Complex Claims Specialist- Cyber Tech E&O Media & Crime

About the role

The US Claims team at Hiscox is a growing group of professionals with experience across private practice and in-house roles, working together to provide the ultimate product we offer to the market. Complex Claims Specialists are empowered to manage their claims with high levels of authority to provide fair and fast resolution of claims for our insured and broker partners.

Responsibilities

• Reviewing and analyzing claim documentation and legal filings
• Drafting coverage analyses for tech E&O, first and third party cyber claims
• Strategizing and maximizing early resolution opportunities
• Monitoring litigation and managing local defense and breach counsel
• Attending mediations and/or settlement conferences, either in person or by phone as appropriate
• Smartly managing and tracking third-party vendor and service provider spend
• Continually assessing exposures and adequacy of claim reserves, and escalating high exposure and/or volatile claims to line manager
• Liaising directly on a daily basis with insureds and brokers

Requirements

• 5+ years of professional lines claims handling experience
• A JD from an ABA-accredited law school and bar admission in good standing may be considered as a supplement to claims handing experience
• A minimum of 2-3 years professional experience in the area of Cyber and Technology coverage experience required
• Proven ability to positively affect complex claims outcomes through investigation, negotiation and effectively leading litigation
• Advanced knowledge of coverage within the team’s specialty or focus
• Advanced knowledge of litigation process and negotiation skills
• Excellent verbal and written communication skills
• Advanced analytical skills
• B.A./B.S degree from an accredited College or University, JD degree from an ABA accredited law school is preferred

Qualifications

• Must have a B.A./B.S degree from an accredited College or University, JD degree from an ABA accredited law school is preferred

Skills

• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Ability to work independently and as part of a team
• Knowledge of professional liability insurance
• Experience with claims management systems

Benefits

• Competitive salary and bonus (based on personal & company performance)
• Comprehensive health insurance, Vision, Dental and FSA (medical, limited purpose, and dependent care)
• Company paid group term life, short-term disability and long-term disability coverage
• 401(k) with competitive company matching
• 24 Paid time off days with 2 Hiscox Days
• 10 Paid Holidays plus 1 paid floating holiday
• Paid parental leave
• 4 week paid sabbatical after every 5 years of service
• Financial Adoption Assistance and Medical Travel Reimbursement Programs
• Annual reimbursement up to $600 for health club membership or fees associated with any fitness program
• Company paid subscription to Headspace to support employees’ mental health and wellbeing

Pay

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Schedule

This particular role is hybrid and requires working in office two (2) days per week. Position can be based near the following office locations: West Hartford, CT, Atlanta, GA, Boston, MA, Chicago, IL, Manhattan, NY.