Location: New York,NY, USA
PE&TS Claims Advocate: The Role
Oversee and manage the full lifecycle of transactional insurance claims (representations and warranties, tax, and contingent), including:
Reviewing transaction documents, such as purchase agreements and disclosure schedules and policy documents to help assess the basis of potential claims and potential coverage issues
Providing advice and counseling in advance of filing the claim, and assisting the client and the client's attorneys in understanding the claims process;
Supporting client's counsel in drafting the initial claims notice (and any subsequent updates) and submitting to the carrier(s);
Collaborating with underwriters, advisors, and legal teams to ensure a coordinated approach to claims resolution;
Participating in claims resolutions processes including alternative dispute resolution;
Assisting in drafting and finalizing settlement agreements, as necessary.
Liaising with external legal counsel, forensic accountants, and other experts as necessary to support claims resolution.
Serving as the primary point of contact for clients during the claims process, providing expert advice and clear communication.
Guiding clients on the documentation required, timelines, and strategies for optimal claim outcomes.
Maintain current data about status of newly filed, ongoing, and resolved claims, and coordinate with TIS leadership to keep the TIS broking team apprised of claims status, policy wording improvements and claims trends. This will include systematizing claims record-keeping and tracking, as well as liaising with the broking team.
Contribute on an ongoing and as-needed basis to marketing material generated by the TIS team including an annual claims report.
Qualifications :
Bachelor's Degree and Juris Doctor or LLB degree.
Minimum of 5+ years of legal experience; preference for attorneys with a background in insurance policyholder work and/or knowledge of M&A-related litigation, and particular preference for attorneys experienced with transactional insurance claims (representations and warranties, tax, and contingent).
Strong written and verbal communication skills, including experience in drafting legal documents and communications.
Experience with negotiating against adverse parties while maintaining a collaborative and collegial atmosphere.
Exceptional interpersonal skills, including the ability to effectively advise clients, build relationships with insurers' claims-handling professionals and counsel, and work collaboratively with the TIS broking team.
Excellent time-management and organizational skills, and an ability to act proactively on clients' behalf while allowing clients' counsel to lead claims-management efforts.
Proficiency in Microsoft Office (Word, Excel, PowerPoint).
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)
Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.
WTW may be subject to employment-related COVID-19 vaccination mandates from time to time in certain jurisdictions that may require certifying and providing documentation of vaccination against COVID-19 to work in a WTW office.
EOE, including disability/vets (
Same Posting Description for Internal and External Candidates
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off ( ( Washington State only )
Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.