Financial Lines Claims Counsel
About the job
- A Juris Doctor (JD) from an accredited law school is required.
- Active bar admission in at least one U.S. jurisdiction and good standing are required.
- At least 7 years of experience handling Financial Lines claims, coverage litigation, or complex commercial litigation are required.
- Strong knowledge of Directors & Officers, Financial Institutions Errors & Omissions, Employment Practices Liability, Fiduciary, and Fidelity coverages is required.
- Experience evaluating complex coverage issues and large-loss exposures is required.
- Excellent written and verbal communication skills are required.
- Ability to independently manage a sophisticated caseload and make sound claim decisions is required.
- Strong negotiation, analytical, and problem-solving skills are required.
- 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 Directors & Officers, Financial Institutions Errors & Omissions, Employment Practices Liability, 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 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.
- Carrier- or broker-side Financial Lines claims experience is preferred.
- Experience handling claims involving financial institutions, private equity firms, investment managers, or other complex financial organizations is preferred.
- A background managing securities claims, class actions, regulatory matters, and high-exposure commercial disputes is preferred.
- Experience working with primary policies is preferred.
- Professional liability and financial institution claim expertise is preferred.
About the company
MSIG USA provides commercial property and casualty insurance to U.S.-based and multinational businesses, with tailored coverage across property, casualty, marine, and financial lines (including D&O and cyber). It writes standard policies and specialized programs, and has recently established MSIG Specialty Insurance America to underwrite non-admitted business. A core part of its model is risk engineering, loss prevention, and in-house claims management (handling over 90% of claims directly) to deliver efficient service. The company differentiates itself through the backing of the MS&AD Insurance Group (a financially strong parent), a history of large-scale P&C capacity, and a focus on customized solutions for complex exposures. Its goal is to help organizations manage sophisticated risks across all 50 states, including multinational clients, by offering comprehensive coverage and proactive risk management.
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
N/A
Get referred to MSIG USA
See people who can refer or advise you
Simplify's Take
What believers are saying
- September 29, 2026 Aguilar hire deepens E&S property capability and broker relationships.
- August 2026 Botkin promotion exports MSIG USA underwriting discipline across MS&AD globally.
- February and July 2026 IFC and DEG deals expand fee-like specialty volume fast.
What critics are saying
- Rapid hiring of Brodzinski, Aguilar, and Dougherty risks integration friction in 2026.
- E&S property faces entrenched rivals like Liberty Mutual, AXA XL, and Ascot.
- Large credit and surety bets amplify accumulation losses; a bad cycle could cripple growth.
What makes MSIG USA unique
- MSIG USA leverages MS&AD's A+ balance sheet and 350-year underwriting heritage in 2026.
- June 2026 Celent recognized MSIG USA for data, analytics, and AI underwriting.
- MSIG USA launched Surety on August 25, 2026, extending specialty breadth quickly.
Help us improve and share your feedback! Did you find this helpful?
Benefits
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Disability Insurance
- Health Savings Account/Flexible Spending Account
- Hybrid Work Options
- Wellness Program
- 401(k) Company Match
- Profit Sharing
- Tuition Reimbursement
- Employee Discounts