Claims Counsel LPL

Claims Counsel

Job Type: Full Time

Location: Downtown - Chicago, IL

Hybrid: This position requires a minimum of 3 days in the office to promote collaboration and interaction with onsite associates

Salary Range: $150,000 - $200,000 Base Salary; plus eligibility for additional bonus incentive program

Job Description

Claims Counsel is a mid to senior-level ORPRO Claims Counsel focused on handling low to high severity files from notice to conclusion with moderate training, mentorship, oversight, and management by ORPRO supervisor. As Claims Counsel, you will be responsible for the management of claims, from first notice to conclusion, involving Lawyers Professional Liability (LPL) insurance policies. The claims may present moderate to high exposure in multiple jurisdictions, brought against insured lawyers and law firms.

Job Responsibilities

Manage and document activity on assigned claims, including coverage evaluation, investigation, and consideration of multiple factors to assess potential liability and exposure presented.
Develop action plans on assigned files to secure appropriate and timely resolution
Draft insurance coverage correspondence and reports.
Negotiate and settle claims with appropriate oversight by ORPRO supervisor.
Evaluate, request, and assign timely and appropriate reserves from file inception to resolution with appropriate oversight by ORPRO supervisor.
Assign, coordinate, and manage outside counsel and vendors with appropriate oversight by ORPRO supervisor.
Review and audit attorney and vendor invoices consistent with Company guidelines.
Communicate claim activity with insureds, brokers, ORPRO Underwriters, and ORPRO senior claims management.
Maintain professional relationships with internal and external audiences.
Identify and refer files necessitating review as appropriate to ORPRO supervisor or designated ORPRO Claims Counsel.
Participate in mediations and settlement negotiations to resolve claims with oversight or independently as directed by ORPRO supervisor.
Active and meaningful participation in achieving appropriate claim outcomes with oversight by ORPRO supervisor.
May supervise, mentor and train attorney and non-attorney ORPRO claims employees at direction or guidance from ORPRO supervisor.

Job Responsibilities

An active license to practice law in good standing.
Minimum 5 years of relevant insurance, claims-related, or law firm experience preferred.
Private practice litigation experience preferred.
Obtain adjuster license(s) or agree to obtain adjuster license(s) and additional training as necessary or required to complete claims handling responsibilities with moderate training, mentorship, oversight, and management by ORPRO supervisor or designated senior-level ORPRO Claims Counsel.
Excellent verbal and written communication skills.• Strong analytical, interpretive, problem solving, and critical thinking skills with ability to make sound decisions.
Effective time management and organizational skills.
Strong writing and presentation skills.
Effective advocacy and negotiation skills.
Detail-oriented, adaptable to changing environment, and strategic in decision-making.
Customer-service and relationship oriented; strong interpersonal skills.
Ability to work independently and remain self-motivated in a fast-paced environment.
Ability to demonstrate awareness, personal commitment, and initiative to continuously improve in their role, welcome new challenges, and acquire new skills.
Willingness to travel for mediations, and client or account meetings.
Maintain confidentiality of work-related information and materials.

About Old Republic Professional

Old Republic Professional (ORPRO™), established in December 1983, is a subsidiary of Old Republic International Corporation (NYSE: ORI), one of the nation’s 50 largest shareholder-owned insurance businesses and a member of the Fortune 500 listing of America’s largest companies. Old Republic Professional has provided Directors and Officers liability insurance and Lawyers Professional liability insurance for more than 35 years and now offers a wide array of management liability and professional liability products across an expanding national footprint in the U.S.

Culture

Work-life balance is highly valued; work culture is collaborative; colleagues are professional, passionate, open-minded, and entrepreneurial. We offer competitive wages, a comprehensive benefits package, a friendly, team-oriented environment, and we encourage and reward the professional growth of our employees. Employee benefits include BCBS medical, FSA/HSA accounts, long-term disability, dental, vision, fertility and family building benefits, Employee Assistance Program, paid time off (PTO), paid holidays, Paid Leave of Absence Benefits, 401(k) Savings and Profit-Sharing Plan, 529 Education Savings Plan, Gym Network 360 membership savings on fitness, nutrition and wellness programs, pet insurance, monthly commuting reimbursement, and tuition reimbursement for qualified job-related educational expenses.

Equal Employment Opportunity

Old Republic Professional provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Qualified candidates must submit a resume to