Overview
Key responsibilities including however, not limited to the following:
- Proactively handle cyber and claims on capacity providers from first notification of loss to settlement within the delegated authorities
- Ensure that there is prompt and accurate reserving, identifying and pursuing relevant third party recoveries and seeking to reduce claims leakage
- The ability to prioritise where necessary, identifying deadlines such as those stipulated within lawsuits, demand letters and in addressing claims queries
- General claims administrative duties such as electronic file management filing and payment requests, and the production of management information
- Working closely with underwriters providing feedback on claims issues/trends and the Products team concerning the development of products and wordings
- Identify and escape claims related issues to Claims Manager and Claims Director where necessary
Overview
Key responsibilities including however, not limited to the following:
- Proactively handle cyber and claims on capacity providers from first notification of loss to settlement within the delegated authorities
- Ensure that there is prompt and accurate reserving, identifying and pursuing relevant third party recoveries and seeking to reduce claims leakage
- The ability to prioritise where necessary, identifying deadlines such as those stipulated within lawsuits, demand letters and in addressing claims queries
- General claims administrative duties such as electronic file management filing and payment requests, and the production of management information
- Working closely with underwriters providing feedback on claims issues/trends and the Products team concerning the development of products and wordings
- Identify and escape claims related issues to Claims Manager and Claims Director where necessary
Qualifications Required
- Educated to degree standard
- DIP, ACII or legal degree preferred
Experience Required
- Minimum of 3 yearsโ experience of handling claims
- Good understanding of insurance policy wordings โ cyber and tech policies a particular advantage
- Experienced with cross border and international cyber incidents or forensic investigations, or at minimum a good understanding of international considerations relating to cyber claims particularly with regards to Canada, the USA, UK, and Australia
- Experienced at working with incident response vendors, in particular legal and forensic providers
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CYBER CLAIMS HANDLER | 29911 employer: The Emerald Group Ltd, Search and Selection
Join a forward-thinking UK insurance business that champions innovation and collaboration in the Pricing function. With a hybrid work model allowing for flexibility, employees benefit from a supportive culture that prioritises professional growth and development, alongside competitive remuneration and comprehensive benefits. This role not only offers the chance to influence pricing strategy but also fosters strong interdepartmental relationships, making it an ideal environment for those seeking meaningful and impactful work.
Contact Details:
The Emerald Group Ltd, Search and Selection Recruitment Team