Texas Capital Bank

Claims Counsel

Texas Capital Bank$114K — $190K *
Legal & Accounting
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and JD from an accredited law school required
  • Active member of any CIG operating state bar (AZ, CA, NV, OR, WA)
  • Minimum of 8 years in property and casualty insurance
  • Experience in an insurance company claims department or law firm setting
  • First Party Property experience preferred
  • CPCU designation preferred
  • Valid driver's license with acceptable driving record

Responsibilities

  • Consult with claims staff on coverage and indemnification issues
  • Identify coverage issues requiring outside counsel and collaborate with them
  • Handle some policyholder suits and assist outside counsel in litigation
  • Train claims staff on jurisdictional and Fair Claims Practices
  • Respond to insurance claims inquiries from various departments
  • Track claim files and manage organization of cases
  • Participate in claims topic discussions and follow up on action items

Benefits

  • Accrue 21 days of Paid Time Off in the first year
  • CIG covers up to 87% of medical, dental, and vision benefits
  • 100% coverage for Basic Life & AD&D, Employee Assistance, and Disability plans
  • Nine paid holidays and two floating holidays
  • Discount partnerships for various services like gym memberships and travel
Full Job Description
Benefits
  • Accrue twenty-one days of Paid Time Off during your first year
  • Up to eighty-seven percent of benefits covered by CIG for you and your family members
    • Medical, dental, vision plans
  • One hundred percent covered plans
    • Basic Life & AD&D
    • Employee Assistance
    • Leave Management
    • Long Term Disability
    • Short Term Disability (Outside of CA)
  • Family Caregiver Support (Homethrive)
  • Child Care Resources (Tootris)
  • Business Travel Accident Protection
  • Voluntary benefit offerings
    • Short-term (CA only)
    • Voluntary Life AD&D self, spouse and child plans
    • Flexible Spending
    • Health Savings (HSA)
    • Hospital Indemnity
    • Accidental Injury
  • Critical Illness
  • ARAG Legal Services
  • Norton LifeLock
  • Nine paid holidays, plus two floating holidays
  • Above and Beyond Reward Recognition Program
    • Kudos & Shout Out Points Program
    • Quarterly Above and Beyond Bonus Program
    • Annual Above and Beyond Bonus Program
  • Competitive compensation
    • Base compensation
    • Salary Management Spot Bonuses
    • Annual Incentive/Profit sharing program, potential payout annually based on company results.
  • Discount partnerships
    • Gym memberships, credit union, travel, shopping, restaurants, theme parks, and more
  • Insurance Educational reimbursement and bonus programs
  • Employee Referral Bonus Program
  • You have a voice! You are encouraged to share your voice through multiple channels, get involved with our Employee Experience and DEI committees to drive and continue the health and wellbeing of our organization for everyone.
  • Home and Auto Insurance Discount Program.
  • Paid Volunteer Time - Through company planned community events and choose your own adventure PVT in giving back in ways that are meaningful to you!
  • Retirement savings benefit (401k and Roth + match)
  • Health & Financial Wellness
    • Wellness platform, tools and events
    • Health Savings Account - match
    • Financial Wellness Resources

Work Environment & Format:

This is a hybrid-eligible position, where Monday through Wednesday would be working in one of our offices, with Thursday and Friday eligible for work-from-home days. Office locations include: Monterey (CA), Roseville (CA), Phoenix (AZ), and Spokane (WA).

Job Overview:

Under general supervision, this position will be part of the Claims Legal team, which will provide settlement authority and general strategic support for claims/exposures that exceed the line unit's authority. The position encompasses a variety of responsibilities that include the analysis of unique jurisdictional concerns and ensuring consistency in claims positions. Overall, this position will assist in consulting on complex claim files that are reported to Claims Legal.

Responsibilities:
  • Responsible for consultation with claims staff in a variety of claims issues, including but not limited to, coverage, indemnification, policy limit demand reviews, indemnity agreement review, release language review.
  • Identifies coverage issues which require assignment to outside counsel and works with outside counsel as needed.
  • Directly handle some policyholder suits against the company and work with outside counsel in managing the litigation. Will need to attend mediations as needed.
  • Assists in training to claims staff on various jurisdictional issues and/or Fair Claims Practices training.
  • Respond to insurance claims questions from a variety of departments.
  • Works closely as part of the Claims Legal team in providing outstanding service to claims staff.
  • Responsible for tracking claim files reported to Claims Legal - ability to stay organized, and diary cases for future follow-up.
  • Participate in roundtable discussions on a variety of claims topics, including trial authority, and taking the lead on future follow-up of action items.
  • Will work collaboratively with current Panel Counsel to ensure consistency of service to CIG insureds. May also participate and/or take the lead in identifying new firms to join Panel list.
  • Work with Analyst in Claims Legal in ensuring consistency of Reinsurance reporting as required.
  • Ability to analyze complex insurance claims situations and develop recommendations to be shared with claims staff.
  • Ability to handle conflicting requests from multiple stakeholders in a fast-paced environment while paying attention to detail.
  • Good communication and interpersonal skills, ability to work independently and in a team setting.
  • Ability to interface with multiple levels of the organization.
  • Ability to travel (
  • Ability to stay organized and manage time effectively in order to manage competing priorities.
  • Have effective research skills and ability to stay current with changes in case law and regulatory changes.
  • Job description is not prescriptive, but rather a guide as to the duties and responsibilities you will have, however it is not limited to the listed above.

Minimum Requirements:
  • Bachelor's degree and JD from an accredited law school required.
  • Member in good standing of any CIG operating state (Arizona, California, Nevada, Oregon, Washington) bar required.
  • Minimum of 8 years' experience in property and casualty insurance required.
  • Experience working inside insurance company claims department and/or law firm setting required.
  • First Party Property experience strongly preferred.
  • Experience advising on or litigating first party property coverage issues strongly preferred.
  • Experience with adjustment and/or oversight of complex claims is strongly preferred.
  • Experience in following jurisdictions preferred: California and Washington.
  • CPCU preferred.
  • A valid driver's license may be required.
  • Candidates must be authorized to work in the United States without the need for current or future visa sponsorship.

Salary Range: $114,364.00 - $190,607.00

The salary range listed here has been provided to comply with local regulations and represents a potential base salary range for this role. Please note that actual salaries may vary within the range above or below, depending on experience and location. We look at compensation for each individual and base our offer on your unique qualifications, experience, and expected contributions. This position may also be eligible for other types of compensation in addition to base salary, such as benefits and bonus programs.

About Texas Capital Bank

Texas Capital Bank is a commercial bank that provides a range of financial services to businesses and individuals. The bank was founded in 1998 and is headquartered in Dallas, Texas. Texas Capital Bank has over 1,500 employees and operates branches in several states, including Texas, California, and New York. The bank offers a variety of services, including commercial lending, treasury management, and wealth management.
Learn more about Texas Capital Bank
Size
1,500 employees
Industry
Founded
1998

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