Corporate Counsel - Insurable Claims

Corporate Counsel - Insurable Claims

Best Buy has an open Corporate Counsel role on its Enterprise Insurance Risk team. This position will play a key role in managing Best Buy's Casualty (Auto Liability, General Liability, Workers Compensation) claims program, with a specific focus on litigated matters. They will own and direct the strategy and management of claims both internally and in partnership with our third-party claims administrator. The role will have oversight of outside counsel and manage those relationships effectively. This person will also serve as a liaison and subject matter expert on litigated insurance claims within Best Buy. This role is hybrid, which means you will be required to work some days on-site at our Best Buy Corporate Campus in Richfield, Minnesota, and some days virtually from home or another non-Best Buy location. The specific work arrangements vary by role and team. The recruiter or hiring manager will provide more details during the hiring process. What you'll do

• Leads, manages and dictates strategy on all litigated insurance claims for Best Buy.
• Provides technical guidance to internal partners and our claims administrator on the management and resolution of litigated claims.
• Oversees and directs outside counsel, managing relationships, ensuring appropriate billing, supporting the discovery process, and driving effective claims outcomes.
• Lead two associate claims managers, providing strategic guidance on claim program development, planning, and process improvements.
• Supports the development of key performance metrics and monitors those metrics to ensure that deliverables are being met.
• Provides oversight of and relationship management with claim service providers (third party claim administrator, managed care, non-subscription, etc).
• Liaisons with BBY Insurance Company's captive manager and internal business partners on significant claim developments and strategy.
• Partners with the broader claims team on the actuarial assessment for the casualty program, providing insights on claims development and guiding reserving decision-making.

Basic qualifications

• JD Degree from an Accredited Law School & License to Practice in MN
• 3+ years of post-bar practicing attorney experience providing legal support in a combination of law firm, government or corporate/insurance company settings.
• 1+ years of experience directly leading teams
• 3+ experience managing and/or litigating insurable liability claims, including knowledge of insurance coverage terms, industry regulations and best practices.
• Intermediate proficiency in working with Excel and Microsoft Office products

Preferred qualifications

• Ability to evaluate complex situations using multiple information sources and provide practical advice on technical matters and business operations.
• Ability to quickly develop and maintain relationships and rapport with business owners, cross-functional partners and outside counsel.
• Use communication and diplomacy skills required to direct, persuade, and influence clients and cross-functional partners.
• Operate in a fast-moving environment with minimal supervision.
• Open to expanding responsibilities into new areas if needed

What's in it for you? We're committed to helping our people thrive at work and at home. We offer generous benefits that address your total well-being and provide support as you need it, especially key moments in your life. Our benefits include:

• Competitive pay
• Generous employee discount
• Physical and mental well-being support

About us As part of the Best Buy team, you'll help us fulfill our purpose to enrich lives through technology. We bring that to life every day by humanizing and personalizing tech solutions for every stage of life in our stores, online and in customers' homes. Our culture is built on deeply supporting and valuing our amazing employees who make it all possible. We're committed to being a great place to work, where you can unlock unique career possibilities. Above all, we aim to provide a place where you can bring your full, authentic self to work now and into the future. Tomorrow works here. Best Buy is an equal opportunity employer.