Everest

Cyber Claims Specialist

Everest

full-time

Posted on:

Location Type: Remote

Location: United States

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Salary

💰 $100,000 - $150,000 per year

About the role

  • Intake, investigate, determine coverage, manage and resolve Cyber, Privacy, Media and Tech E&O claims
  • Review and analyze complex coverage issues and preparation of coverage position letters
  • Handle demanding and complex first party Cyber Claims, including Data Breaches, Business Interruption, Contingent Business Interruption, and Extortion claims
  • Handle third party privacy liability, PCI, Regulatory, Media and Tech E&O claims, resolving claims effectively and efficiently
  • Assist with emergencies on a rotational on-call schedule
  • Management and review of budgets, restoration plans and Business Interruption Income Proofs of Loss
  • Investigation, analysis and evaluation of liability and damages
  • Management and direction of outside counsel as well as reviewing & approving legal budgets and bills
  • Preparation of case summary reports related to matters of significant reserve and trial activity
  • Timely and appropriate setting of case reserves
  • Development and execution of claim strategies as well as resolution strategies
  • Negotiation and resolution of cases
  • Attend mediations
  • Working with underwriters supporting policy construction and drafting, reporting claim trends, data analysis and risk assessment
  • Extensive communication with insureds, brokers, reinsurers and business unit contacts
  • Attend client meetings and industry functions to support retention and development of client relationships and business

Requirements

  • 3-5 years of professional liability claims experience
  • Legal and insurance claim resolution skills, including negotiations
  • A broad Insurance experience, including understanding of policy language, coverages, ethics and claim practices
  • Legal experience, including litigation, class action, regulatory, breach response, coverage would also be helpful
  • Cyber experience or understanding, including computer security, forensics, and network restoration, would also be helpful
  • Strong oral and written communication skills
  • Strong analytical and organizational skills
  • Strong negotiation and investigation skills
  • Ability to evaluate coverage issues involving a wide variety of loss scenarios
  • Ability to think strategically
  • In-depth knowledge of the litigation, arbitration, and trial process
  • Currently holds or readily can obtain all required adjuster licenses
  • Knowledge of the insurance industry, claims and the insurance legal and regulatory environment
  • Knowledge of claims handling or insurance legal statutes and procedures
  • Ability to identify and use relevant data and metrics to best manage claims
  • Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal departmental efficiency
  • Ability to and willingness to present to senior management and other group setting
  • Ability to influence others and resolve complex, disputed claims
  • JD Required (Currently Licensed)
  • Ability to travel as needed: 0-10%
Benefits
  • health insurance coverage
  • an employee wellness program
  • life and disability insurance
  • 401k match
  • retirement savings plan
  • paid holidays
  • paid time off (PTO)
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
Cyber claims managementPrivacy liability claimsData breach analysisBusiness interruption claimsNegotiation skillsLegal analysisInsurance claim resolutionLitigation experienceRegulatory complianceRisk assessment
Soft Skills
Strong communication skillsAnalytical skillsOrganizational skillsStrategic thinkingCollaborative mindsetAbility to influenceProblem-solving skillsAbility to presentNegotiation skillsAbility to evaluate
Certifications
JD RequiredAdjuster licenses