Coverage Counsel - Financial & Professional Lines

Reporting to the VP of Claims, the Coverage Counsel will play a pivotal role in providing legal counsel for guidance to all matters related to coverage disputes and coverage initiatives. Responsibilities of this role will involve analyzing insurance policies, investigating claims, providing legal opinions, and representing clients in litigation when necessary. The ideal candidate will possess a strong background in insurance law, excellent analytical skills, and the ability to communicate complex legal concepts effectively.

Additional Information

• Competitive salary and benefits package commensurate with experience and qualifications.
• This position is an in-office position, based in Miami Beach with occasional travel for meetings, depositions, hearings, and other legal proceedings.

• Review insurance policies to assess coverage and identify potential issues or ambiguities that may arise in coverage disputes.
• Conduct legal research on relevant statues, case law and regulations pertaining to insurance coverage matters.
• Investigate claims to gather necessary facts and evidence to evaluate coverage and liability.
• Provide legal opinions and recommendations regarding coverage issues, including the interpretation of policy language and potential exposure.
• Manage coverage litigation, including drafting pleadings, motions and other legal documents and representing the company in court proceedings and alternative dispute resolution forums.
• Negotiate settlements and participate in mediation or arbitration proceedings to resolve coverage disputes efficiently and effectively.
• Advise the underwriting team on risk management strategies, potential exposure, and best practices to mitigate future coverage disputes.
• Advise the underwriting team on coverage requests and manuscript wordings initiatives.
• Support the Product Innovation Team on product development initiatives.
• Ensure compliance with all relevant laws, regulations, and industry standards in insurance coverage matters.
• Collaborate with internal stakeholders, including claims team members, underwriters, and other legal professionals, to achieve optimal outcomes for the company.

Education/Experience Requirements

• Juris Doctor (JD) degree from an accredited law school.
• Admission to the FL state bar and in good standing.
• 5+ years of experience practicing insurance law, specifically with a focus on coverage disputes in professional and financial lines.
• Strong understanding of insurance principles, policies, and regulations.
• Excellent analytical, research, and writing skills.
• Demonstrated ability to manage complex litigation matters effectively.
• Strong negotiation and communication skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Attention to detail and ability to prioritize and manage multiple tasks simultaneously.