Hybrid Cyber E&O Claims Consultant for Complex Losses

Intact Specialty Solutions; New York (NY); Hybrid; USD 123,000 - 163,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) with up to 12% contributions

Mental health support

Life and disability insurance

Parental leave

Job summary

Intact Insurance Specialty Solutions in the U.S. seeks a Claim Consultant to join the Cyber - E&O team, handling highly complex cyber liability claims from multiple offices on a hybrid schedule in NYC, Chicago and other metro areas.

This role requires 5+ years of specialized claims experience, a bachelor’s degree (JD may be required), and the ability to determine coverage, negotiate settlements, and mentor others.

Qualifications

• Bachelor’s or equivalent experience degree required.
• JD may be required depending on the needs and requirements of a business unit.
• 5+ years of progressively more complex, specialized claims handling experience.
• Desired Experience working on complex Cyber - E&O Claims

Responsibilities

• Makes timely and appropriate contacts and completes appropriate level of investigation to make determination of coverage, liability and damages for very complex and specialized claims.
• Determines coverage, drafts coverage correspondence, responds to coverage questions raised by insureds and others.
• Determines exposure, establishes adequate reserves and makes timely adjustments.
• Selects, assigns and directs activities of internal and external resources as required; including independent adjusters, appraisers and attorneys.
• Determines settlement value of the loss and negotiates proper settlement of claims within authority.
• Documents clearly and concisely all relevant activity on assigned files and makes recommendations for additional activity as appropriate.
• Communicates as needed with underwriting business partners regarding claims trends and legal climate.
• Maintains a strong professional knowledge of regulatory and legal environments and applies this information effectively.
• Stays abreast of state license requirements and participates in continuing education as required.
• Will coach or train less experienced claim representatives.
• Develops and leads technical training and provides guidance to other departments within the organization, as needed.

Skills

Cyber E&O claims

Complex claims handling

Negotiation

Stakeholder communication

Education

Bachelor’s degree

JD may be required

Job description

Intact Insurance Specialty Solutions in the U.S. seeks a Claim Consultant to join the Cyber - E&O team, handling highly complex cyber liability claims from multiple offices on a hybrid schedule in NYC, Chicago and other metro areas.

This role requires 5+ years of specialized claims experience, a bachelor’s degree (JD may be required), and the ability to determine coverage, negotiate settlements, and mentor others.