Coverage Lead, Litigation

Company: Munich Re
Location: Philadelphia
Posted on: January 27, 2023

Job Description:

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 Insurance (MRSI) 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 Insurance (MRSI) 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. For more information on MRSI, including licensing, regulatory-required, and other information on the operating companies, visit https://www.munichre.com/us-non-life/en/general/munich-re-specialty-insurance-disclosures.html

The Opportunity

The Coverage Lead for Litigation is an important role in MRSI's growing Claims Department. The Coverage Lead for Litigation is responsible for directly managing insurance coverage and bad faith litigation against the company. The position will manage litigation brought under a variety of lines of coverage (casualty, professional, financial, public entity and first-party property). The candidate should have strong analytical skills, the ability to foresee and weigh all of the potential implications of a decision, and be able to manage multiple tasks and priorities.

Major responsibilities include:

* Manage insurance coverage and bad faith litigation brought against the company
* Direct outside counsel handling litigation against the company
* Review and approve 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 looks for ways to improve efficiencies and outcomes in relation to coverage litigation against the company

Your profile

Successful candidates will be possess the following Experience, skills/capabilities:

* 9 years + of experience litigating insurance coverage disputes and bad faith claims
* 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 nationally
* Experience in addressing coverage matters under various lines of business, including commercial general liability, professional liability and first party property
* Ability to manage multiple matters
* Diplomatic, confident and collaborative

Willingness to travel for meetings with claims teams throughout the country and mediations (approximately 20%)

At Munich Re US, we see Diversity 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 recruit and develop talent with a focus on providing our customers the most innovative products and services.

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

About us

Founded in 1917, Munich Reinsurance America, Inc. is one of the largest reinsurers in the United States. Munich Reinsurance America, Inc. has earned the A+ (Superior) financial strength rating from A.M. Best Company - that's among the highest in the industry. Over 1,000 employees serve our clients from our Princeton, New Jersey campus and regional offices throughout the United States.

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help you stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

Keywords: Munich Re, Philadelphia , Coverage Lead, Litigation, Legal , Philadelphia, Pennsylvania