Full Job Description
This position is not eligible for employment visa sponsorship. Applicants must be authorized to work in the United States without the need for current or future sponsorship.
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 seeking an Associate Claims Attorney, Claims Attorney, or Senior Claims Attorney. Job title and salary will depend on the successful applicant's level of experience.
The person hired for this position will work from the Schaumburg, IL or Chicago, IL office. Great American’s culture is built on connection, shared learning, and strong relationships. This is a hybrid role that combines 3 days in-office and 2 days remote work. Employees are expected to maintain a meaningful on-site presence to support collaboration, relationship building, and business success.
Essential Job Functions and Responsibilities
As a member of our Claims Department, you will be responsible for handling an inventory of claim files. Duties may include:
37Performs detailed analysis of each claim.
37Evaluates coverage and liability, issues written coverage opinions and monitors all aspects of the file while working towardresolution of the claim; including hiring, monitoring and paying defense counsel.
37Develops and implements claim litigation and resolution strategies.
37Provides information to underwriters and reinsurers on specific claims or insureds and legal trends and issues which affect the business.
37Secures and analyzes necessary information (i.e., reports, policies, appraisals, releases, statements, records, or other documents) in the investigation of claims.
37Attends arbitrations or mediations as necessary.
37May affect settlements / reserves within prescribed limits and submit recommendations where applicable.
37Ensures that claims payments are issued in a timely and accurate manner.
37Ensures 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.
37May provide technical advice to other functional areas.
37Other duties as assigned.
Job Requirements
37JD (Juris Doctorate) and current attorney license required.
37Generally, a minimum of 2 years of related experience.
37Experience in the areas of litigation, insurance coverage, employment practices, or claims adjusting would be a plus.
37Detail oriented, organized and possess strong analytical skills.
Business Unit:
Executive Liability
Salary Range:
$93,000.00 -$150,000.00
Benefits:
We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.
Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.
*Excludes seasonal employees and interns.
