Associate Claims Attorney/Claims Attorney

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.

Our Executive Liability Division underwrites Directors’ and Officers’ Liability Insurance, Employment Practices Liability Insurance, and Fiduciary Liability Insurance for public, private and not for profit companies. The Executive Liability Division is searching for an Associate Claims Attorney or a Claims Attorney depending on background and experience. The person hired for this position will work from either the Schaumburg, IL office, or downtown Chicago office, which both offer a hybrid work from home opportunity.  

Essential Job Functions and Responsibilities

As a member of our Claims Department, you will be responsible for handling an inventory of claim files.  Duties may include:  

• Performs detailed analysis of each claim.
• Evaluates coverage and liability, issues written coverage opinions and monitors all aspects of the file while working toward resolution of the claim; including hiring, monitoring and paying defense counsel. 
• Develops and implements claim litigation and resolution strategies.
• Provides information to underwriters and reinsurers on specific claims or insureds and legal trends and issues which affect the business.
• Secures and analyzes necessary information (i.e., reports, policies, appraisals, releases, statements, records, or other documents) in the investigation of claims.
• Attends arbitrations or mediations as necessary.
• May affect settlements / reserves within prescribed limits and submit recommendations where applicable. 
• Ensures that claims payments are issued in a timely and accurate manner. 
• Ensures that claims handling is conducted in compliance with applicable statutes, regulations, and other legal requirements, and that all applicable company procedures and policies are followed.
• May provide technical advice to other functional areas.
• Other duties as assigned.

Job Requirements

• JD (Juris Doctorate) and current attorney license required.
• Generally, 2 to 6 years of related experience.
• Experience in the areas of litigation, insurance coverage, employment practices, or claims adjusting would be a plus.
• Detail oriented, organized and possess strong analytical skills.

Scope of Job/Qualifications: Works within significant limits and authority on assignments of higher technical complexity and coordination. Demonstrates strong analytical, negotiation, and problem-solving skills. Demonstrates knowledge of insurance policies, coverage, and claims handling procedures. Maintains knowledge of industry laws and regulations. Excellent interpersonal and communication skills with the ability to build relationships. Proven ability to handle confidential information with discretion. This position does not counsel the company.

Business Unit:

Salary Range:

Benefits:

Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.

We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.

Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.