AVP & Counsel, MBU - Eatontown, NJ or Remote
Crum & Forster Company Overview
Crum & Forster (C&F) provides market leading property & casualty, accident & health, specialty and standard commercial lines insurance solutions. A true underwriting company, we have a 200-year history of helping our customers manage risk with laser-focused expertise, integrity and discipline. Our people are empowered to make decisions and problem-solve with you smartly and swiftly. Our annual gross written premium is 6.2 billion. C&F enjoys a financial strength rating of "A+" (Superior) by AM Best.
Our most valuable asset is our people. We have 3000 employees, and locations throughout the United States and India. With our employee-first focus, the Company is consistently recognized as a great place to work, earning multiple workplace and wellness awards, including the Great Place to Work® Award, Fortune 100 Best Companies to Work For, Fortune Best Workplaces for Parents, Fortune Best Workplaces for Millennials, and many others.
C&F is part of Fairfax Financial Holdings. For more information about C&F, please visit our website: www.cfins.com
Job Description
Since 2000, Crum & Forster’s Accident & Health division (A&H) has offered a diverse portfolio of specialty insurance and reinsurance products nationwide. We place a strong focus on product development and creative distribution methods, along with excellent client service and support.
In addition to our robust domestic portfolio, which spans both special risk and medical solutions, A&H works on an international basis through various partnerships. Our global capabilities provide our partners with even broader flexibility in underwriting solutions.
The qualities and capabilities of Crum & Forster Accident & Health demonstrate our philosophy of building meaningful, long-term partnerships and our dedication to providing alternative strategies in an ever-changing insurance market.
Information about the Role, Line of Business and Team:
The A&H Legal Department is responsible for the various legal functions of Crum & Forster’s Accident & Health division, including high-volume contract development, management, and negotiation, litigation management, support to various disciplines within Accident & Health division as needed, oversight of legal support staff and interns.
What you will do:
- Manage high-volume drafting, review, and negotiation of program and administrative agreements, reinsurance and retrocessionaire agreements, vendor and SaaS agreements, NDAs, and other commercial agreements as requested, ensuring compliance with company standards, best practices, and regulatory requirements.
- Manage the contract negotiation process with internal and external parties, driving the agreement delivery process; enlist review from senior team members as needed.
- Monitor and stay informed of contract portfolio metrics to identify opportunities for process improvements and provide strategic input on enhancements to contract management systems and AI contract review tools.
- Assist the team with championing the adoption of AI tools by developing and implementing best practices for AI-assisted contract review, mentoring team members, and providing ongoing guidance and training to ensure effective integration of AI technology into contract management workflows.
- Participate in the Legal Team’s template development process to ensure A&H contract clause requirements, risk mitigation provisions, and regulatory compliance standards are met.
- Support claim and cost containment audit review requests from Claims and Cost Containment teams, including reviewing attorney demand letters, drafting substantive legal responses, evaluating coverage positions, and coordinating with claims personnel on resolution strategies.
- Manage and coordinate complex claims litigation, including preparing case summaries and legal analysis, leading settlement negotiations, drafting releases and settlement agreements, coordinating with outside counsel, and providing