Information Security Analyst
Connecticut Children's
Salary
💰 $106,300 - $175,400 per year
Job Level
JuniorMid-Level
About the role
- Follow operational policies to analyze, investigate, and resolve Bond & Specialty Insurance (BSI) claims of varying levels of severity with moderate supervision from claims management.
- Prepare and present reports for management reflecting loss development, potential/actual financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies.
- Communicate with underwriting on significant claim exposures and support underwriting marketing efforts, including participation in broker and account visits and risk mitigation seminars.
- Identify recovery opportunities and coordinate recovery efforts with the Recovery Management Unit and claim management.
- Refine policy interpretation and coverage analysis skills, including drafting coverage opinions with case law.
- Negotiate settlements and review releases and settlement agreements, including confidentiality and non-disclosure provisions.
- Monitor marketplace conditions, conduct research, and draft reference materials to inform claim and underwriting colleagues on law impacting underwriting and claim decisions.
- Support business units handling first-party claims including Commercial Crime, Cyber Crime, Kidnap & Ransom, Public Official Bonds, and Identity Fraud/Theft.
- Obtain and maintain required adjusters’ licenses.
Requirements
- Two years of relevant legal experience (minimum requirement).
- Five or more years of relevant legal or claim handling work experience (ideal candidate).
- Bachelor’s Degree.
- Juris Doctorate Degree.
- Properly licensed, registered or authorized, and in good standing, to practice law in the jurisdiction in which you will be working.
- Demonstrated ability to effectively work through conflict and resolve issues with a professional demeanor.
- Ability to make sound decisions and negotiate terms and conditions within designated authority limit.
- Strong verbal and written communication skills with the ability to clearly articulate coverage determinations.
- Time management skills with the ability to manage multiple priorities with an attention to detail, data and analytics.
- Ability to build and maintain effective and collaborative relationships with colleagues, customers, and business partners.
- Obtain and maintain required adjusters’ licenses (where applicable).
