Job Description
About the role
The Claims team at Coalition stands apart for our outstanding level of consumer service and knowledgeable handling of claims for our insured customers. As a team Claims is about finding ways to help our consumers find a solution to cyber risk. As we continue to expand we are seeking an experienced claims professional to join our cyber claims team and lend a hand in handling intricate primary Cyber Tech and Media policies. You will also provide assistance to the underwriting team and manage/collaborate with a variety of vendors namely - breach coaches defense counsel and coverage counsel for Coalition and its partner carriers.
Responsibilities
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Handle claims from FNOL to close: Including initial call the coordination with breach counsel forensic investigators and other vendors
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Evaluate full pending of claims in affiliation with posting and recommending accurate reserves
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Handle litigation and third party liability claims arising from security failures or data breaches and claims involving media privacy and tech E&O liability; this will include full evaluation of liability recommendation of actions to litigation counsel and carrier partners reserving recommendation and reasoning and alternative dispute resolution
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Excellent and regular accurate file documentation/information in our claims system
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Assess liability and damage data in complex claims while maintaining appropriate documentation for compliance purposes
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Identify and evaluate insurance coverage issues (third and first party)
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Intelligently guide review and track third-party vendors and service providers
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Maintain and develop relationships with brokers and various positions within an insured's business including: risk managers general counsel and a variety of vendors
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Identify settlement opportunities to maximize impact
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Collaborate in the defense and resolution of claims
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Provide data and reason-based informational assistance to underwriters
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Provide assistance to business development partners with regard to marketing including providing educational opportunities internally and externally
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Handle intake of new cyber breach claims as part of Coalition’s breach hotline including guiding insureds and brokers through next steps during high-stress situations; and
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Liaise with partner carriers on a daily basis
Skills and Qualifications
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2+ years of experience handling cyber tech and/or media claims is required
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Must hold independent adjuster licenses to adjust cyber claims in the state you are domiciled. Other states are a plus
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Demonstrated experience to work as part of a team interact with others meet goals and successfully perform in a changing work environment
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Excellent communication and interactive experience
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Team-oriented with aptitude to excel in a collegial environment but work proactively
Compensation
Our compensation reflects the cost of labor across several US geographic markets. The US base salary for this position ranges from $90000/year in our lowest geographic market up to $120000/year in our highest geographic market. Consistent with applicable laws an employee's pay within this range is based on a number of factors which include but are not limited to relevant education skills job-related knowledge qualifications work experience credentials and/or geographic location. Your recruiter can share more on target salary for your location during the interview process. Coalition Inc. reserves the right to modify this range as needed.
Perks
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100% medical dental and vision coverage
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Flexible PTO policy
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Annual home office stipend and WeWork access
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Mental & physical health wellness programs (One Medical Headspace Gympass and more)!
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Competitive compensation and opportunity for advancement
Date Posted
04/01/2024
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