Senior Claims Specialist, Cyber Insurance

2 weeks ago


Des Plaines, Illinois, United States Markel Full time
About the Role

We are seeking a highly skilled Senior Claims Specialist to join our Cyber team. As a key member of our team, you will be responsible for the resolution of cyber and privacy liability claims.

Key Responsibilities
  • Investigate, negotiate, and settle primary and excess cyber, privacy liability, and technology E&O claims.
  • Analyze coverage under primary and excess cyber and errors and omissions policies; make coverage determinations; draft routine and complex coverage correspondence.
  • Effectively communicate coverage positions to policyholders and other stakeholders; manage claims involving coverage litigation.
  • Manage litigation filed nationwide against insureds; appoint, direct, and manage defense counsel; proactively work toward expeditious and economical resolution of claims.
  • Communicate with underwriting as needed to manage claims and alert of any significant developments.
  • Promptly communicate with Unit and internal partners on adverse developments and provide information on pertinent issues affecting the cyber product lines and coverages.
Requirements
  • 3-5 years of cyber and/or professional liability claims experience or litigation experience required.
  • Excess liability (quota share, first layer, and high layer) claims or litigation experience a plus.
  • College degree and/or professional designation required, JD preferred.
  • Excellent written and oral communication skills.
  • Sound comprehension of insurance coverage posed by cyber and excess liability policies.
About Markel

Markel is a Fortune 500 company with over 60 offices in 20+ countries, offering insurance, reinsurance, specialist advisory, and investment operations around the world.

We're committed to supporting our employees in living their lives to the fullest at home and at work, offering competitive benefit programs, a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays, and floating holidays.

Markel offers hybrid working schedules of 3 days in the office and 2 days remote.



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