Proactively handle cyber and tech claims from first notification of loss (FNOL) to settlement, including coverage, legal liability and quantum analysis
Handle claims for CFC Claims Australia as a TPA to CFCU (surplus lines) as necessary
Foster relationships with policyholders, brokers, underwriters and capacity providers; drive excellent customer service
Ensure prompt cyber claims response and assist with development of cyber claims processes and procedures
Work closely with London Cyber Claims team to ensure consistency across jurisdictions
Actively work with a panel of cyber response vendors (forensic, legal, PR)
Monitor claims team for prompt and accurate reserving, third-party recoveries and reducing claims leakage
Prioritise deadlines in lawsuits, demand letters and claims queries
Manage claims administrative duties: electronic file management, filing and payment requests, and production of management information
Support the Cyber Claims Manager and Claims Director with MI & reporting, training, recruitment and team management
Influence and introduce initiatives to improve service delivery; assist vendor RFI and selection processes
Supervise and manage cyber claims team including goal setting, 1:1s, team meetings and performance appraisals
Ability to manage claims adjusting and technical aspects of cyber incidents and investigations
Assist with triage of claims notified through cyber claims mailbox
Requirements
Excellent verbal & written communication skills and attention to detail
Ability to communicate effectively and accurately internally and externally at all levels
Strong stakeholder management experience
Excellent organisational, research, analytical, problem-solving and drafting skills
Ability to negotiate and influence effectively
Willingness to learn and challenge the status quo
Excellent computer skills (including MS Outlook, Word, PowerPoint & Excel)
Use of ECF an advantage
Minimum of 10 years’ experience of handling claims with at least 5 years handling cyber claims
Experience in a Responsible Manager role is crucial.
Experience with cross border and international cyber incidents or forensic investigations
A good understanding of international considerations relating to cyber claims in Australia
Experienced at working with incident response vendors, in particular legal and forensic providers
Good understanding of cyber insurance policy wordings
Knowledge of legal and regulatory requirements specific to Lloyd’s (e.g. Claims management Principles and Minimum Standards), MGAs and the Financial Ombudsman Service
Understanding of underwriting strategies and the impact of claims and external events on underwriting practice and business results
Demonstrable experience within a team leader (people management) role