Claims Specialist

Hudson Insurance Group; Chicago (IL); On-site; USD 75,000 - 150,000; Full time

Job summary

Hudson Insurance Group is seeking a Claims Specialist responsible for coverage analysis, investigation, negotiation, and settlement of financial lines claims including cyber claims. The role demands at least 5 years of claims or litigation experience, with a focus on cyber liability.

The compensation for this position ranges from $75,000 to $150,000, depending on the applicant’s skills and other factors. A Bachelor’s degree is required, and a JD is preferred.

Qualifications

• 5 years of claims or litigation experience handling cyber liability claims required.
• Experience with determining coverage on insurance policies.
• Ability to travel to mediations as required.

Responsibilities

• Responsible for coverage analysis of financial lines claims.
• Investigation and negotiation of claims.
• Settlement of cyber, D&O, and E&O claims.

Skills

Claims handling

Negotiation

Investigation

Coverage analysis

Good writing skills

Good presentation skills

Education

Bachelor’s degree

JD (preferred)

Job description

Position Description

The Claims Specialist is responsible for the coverage analysis, investigation, negotiation and settlement of financial lines claims, including cyber, D&O and/or E&O.

Skills, Knowledge And Abilities

• 5 years of claims or litigation experience handling cyber liability claims, both primary and excess required. Additional experience handling D&O, E&O (medical, employers, architects, engineers, insurance agents and/or lawyers) and/or other financial lines claims preferred.
• Experience with determining coverage on insurance policies with multiple coverage types.
• Experience handling claims on a nationwide basis.
• Ability to travel to mediations, as required.
• Must possess good writing and presentation skills for internal and external reporting and projects.
• Must be able to partner with our Program administrators to support program growth.

Education/Experience

• Bachelor’s degree required, JD preferred.

Compensation

The pay range for this role is $75,000 - 150,000. The specific offer will depend on an applicant’s skills and other factors.

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