Position Overview
Claims Counsel is a mid-level Old Republic Professional (ORPRO) Claims Counsel focused on handling low to high severity files from notice to conclusion with moderate training, mentorship, oversight, and management by an ORPRO supervisor.
Job Responsibilities
- Manage and document activity for assigned claims, including coverage evaluation, investigation, and consideration of multiple factors to assess potential liability and exposure, presented with oversight by ORPRO supervisor or designated ORPRO Claims Counsel.
- Develop working knowledge of Old Republic policy forms, industry trends, and issues common to particular lines of insurance.
- Regularly identify and appropriately address relevant coverage issues under appropriate oversight by an ORPRO supervisor or designated ORPRO Claims Counsel.
- Draft insurance coverage correspondence and reports.
- Communicate claim activity with insureds, brokers, ORPRO Underwriters, and ORPRO senior claims management with oversight by ORPRO supervisor or designated ORPRO Claims Counsel.
- Maintain professional relationships with internal and external audiences.
- Identify and refer files necessitating escalated review as appropriate to the ORPRO supervisor or designated ORPRO Claims Counsel.
- Regularly identify and appropriately address relevant coverage issues.
- Develop action plans on assigned files to secure appropriate and timely resolution.
- Negotiate and settle claims with appropriate oversight by the ORPRO supervisor.
- Review, evaluate, request, and assign timely and appropriate reserves from file inception to resolution with appropriate oversight by the ORPRO supervisor.
- Assign, coordinate, and manage outside counsel and vendors with appropriate oversight from the ORPRO supervisor.
- Review and audit attorney and vendor invoices consistent with Company guidelines.
- Participate in mediations and settlement negotiations to resolve claims with oversight or independently as directed by the ORPRO supervisor.
- Active and meaningful participation in achieving appropriate claim outcomes with oversight by the ORPRO supervisor.
Qualifications
- An active license to practice law in good standing.
- Minimum 3 years of relevant insurance, claims-related, or law firm experience preferred.
- Private practice litigation experience preferred.
- Experienced claims handler.
- Professional Management Liability 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 the 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 a 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.
Location: Downtown – Chicago, IL
Job Type: Full-time
Remote Work: Hybrid, minimum 3 days in the office to promote collaboration and interaction with associates onsite.
Salary Range
$150,000 - $200,000 base salary, plus eligibility for additional bonus incentive program.
About Old Republic Professional (ORPRO™)
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 40 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.