Financial Lines Claims Counsel

MSIG USA continues to grow!  Company Overview: MSIG USA is the US-based subsidiary of  MS&AD Insurance Group Holdings, Inc. , one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks. Summary : As the Financial Lines portfolio continues to grow, the Financial Lines Claims Counsel will play a meaningful role in the development of the Financial Lines Claims organization. This position manages high-exposure and complex Financial Lines claims and brings deep expertise in Financial Lines coverage and claims handling. The role focuses primarily on Directors & Officers (D&O), Financial Institutions Professional Liability (E&O), Employment Practices Liability (EPL), Fiduciary, and Fidelity claims, including complex litigation, class actions, securities matters, and high-severity financial loss exposures. The position offers significant autonomy, visibility, and the ability to influence claim outcomes and the continued expansion of the business. Essential Functions : Manage a diverse portfolio of complex Financial Lines claims from initial notice through resolution. Analyze coverage, liability, damages, and exposure issues, establish appropriate reserves, and provide accurate claim assessments involving D&O, Financial Institutions E&O, EPL, Fiduciary, and Fidelity policies. Draft coverage position letters, reservation of rights letters, and other claim-related communications. Evaluate and manage high-severity matters, including securities litigation, class actions, regulatory investigations, and complex commercial disputes. Develop and execute strategic claim resolution plans, including settlement negotiations within delegated authority and escalation of matters requiring higher-level approval. Coordinate with outside counsel on litigation strategy while controlling legal spend. Collaborate with underwriting, actuarial, legal, and senior leadership on emerging risks, claim trends, and portfolio performance. Build and maintain strong relationships with insureds, brokers, defense counsel, and business partners. Prepare claim summaries, authority requests, and management reports while maintaining accurate claim documentation and file records in accordance with company and regulatory requirements. Contribute to the continued growth and development of the Financial Lines claims operation. Education and Experience : Juris Doctor (JD) from an accredited law school. Active bar admission in at least one U.S. jurisdiction and in good standing. 7+ years of experience handling Financial Lines claims, coverage litigation, or complex commercial litigation. Strong knowledge of D&O, Financial Institutions E&O, EPL, Fiduciary, and Fidelity coverages. Experience evaluating complex …