Pension Risk Transfer Manager Jobs in Chicago, IL

Associate General Counsel, Risk Transfer Solutions (AGC RTS) is a legal resource within the Markel Claims Department, providing legal coverage and litigation support to claims professionals with respect to transferring, evaluating, accepting, or recovering tendered risk, and specialized legal advice for multiple insurance lines of business, with specific emphasis on risk transfer issues.

• Reviewing first- and third-party policies, specifically with regards to additional insured and insured contract provisions, as well as priority of coverage
• Reviewing insureds' contracts to assess Insurance and Indemnity obligations owed to and by the insured
• Providing legal advice to claims associates on tenders of coverage to insureds' policies, particularly as it pertains to whether or not such parties are additional insureds or contractual indemnitees
• Drafting correspondence both in response to tenders of coverage to insureds' policies and seeking coverage for insureds where risk transfer as an additional insured or indemnitee is appropriate
• Pursuing appropriate recovery for coverage owed for the defense or indemnity of an insured in its capacity as an additional insured under a policy or contractual indemnitee under contract
• Managing disputes and litigation over the duty to defend and/or duty to indemnify parties as potential additional insureds and contractual indemnitees
• Researching and keeping apprised of changes in the law, specifically regarding Anti-Indemnity Statutes
• Drafting and litigating actions seeking coverage owed to insureds in their capacity as additional insureds or contractual rights owed to the insureds as contractual indemnitees
• Mediating, negotiating, or litigating the recovery of defense and indemnity owed to the insured, as well as priority of coverage issues
• Working minimally with outside coverage counsel to advance risk transfer objectives
• Participating in strategic discussions on coverage matters involving multiple insureds and insurers
• Providing training on coverage issues to the Claims Department
• Communicating with defense counsel, coverage counsel, and other insurers to effectuate risk transfer and priority of coverage
• Communicating with our Underwriting partners regarding policy, contract and risk transfer assessment
• Preparing white papers on topics of interest (coverage related) as requested
• Preparing quarterly reports to Claims Management communicating key performance metrics, identifying action plans for training as needed, and identifying trends relating to risk transfer coverage issues
• Attending mediations, or settlement conferences on behalf of the Company

• J.D. Degree and active license to practice law in at least one state
• 4 to 8 years of recent coverage practice in a law firm or with an insurer, with emphasis on risk transfer, contractual interpretation, additional insured provisions, priority of coverage or equivalent combination of education and experience
• Experience litigating and drafting lawsuits
• Understanding of coverage issues/law in multiple jurisdictions is a must
• Extensive working knowledge of both admitted and surplus lines policies
• Excellent written and oral communication skills
• Ability to manage multiple priorities with little oversight
• Ability to analyze and summarize complex issues, recognize alternative approaches, and develop action plans both orally and in written form
• Ability to provide advice and interact with all business partners
• Travel required as necessary (~10%)
• US Work Authorization required. Markel does not provide visa sponsorship for this position

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.

Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com. No agencies please.