Senior Financial Claims Analyst
- Toronto, ON, Canada
Contract
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Job details
- Job type
- Contract
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- Posting language
- English
- Posted
Original job description
Location: Toronto, ON / Montreal, H3A 3H3
Qualifications:
- Manage a variety of complex commercial claims such as D&O lawsuits, professional liability claims, shareholder disputes, employment litigation, regulatory actions, fraud investigations, alleged breaches of contractual representations and warranties, cybersecurity breaches, and privacy actions
- Analyze insurance coverage and issue coverage positions relating to a range of specialty commercial insurance policies, such as Director & Officers Liability, Professional Liability, Employment Practices Liability, Fidelity, Pension Liability, M&A/Representations & Warranties Insurance, and Cyber Insurance
- Assess financial exposure on claims, set reserves, and conduct presentations to senior management on high exposure losses
- Monitor external counsel and ensure compliance with litigation guidelines
- Provide guidance to Financial Lines underwriters and share information that may impact their risk assessment to ensure business alignment
- Provide optimal claims service to clients and broker partners
- Collaborate on litigation strategy and attend mediations and pre-trial conferences
- Negotiate and settle claims within your prescribed authority
- Law degree with 3+ years of legal practice.
More about this job
Responsibilities
Manage complex commercial claims, analyze coverage, assess financial exposure, set reserves, and negotiate settlements. Oversee external counsel and litigation strategy, support underwriters with risk-relevant information, and provide claims service to clients and brokers.
Requirements
Requires a law degree and at least three years of legal practice. The role involves handling complex specialty insurance claims and requires experience or capability in coverage analysis, litigation oversight, financial assessment, and settlement negotiation.
Skills
- Commercial Claims Management
- Insurance Coverage Analysis
- Financial Exposure Assessment
- Claims Reserving
- Litigation Management
- External Counsel Oversight
- Financial Lines Underwriting Support
- Client Service
- Broker Relations
- Litigation Strategy
- Mediation
- Pre-Trial Conferences
- Claims Negotiation
- Claims Settlement
- Legal Practice
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Legal
Keywords
- Commercial Claims
- Directors and Officers Liability
- Professional Liability
- Fidelity Insurance
- Pension Liability
- Mergers and Acquisitions Insurance
- Representations and Warranties Insurance
- Cyber Insurance
- Insurance Coverage
- Coverage Positions
- Financial Exposure
- Claims Reserves
- Litigation Guidelines
- External Counsel
- Financial Lines Underwriting
- Risk Assessment
- Shareholder Disputes
- Employment Litigation
- Regulatory Actions
- Fraud Investigations
- Contractual Representations and Warranties
- Cybersecurity Breaches
- Privacy Actions
- Mediations
- Pre-Trial Conferences
- Claims Negotiation
- Claims Settlement