Complex Claims Director, Specialty & Financial Lines

Definity Financial$130K — $180K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Juris Doctor (LLB/JD) required; must be a qualified legal practitioner in the employment province.
  • Minimum 3 years as a lawyer or claims handler; 4+ years preferred.
  • Experience in Financial Lines insurance, specifically in privacy/cyber and D&O liability.
  • Strong negotiation abilities in litigation and non-litigation situations.
  • Proficient in drafting legal documents and conveying complex legal advice effectively.
  • Bilingual in English and French preferred, with excellent communication skills.
  • Technical proficiency in MS Office and overall strong technical skills.

Responsibilities

  • Conduct coverage analysis and manage moderate to high-severity claims with some supervision.
  • Prepare management reports detailing loss development and claims strategies.
  • Identify and coordinate recovery efforts related to claims.
  • Manage payments to outside counsel, adhering to litigation management budgets.
  • Provide legal expertise to underwriters affecting their decisions.
  • Draft and review moderately complex legal documents relevant to claims.
  • Negotiate settlements by utilizing legal factors relating to liability and damages.

Benefits

  • Hybrid work schedule for flexibility.
  • Company share ownership program.
  • Eligibility for performance-based incentive plans.
  • Pension plans with company-matched RRSP contributions.
  • Paid volunteer days and matching for charitable donations.
  • Educational resources and tuition assistance available.
  • Support programs focused on inclusion and diversity, including gender affirmation and access to BIPOC counsellors.
  • Wellness and recognition initiatives.
  • Product and service discounts available.
Full Job Description
Job Description

The Opportunity

The Complex Claim Director is a lawyer responsible for managing claims under various policies, including cyber liability, directors' and officers' liability, employment practices liability, fidelity and crime, and other miscellaneous professional liability policies.

The Complex Claim Director is responsible for conducting thorough coverage analyses, investigations, evaluations, and dispositions of claims to achieve superior customer service and results. This role effectively manages assigned Financial Lines claims of moderate severity or complexity while interacting and collaborating with claim and underwriting colleagues.

What to Expect
  • Conduct thorough coverage analysis, investigation, negotiation, and resolution for moderate to high-severity claims with moderate supervision.
  • Prepare reports for management that accurately reflect loss development, potential financial exposure, coverage issues, and claim strategies.
  • Identify and coordinate all recovery opportunities and efforts.
  • Retain, monitor, manage, and approve payments to outside counsel for routine litigation matters, actively using litigation management plans and budgets.
  • Answer legal questions from underwriters that impact underwriting decisions, combining legal research with knowledge gained from claim-handling experience.
  • Review and draft moderately complex documents, including coverage and reservation of rights letters, releases, and settlement agreements.
  • Negotiate settlements and resolutions, both directly and through counsel, using legal arguments relevant to liability, damages, and coverage.
  • Draft reference materials to help claim and underwriting colleagues understand laws impacting underwriting and claim decisions.


What you Bring
  • Bachelor's degree and a Juris Doctor (LLB/JD) are required.
  • Must be a duly qualified practitioner of law in the province of employment.
  • Bilingualism (English and French) is preferred, with strong verbal and written communication skills in both languages.
  • A minimum of 3 years of experience as a lawyer (in-house or private practice) or in claims handling is required; 4+ years of experience is preferred.
  • Prior Financial Lines insurance experience in privacy/cyber, directors' and officers' liability, and errors and omissions liability is ideal.
  • Strong negotiation skills and strategies for both litigation and non-litigation contexts.
  • Proficiency in drafting transactional documents and communicating legal advice effectively to various stakeholders.
  • Demonstrated ability to work through conflict and resolve issues with a professional demeanor.
  • Proficiency in MS Office and strong overall technical aptitude.


Salary Range: $130,000 - $180,000

High degree of proficiency with English required to service customers, both internal to the company and external, across Canada.

Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.

This position is being posted to fill an existing vacancy.

Interested in this role, but don't meet every requirement? We encourage you to apply! We know from experience that a candidate doesn't need 100% of the qualifications listed to bring incredible value to our team. We're actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren't just "nice to have" - they're essential to our success.

What's in it for you?
  • Hybrid work schedule for most roles
  • Company share ownership program
  • Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
  • Pension and savings programs, with company-matched RRSP contributions
  • Paid volunteer days and company matching on charitable donations
  • Educational resources, tuition assistance, and paid time off to study for exams
  • Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
  • Wellness and recognition programs
  • Discounts on products and services

Go ahead and expect a lot - you deserve it.

#LI-Hybrid

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It's better here.

About Definity Financial

Definity Financial Careers

Joining Definity Financial presents an unparalleled opportunity to become part of a leading team of professionals in the financial services industry. This is a prime time for candidates to explore the diverse job opportunities at Definity Financial, a company renowned for its commitment to innovation, leadership, and professional growth.

Explore Career Opportunities

Definity Financial is actively seeking talented individuals for various positions across the company. From entry-level roles to senior leadership positions, Definity Financial offers a dynamic work environment where career growth is encouraged and supported by comprehensive benefits and diversity training programs.

Innovation and Professional Growth

At Definity Financial, innovation isn't just a buzzword; it's the cornerstone of the company's operations. Employees are encouraged to bring fresh ideas and perspectives to the table, driving the company forward in the competitive financial sector. Professional growth is facilitated through targeted training programs, leadership development opportunities, and active networking events that connect employees with industry leaders.

Cultivating a Diverse and Inclusive Culture

Definity Financial is committed to fostering a diverse and inclusive culture where all team members feel valued and respected. The company believes that diversity fuels innovation and enhances the team's ability to address client needs effectively. Through comprehensive diversity training and inclusive hiring practices, Definity Financial ensures that all employees have the opportunity to succeed.

Internship Programs and Entry-Level Positions

For those starting their careers, Definity Financial offers robust internship and entry-level positions that provide hands-on experience in the financial sector. Interns at Definity Financial gain invaluable insights into the industry, working alongside seasoned professionals and participating in projects that have real-world impact.

Benefits and Employee Well-being

Employees at Definity Financial enjoy a range of benefits designed to support their health, well-being, and financial security. The company's benefits package includes health insurance, retirement plans, and flexible working arrangements, ensuring that employees can balance professional and personal commitments effectively.

Join the Definity Financial Team

Definity Financial is hiring! Explore open positions that match your skills and interests. The company is looking for passionate, curious, and solution-driven team players. Whether you are refining your resume, preparing for an interview, or seeking to advance your career, Definity Financial offers a supportive environment where your ambitions can take flight.

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