Responsibilities
- Analyzes, investigates, and evaluates the loss to determine coverage and claim disposition.
- Utilizes CMS to document claims and to diary future events or follow-up.
- Within prescribed settlement authority, establishes appropriate reserves for both indemnity and expense and reviews on a regular basis to ensure adequacy.
- Makes recommendations to set reserves at appropriate level for claims outside of authority level.
- Prepares comprehensive reports as required.
- Identifies and communicates specific claim trends and account and/or policy issues to management and underwriting.
- Manages the litigation process through the retention of counsel.
- Adheres to the line of business litigation guidelines to include budget, bill review and payment.
- Pro-actively manages the case resolution process.
- Actively participates in mediations and arbitrations, as well as negotiation discussions within limit of settlement authority.
- Participates in the claims audit process.
- Provides claims marketing services by meeting with brokers, risk managers and reinsurers.
- As required, maintains insurance adjuster licenses.
Requirements
- Must have Cyber/Media/Tech Liability Experience
Work Arrangement
Hybrid — Bala Cynwyd, PA, Boston, MA, Hoffman Estates, IL, Indianapolis, IN, Lake Oswego, OR, Las Vegas, NV, Plano, TX, Suwanee, GA, Syracuse, NY, Tampa, FL, Weatogue, CT
Additional Information
- You will be required to go into the office twice a week if you reside within 50 miles of one of the listed offices.
- This policy is subject to change.
