The Law Department is seeking a highly-talented individual who is expert in the oversight and management of property and casualty loss, insurance practices and claim resolution with respect to Owner Controlled Insurance Programs. This position will report to the Manager, Claims.
- Oversee and manage the Port Authority’s Owner Controlled Insurance Program to ensure that its business is compliant with all applicable laws and regulations for Captive Insurance Entities.
- Attend mediation and settlement conferences, review legal pleadings, court filings and discovery to evaluate exposure to the Port Authority and its Excess Carriers.
- Work with independent trustees and Third-Party Administrator (“TPA”) to ensure that all accident investigation is performed timely and all litigated cases are handled effectively to limit liability on claims, brought by injured construction workers, with respect to self-insured retention.
- Manage outside counsel and investigators for the program, including advice on legal strategy, management of legal spend and legal fee approvals.
- Advise the General Counsel, the First Deputy General Counsel, the Assistant General Counsel, Claims Manager, Treasury Department, Department Directors and Senior Management on program trends, significant case developments and program management.
- Work with all line departments for timely access to relevant information necessary for claims defense and processing and with Port Authority Law Department attorneys on ongoing litigation, including input on settlement offers.
- Assist in the negotiation of settlements on matters, when deemed appropriate to do so including offering support to in-house team labor law support.
- Participate with Port Authority Finance and Budget Departments to set, adjust and manage claims reserves.
- Attend Quarterly Claims Review Committee meetings which may include attendance by Port Authority departments, Excess Insurers, TPA, Defense Counsel and Brokers.
- Prepare Quarterly Claims Activity Reports in accordance with reporting requirements.
- Stay abreast of new laws, legal decisions, legal and legislative actions that affect the Port Authority and advise Senior Staff of their implications.
- Participate in special projects, as assigned, including legal research for the Claims practice group and the Law Department, as well planning for Claims operating system upgrades.
Candidates must present the following qualifications to be considered eligible for this position:
- Bachelor’s Degree from an accredited institution; J.D. strongly preferred. Risk or finance background helpful.
- At least 3 years’ experience in claims adjustment or related property/casualty field, with a strong preference for experience with companies engaged in large infrastructure construction/management. Labor Law Experience necessary.
Ideal candidates will present the following profile:
- Proven experience in the management and oversight of claims programs, practices and legislation.
- Understanding of special requirements of governmental agencies, as well as General Liability Claims, No-Fault and Federal Employee Act (FELA) claims.
- Excellent written and oral communication skills (as well as the ability to present to a variety of audiences), including demonstrated experience establishing, interacting and fostering working relationships with a multitude of constituents and stakeholders.
- Computer literacy and experience in opening and tracking matters online.
- Ability to work in a fast-paced, collaborative office environment, with demonstrated flexibility and resourcefulness in analyzing and resolving a wide-range of complex and novel matters, including those of a sensitive nature with monetary exposure.
Compensation & Benefits
The Port Authority of New York and New Jersey offers a competitive salary, an outstanding benefits package and a professional environment that supports development and recognizes achievement.
How To Apply
Interested candidates should apply to this job by clicking on the Apply Now button and submitting a combined cover letter and resume. The Port Authority of NY & NJ welcomes veteran and military spouse applications.
Only applicants under consideration will be contacted.
About The Port Authority
Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency's network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere.
EQUAL OPPORTUNITY EMPLOYER
The Port Authority of New York & New Jersey/Port Authority Trans-Hudson (PATH) is an Equal Opportunity Employer.