Coverage Lead - Litigation

Company:  Munich Re America
Location: Princeton
Closing Date: 19/10/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Coverage Lead - Litigation

Company
Munich Re America
Location
Princeton , United States

We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

The Company

Munich Re Specialty North America provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients’ needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks.

Munich Re Specialty North America is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America.

The Opportunity

The Coverage Lead - Litigation is an important role in MRSNA’s Claims Department. The Coverage Lead - Litigation is responsible for managing insurance coverage and bad faith litigation against the company. The position will manage litigation brought under commercial general liability, professional liability and first party property lines of coverage. The candidate should have strong analytical skills, the ability to foresee and weigh all the potential implications of a decision and be able to manage multiple tasks and priorities.

Responsibilities:

  • Manage insurance coverage and bad faith litigation brought against the company
  • Oversee & direct outside counsel handling litigation against the company
  • Review and comment on pleadings and discovery prepared by outside counsel
  • Prepare company witnesses for depositions
  • Participate in strategic discussions on coverage issues with Claims Team and internal stakeholders, including Claims Leadership Team, Corporate Underwriting and Underwriting
  • Monitor insurance coverage case law nationally, and notify internal stakeholders of developments
  • Provide training to claim professionals on coverage matters
  • Consistently look for ways to improve efficiencies and outcomes in relation to coverage litigation against the company

Job Requirements:

  • JD required
  • 9+ years of experience litigating insurance coverage disputes and bad faith claims preferred
  • Extensive experience in all aspects of litigation, including preparing pleadings, motion practice, all facets of discovery and trial preparation
  • Excellent written and oral communication skills
  • Very strong understanding of insurance coverage issues and law
  • Experience in addressing coverage matters under first party property coverage and commercial general liability coverage
  • Ability to manage multiple matters
  • Diplomatic, confident, and collaborative
  • Willingness to travel for meetings with claims teams, and attend mediations and trials (approximately 10%)

This position is being offered in several of our office locations, including Princeton, NJ; Philadelphia, PA; Atlanta, GA and Chicago, IL.

At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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