Job Title - Transactional Liability Claims Professional
Location - Remote
Duration - 12+ Months
Position Summary: The Transactional Liability Claims Professional is responsible for managing a portfolio of complex Transactional Liability claims, including Representations & Warranties (R&W) Insurance and Tax Liability. The role requires strong legal and analytical skills to evaluate coverage, investigate alleged breaches of transaction-related representations and warranties, assess exposure, establish reserves, and negotiate claim resolutions.
The ideal candidate will possess a Juris Doctor (J.D.) degree and significant experience in transactional liability insurance, mergers and acquisitions, private equity transactions, or legal practice focused on corporate transactions and M&A.
Essential Responsibilities:
Claim Investigation and Coverage Analysis
- Analyze complex insurance claims involving alleged breaches of representations and warranties arising from mergers, acquisitions, and other corporate transactions.
- Review and interpret insurance policies, purchase agreements, disclosure schedules, financial records, diligence materials, and other transaction documents.
- Evaluate coverage issues and policy application, including breach, loss, retention, exclusions, valuation issues, and damages calculations.
- Draft detailed coverage position letters, reservation of rights letters, information requests, and coverage determinations.
Claim Evaluation and Financial Management
- Assess liability and damages exposure through detailed review of financial, accounting, operational, and legal documentation.
- Establish, monitor, and adjust claim reserves based on evolving exposure assessments.
- Prepare coverage and reserve recommendations for management review.
- Partner with outside counsel, forensic accountants, valuation professionals, and industry experts to evaluate complex claims.
Resolution and Settlement
- Develop and execute claim resolution strategies.
- Negotiate settlement agreements, releases, and related documentation.
- Monitor litigated matters when necessary, including oversight of outside counsel and litigation budgets.
Qualifications:
Preferred
- Direct experience handling Representations & Warranties Insurance claims.
- Experience representing buyers, sellers, private equity sponsors, insurers, or financial institutions in M&A transactions.
- Familiarity with accounting principles, valuation methodologies, and financial statement analysis.
- Experience evaluating complex damages and loss calculations.
- Prior experience working with private equity, venture capital, or corporate transactional clients.
Knowledge, Skills & Abilities
- Deep understanding of Transactional Liability and Representations & Warranties insurance products.
- Strong knowledge of M&A transaction structures and corporate law principles.
- Ability to identify and analyze nuanced coverage issues and legal arguments.
- Advanced analytical, investigative, and critical-thinking skills.
- Strong judgment in reserve setting and claim valuation.
- Ability to effectively negotiate and influence outcomes in high-exposure matters.
- Capacity to manage a complex claim portfolio independently while meeting service expectations.
