Reinsurance Specialist jobs in New Hampshire

Job Title

Litigation and Reinsurance Attorney

Location

Hybrid (Manchester, NH) or US Remote

Department

Insurance Operations

FLSA Status

Exempt

Sub-Group

APOl Liabilities

Job Code

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Reports To

Director, APO Legal Services

Pay Grade

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Document Date

5/21/2024

Summary

This position reports to the Director, APO Legal Services and requires an attorney experienced in complex, high exposure litigation and with a strong background in insurance coverage, reinsurance disputes, and/or insurance defense. The position is responsible for analyzing and interpreting policies issued by dozens of Affiliates over the past eighty-plus years and providing tactical guidance to team members and external counsel. The successful candidate will be responsible for developing and executing strategy for each assigned action that often involves millions of dollars of Affiliate coverage.  Litigation and Reinsurance Attorneys direct complex coverage litigation and arbitration proceedings across the United States, the UK, and Canada. Representative cases and arbitrations include ceded and assumed disputes, long-tail asbestos, talc, PFAS/PFOA, sexual abuse, opioid, pollution and other latent injury matters, and emerging mass torts.

Essential Functions

• Consistently delivers positive and timely results for RiverStone Affiliates, including by evaluating and positioning Affiliates with respect to complex, high exposure matters and resolving such matters on commercially reasonable terms.
• Consistently evidences excellent judgment concerning objectives, action plans, other associates, outside partners, and adversaries.
• Effectively represents RiverStone externally, including in coordinating RiverStone initiatives with co-carriers.
• Provides legal counsel and support for making informed and timely decisions regarding complex, high exposure claims and claim types.
• Ensures development and implementation of consistent company positions on key issues and key claim types.
• Consistently evidences disciplined analysis (legal, financial, and strategic/tactical) and displays a mastery of substantive litigation-related responsibilities, including:
  • Actuarially assisted modeling (sizing and valuation) of Affiliate’s exposure
  • Defining and executing resolution plans on complex, high exposure claims and claim types
  • Effective management of outside counsel, including budgets and case strategy
• Prepares cogent, high-quality reports setting forth application of underlying facts to relevant legal concepts and contract provisions, potential risks involved in a given matter, recommended strategy, and value.
• Effectively manages internal and external company resources, by overseeing, inter alia, discovery, motion practice, trials and appeals and participating in internal audits related to disputed ceded recoverables.
• Operates independently with little management oversight of day-to-day functions.
• Maintains the highest degree of confidentiality and ethics.

Organizational

• Develops creative ideas and solutions to business problems and/or business opportunities.
• Takes reasonable, calculated risks even if failure is possible.
• Empowers self and teammates to continuously improve RiverStone’s business processes/ systems and develops and escalates ideas and solutions.
• Consistently delivers superior customer service to both internal and external business partners.
• Demonstrates alignment with RiverStone’s Commitments.
• Prioritizes and organizes work in self-directed manner.
• Performs other duties as required, including supporting and coordinating with other RiverStone associates.
• Fosters an environment such that innovative thinking is encouraged.
• Deepens strong customer service focus of the organization and ensures the consistent delivery of superior customer service.
• Consistently demonstrates collaborative, team-based behaviors in all interactions with associates and outside counsel.
• We empower people to make decisions, in a supportive environment, with accountability for outcomes.

Required Skills

• At least five years’ experience with latent claims and reinsurance disputes is preferred, as is trial experience.
• Outstanding written and oral communication skills.
• Familiarity with the insurance industry.
• Disciplined, structured and logical approach to problem solving.
• Ability to manage multiple projects successfully.
• Proven record of delivery against deadlines.
• Ability to challenge the status quo and push for constant improvement.
• Customer service-oriented with the ability to develop long lasting relationships with internal and external business partners.

Experience

At least five years of latent insurance coverage dispute and/or reinsurance disputes, whether as outside counsel or through employment in the insurance industry. 

Required Education

Completion of law school with a Juris Doctorate; actively licensed to practice in any state or District of Columbia and in good standing.

Preferred Education or Certification

•Financial training desirable

•CPCU courses desirable

Supervisory Role

The Litigation and Reinsurance Attorney directs the work of outside counsel (and other vendors) and also paralegals and support staff (and other internal resources) assisting on assigned matters subject to existing standards, protocols and practices.

Travel

1 – 6 times per year

Work Environment / Physical Demands

This position operates in a professional, collaborative environment and must have the ability to timely produce thorough, accurate work with many competing demands, deadlines, and distractions. The position uses standard equipment such as phones, computers, copiers/printers and filing cabinets.  Noise level is moderate.

Core Competencies

Conflict Management: Steps up to conflicts, seeing them as opportunities; reads situations quickly, good at focused listening; can hammer out tough agreements and settle disputes equitably; can find common ground and get cooperation.

Ethics and Values: Adheres to an appropriate and effective set of core values and beliefs during both good and bad times; acts in line with those values; rewards the right values and disapproves of others; practices what he/she preaches.

Learning on the Fly: Learns quickly when facing new problems; a relentless and versatile learner; open to change; analyzes both successes and failures for clues to improvement; enjoys the challenge of unfamiliar tasks; quickly grasps the essence and the underlying structure of anything.

Problem Solving: Uses rigorous logic and methods to solve difficult problems with effective solutions; probes all fruitful sources for answers; can see hidden problems; is excellent at honest analysis; looks beyond the obvious and doesn’t stop at the first answers.

Process Management: Good at figuring out the processes necessary to get things done; knows how to organize people and activities; understands how to separate and combine tasks into efficient flow; knows what to measure and how to measure it; can see opportunities for synergy and integration where others can’t; can simplify complex processes; gets more out of fewer resources.

Diversity, Equity, Inclusion & Belonging

RiverStone Resources, LLC is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ , national origin, gender identity, disability, protected veteran status, or any other characteristic protected by law.

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