensation and/or performance-based variable pay programs

Annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $100,400.00 to a maximum of $188,700.00. The actual compensation is determined by various factors, including market pay for the jobs at each level, responsibilities and skills required, and the employee’s contribution (performance) in the role.

Location

• Morristown, NJ – Jersey City or remote

Equal Employment Opportunity / Accommodations

The employer is committed to equal employment opportunity and welcomes applicants regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodations, please let the employer know.