Foundation Risk Partners

Associate General Counsel, Claims - MSI

United States

Foundation Risk Partners Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

Candidates should possess a Juris Doctor degree and be admitted to practice law in at least one state, with a strong preference for experience in insurance law and claims handling. Applicants must have at least 7 years of experience in insurance law, including litigation and coverage analysis, and demonstrate a thorough understanding of insurance principles and practices.

Responsibilities

The Associate General Counsel, Claims will conduct legal research, draft legal opinions, provide legal advice to the Claims Team, examine records, and investigate claims-related matters. They will attend claim review meetings, depositions, and mediations, manage outside counsel, draft and review product forms, participate in negotiations, and provide leadership updates on major company projects. Additionally, they will apply legal principles, evaluate legal techniques, and identify risks to mitigate potential exposures, serving as an advisor on coverage assignments and other claims matters.

Skills

Insurance Law
Legal Advisory
Litigation Management
Legal Research
Claims Review
Negotiation
Legal Drafting
Risk Assessment
Legal Project Management

Foundation Risk Partners

Insurance brokerage and consulting services

About Foundation Risk Partners

Foundation Risk Partners operates as an insurance brokerage and consulting firm, focusing on providing tailored insurance solutions and expert advice to clients across the United States. The company grows by acquiring other firms and expanding its services organically, ensuring a diverse mix of industry knowledge and specialized services. Their approach combines expertise in various sectors with a commitment to cultural alignment and shared values. Unlike many competitors, Foundation Risk Partners emphasizes a collaborative relationship with clients, aiming to achieve exceptional outcomes and drive success for their partners.

Key Metrics

Daytona Beach, FloridaHeadquarters
2017Year Founded
$2MTotal Funding
DEBTCompany Stage
Consulting, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Paid Vacation

Risks

Over-reliance on AI could cause disruptions if technical issues arise.
Expansion into new regions may pose compliance and operational challenges.
Leadership changes might lead to strategic shifts affecting company stability.

Differentiation

Foundation Risk Partners leverages AI to enhance risk analysis accuracy and speed.
The company focuses on a strategic mix of industry expertise and cultural fit.
Foundation Risk Partners is rapidly expanding through acquisitions and organic growth.

Upsides

AI solutions have decreased cycle times by up to 90% for certain activities.
Prospect conversion rates have increased by up to 50% due to AI adoption.
Expansion into Baldwin, New York, offers new market opportunities.

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