Insurance Counsel
Company Details:
Berkley One exists to insure and protect the lifestyles of a modern generation of affluence. We seek clients that are sophisticated individuals and families who require world-class risk and claims management customized to their needs, a team of select expert independent agents and innovative digital tools to keep it simple and easy.We’ll blend our partners, products and capabilities with all that is Berkley, generating a modern solution for the customers we serve.
Our culture is one of innovation, creativity and teamwork. Our team is highly motivated, passionate about our business, and deeply experienced in developing and delivering product and service solutions in the personal insurance marketplace.
The company is an equal opportunity employer.
Responsibilities:
We have an opportunity for an Insurance Counsel to join our Berkley One team! In this role, you will report directly to the Berkley One General Counsel and provide support in all Legal, Compliance, and regulatory matters.
This position will be based in our Morristown, NJ office - 4 days in the office, 1 day remote
We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results.Come join us!
Key functions include but are not limited to:
- Administer the process for implementing changes in state law as they relate to products, pricing and other insurance-specific processes
- Perform the legal work necessary to stand up new states/geographies
- Manage the Manuscript Endorsement process for filing and tracking
- Handle/Oversee Consumer Complaints
- Manage processes for customer-impacting issues including Credit-related adverse action inquiries, Privacy Risk Incidents and Recoveries
- Manage the Agency Termination process
- Manage the state filings function (and the Compliance Specialist/State Filer) to ensure timely and accurate filings and the development/maintenance of relationships with our state insurance regulators
- Manage the internal process for such regulatory functions as Cancellations and Non-Renewals and sanctions screening
- Liaise with Berkley One and Corporate groups to ensure consistency across the organization as to legal approach, communication with state insurance regulators and management of W. R. Berkley Corporation insurance company regulatory matters
- Perform Ad-hoc insurance or related research when requested by internal stakeholders
- Other projects, initiatives, and work as assigned
Qualifications:
- Bachelors’ degree or equivalent industry experience required
- 5+ years’ significant experience in insurance litigation, claims litigation, coverage disputes or insurance defense work; or in-house at an insurance carrier; or as a compliance professional in the insurance industry
- Licensed attorney in at least one state
- Proficiency with System for Electronic Rate and Form Filing (SERFF) preferred, but not required
- High Net Worth personal lines insurance experience preferred, but not required
- Empathy and understanding of the needs of our customers, both insureds and their agents; an excellent, pro-active advocate for Berkley One
- Exceptional oral and written communication skills with a communication style that is flexible to the situation; able to communicate clearly and with purpose
- Thrives under pressure, with exceptional organizational skills, integrity, and follow-through on tasks; works collaboratively with colleagues at all levels of the organization
- Strong written and verbal communications skills with great attention to detail
- Demonstrated and proven project management leadership skills including critical ability to coordinate and balance multiple projects in a time-sensitive environment
- Proficiency with Microsoft Office Suite
Additional Company Details: We do not accept any unsolicited resumes from external recruiting firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details: Sponsorship not Offered for this Role