Cyber and Executive Risk Claims Specialist

Job Summary

Seeking for a highly skilled and motivated Cyber and Executive Risk Claims Specialist to join a growing team. This is a unique opportunity to play a pivotal role in building and shaping a claims group from the ground up. This role offers the flexibility of a hybrid or remote work arrangement, with occasional travel required.

Compensation Package

• Salary Range: $150,000 - $225,000 (commensurate with experience)
• 401(k): Comprehensive retirement plan available

Responsibilities

• Manage all aspects of assigned claims, including coverage analysis, investigation, incident response, evaluation, reserving, coordination of counsel and vendors, and claim resolution.
• Communicate effectively with clients, insurance carriers, coverage counsel, and other response vendors to explain claims processes and coverage.
• Build and maintain strong relationships with clients, insurance carriers, and other stakeholders.
• Provide strategic guidance on claims handling and contribute to the development of a robust claims reporting system.
• Collaborate with internal teams to ensure seamless claims management and resolution.
• Participate in occasional travel for meetings, client visits, or claim reviews (approximately 6-8 times per year).

Qualifications/Requirements

• Education: Juris Doctor (JD) degree required; Bachelor's degree in a related field preferred.
• Experience:
  • Minimum of 4 years of experience handling cyber and/or executive risk claims (5-10 years preferred).
  • Prior experience in law, insurance, or brokerage is highly desirable.
  • Strong relationships with carriers, law firms, FBI, and other relevant agencies/vendors.
• Skills:
  • Proven ability to work independently and take initiative in a leadership role.
  • Strong analytical, communication, and negotiation skills.
  • Experience with AMS360 and Imageright software is a plus.
• Licenses: Appropriate insurance licenses required or ability to obtain them.

Preferred Attributes

• Long-term career mindset with a desire to build and grow a claims team.
• Stability and a track record of success in previous roles.
• Ability to innovate and implement new processes for improved claims management.
• Strong interpersonal skills and a collaborative approach to problem-solving.

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