Senior Claims Counsel

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November 17

🗻 New Hampshire – Remote

Although this job is listed in New Hampshire, this company may be open to hiring remote in other states.

⏰ Full Time

🟠 Senior

🧑‍⚖️ General Counsel

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Compre Group

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Compre is a leading legacy specialist with over 30 years of experience in the acquisition and management of insurance and reinsurance companies and portfolios in run-off. Compre is a business with operations in Finland, Germany, Malta, Bermuda, Switzerland the US, and UK. We have local relationships with counterparties across the whole of Europe and North America.Our key objective is to secure legal, financial and operational finality for insurers and reinsurers seeking to exit their legacy exposures. We aim to do this using a collaborative approach that ensures our solutions get to the heart of the problems that our counterparties face.Track RecordCompre completed its first run-off company acquisition in 1994 and to date has completed:• 11 company acquisitions in Finland, Germany, Sweden, Switzerland and the UK• 34 individual business portfolio acquisitions in Belgium, Denmark, Finland, France, Germany, Luxembourg, Ireland, Portugal, Norway, Sweden, and the UK.The companies we have acquired business from include: Allianz, Axa, Generali, Gjensidige, HSBC, QBE and Swiss Re.We have been consistently trusted by major financial institutions for over 30 years to deliver complex finality solutions and manage their future claims.

51 - 200 employees

📋 Description

• Partner with and provide legal advice to Claims Department on claims coverage and/or strategy • Manage outside counsel relative to specific disputed matters on Ceded, Assumed and Direct claims • Provide LPT and Service Agreement legal review, analysis, and interpretation • Handle litigation and disputes involving the company through resolution • Monitor caselaw on coverage issues and advise stakeholders of developments • Draft and/or review settlement agreements • Display knowledge of review and analysis of complex coverage and contract issues and understanding of underlying claims • Help develop and manage panel counsel and assess performance to provide feedback to claims management, particularly with coverage and reinsurance counsel • Provide technical assistance for the due diligence process for new acquisitions, including the assessment of claims legal-related risks and opportunities, reporting findings within the agreed format and required deadlines. • Evaluate the merit of affirmative claims and advise on pursuit, including cost benefit analysis • Collaborate on compliance and regulatory monitoring, development and implementation • Develop and draft U.S. legal, insurance regulatory and compliance best practices and guidelines

🎯 Requirements

• Minimum of 10+ years of handling insurance and reinsurance-related complex claims matters • Law degree with relevant insurance/reinsurance experience • Experience in managing disputes, including managing outside counsel • Strong understanding of the reinsurance legacy market • Experience drafting and interpreting legal documents • Demonstrates ability and flexibility in a dynamic environment • Exceptional knowledge of key terms and conditions in contracts / policies and general knowledge of key legal position in relevant jurisdictions • Effective verbal and written communication skills

🏖️ Benefits

• Make an impact in a collaborative environment with some of the best talent in the industry, while enjoying: • · Flex First • o Empowering employees to thrive in any location. Our innovative Flex First approach enables employees to perform to their full potential, regardless of their location, while fostering a sense of community through regular events and collaboration. • · Benefits • o Competitive salary and bonus eligible • o Medical, EAP, dental, & vision insurance for individuals and families • o Company funded Life Insurance • o 401k with Company Match • o Company Off-Site Meetings • o Remote Worker Expenses • o Health and Wellbeing Programs • o Employee Referral Program • · Personal Development • o Advancing your professional development through ongoing learning opportunities. • · Time Off • o Generous vacation and holiday schedule STD & LTD coverage