Legal Risk Management Specialist

2 weeks ago

New York, New York, United States Zurich Insurance Company Ltd. Full time

Zurich Insurance Company Ltd. is seeking a Legal Risk Management Specialist to join our Management Solutions team within one of our US Claims Offices.


As a global leader in the insurance industry, we prioritize a healthy work/life balance and offer a comprehensive benefits package, including a 401K match and additional company contributions, flexible working arrangements, and a supportive corporate culture.


The Legal Risk Management Specialist will operate under limited supervision, managing claims related to public company Directors and Officers (D&O), fiduciary responsibilities, and transactional risks that are of moderate to high complexity and value.


The ideal candidate will possess a strong background in reviewing legal documents, including complaints and discovery materials, as well as experience in arbitration demands, coverage assessments, exposure determination, and reserve setting.


Key responsibilities include:

  • Conducting thorough analyses of coverage, liability, and damages.
  • Engaging in mediation processes and negotiating settlements.
  • Drafting reservation of rights and coverage denial communications.
  • Informing underwriters of any claim-related issues.
  • Preparing case summary reports for significant reserve adjustments and trial preparations.
  • Overseeing the activities of defense counsel.


Basic Qualifications:

  • Juris Doctor degree with a minimum of 5 years of experience in the legal field.
  • 5 or more years of legal practice experience specifically in the insurance sector.
  • Must obtain and maintain necessary adjuster licenses.
  • Experience in insurance claims and familiarity with the legal and regulatory landscape.
  • Proven negotiation and customer service skills.
  • Proficiency in Microsoft Office applications.


Preferred Qualifications:

  • Active member of the Bar.
  • Claims handling experience with at least 5 years in professional liability, D&O, and/or insurance coverage defense.
  • Strong analytical and communication skills.
  • Ability to manage multiple tasks effectively.
  • Excellent organizational and time management abilities.
  • Capability to work independently and collaborate across various teams.
  • Possession of insurance designations such as SCLA, CPCU, or AIC.


At Zurich, we recognize the importance of flexibility and work-life balance, and we are committed to providing our employees with a supportive environment that fosters growth and development.


Join us in shaping the future of the insurance industry and contributing to a diverse and inclusive workplace that values unique perspectives and experiences.

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