AVP, Cyber, North American Claims Group
3 weeks ago
Job Summary:
Investigate, evaluate, and resolve claims made against the Company’s cyber liability insurance policies. Engage in collaborative projects in support of other areas of the company, including underwriting, finance and accounting, actuarial, operations, and technology. Provide superior service to all customers, whether internal or external.
Job Duties
· Efficiently manage a vigorous load of cyber liability claims. Promptly analyze coverage, draft accurate and timely coverage positions, and manage litigation by effectively interacting with insureds, brokers, defense counsel and other parties as required. Establish timely and appropriate reserves and regularly report claim developments and trends to claims and underwriting management. Represent Company in the resolution of claims and participate in legal proceedings, including mediations.
· Manage response for cyber incidents, which includes verifying coverage, assigning breach consultants, forensic vendors and public relation vendors as necessary.
· Work with other areas of the Company including underwriting, finance and accounting, actuarial, operations and technology on projects as requested. Prepare claim summaries and other reports as necessary for management.
· Meet with existing or prospective clients and brokers. Attend relevant industry conferences/meetings.
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