AVP, Claims & Regulatory Counsel

AVP, Claims & Regulatory Counsel page is loaded## AVP, Claims & Regulatory Counsel locations:
Raleigh NC:
Alpharetta GA:
Naperville ILtime type:
Full time posted on:
Posted Todayjob requisition :
JR100195

IAT Insurance Group has an immediate opening for an AVP, Claims & Regulatory Counsel in the Claims Legal Department that can be located in Naperville, Illinois;
Alpharetta, Georgia, or Raleigh, North Carolina.  This management role will oversee a team of in-house attorneys and support both the Property and Casualty Claims Department in the handling of extra-contractual litigation against the company arising from first-party property and third-party liability claims.  Specifically, this role manages a team of attorneys tasked with overseeing litigation that has significant financial exposure under our commercial and homeowner’s property policies, commercial transportation policies, and general liability policies.  

The role also ensures compliance with federal state, and local regulations, monitors audits and regulatory proceedings, and provides guidance to various departments concerning regulatory requirements.  The ideal candidate for this role will be a highly experienced coverage attorney with a Juris Doctorate degree and extensive experience handling first-party and third-party claims and litigation on a nationwide basis.

The role works a hybrid schedule from an IAT Office in Raleigh, North Carolina, Alpharetta, Georgia, or Naperville, Illinois.  The hybrid schedule reflects our values (thinking and acting like an owner, collaboration, and teamwork) as it requires working from the office with colleagues and other disciplines Monday through Wednesday, with the option of working Thursday and Friday remotely.
*
* Key Responsibilities:

*** A dedicated legal advisor and leader managing a team of in-house attorneys tasked with overseeing litigation against the Company, providing legal guidance, coverage opinions, and strategic recommendations to first- and third-party Claims and Underwriting business units, including Homeowners, Commercial Property, Commercial Transportation, General Liability, Excess and Surplus Lines, Aviation, and Management Liability.
* Serve as in-house counsel responsible for overseeing and driving successful outcomes for the Company in extra-contractual litigation, Declaratory Judgment actions, rescission lawsuits, and various other coverage disputes.
* Serve as in-house counsel responsible for responding to Legal and Regulatory Matters for Property and Casualty Claims.
* Provide legal advice and regulatory opinions to be used by Claims, Underwriting, and other internal business partners.
* Advise Claims and Underwriting of statutory and legal developments and emerging trends impacting the insurance industry regulations and Department of Insurance mandates.
* ** Team Management:
** Management role working in a congenial and collaborative team environment.  Demonstrate agile leadership that quickly responds to dynamic changes in insurance risk management.
* ** Litigation:
** Oversee a team of in-house attorneys and outside counsel to develop litigation strategies in defense of the Company and drive favorable outcomes in nationwide extra-contractual lawsuits.
* ** Legal Advisor:
** Collaborate with other members of the Legal Department, internal business leaders, and insurance professionals to tackle complex legal and coverage questions.  Develop creative and effective legal strategies that support business goals and initiatives.
* ** Regulatory Compliance**:
Monitor and ensure Company compliance with federal, state, and local regulations.  Stay updated on changes in laws and regulations that may affect the Company, its claims handling, and business practices.
* ** Policy Development**:
Work in conjunction with other leaders in the Legal Department to develop, implement, and maintain compliance policies and procedures.
* ** Training and Education**:
Develop and deliver training programs to educate employees on compliance-related topics and promote a culture of compliance within the Company.
* ** Audits and Assessments**:
When necessary, interface with internal and external stakeholders to…