Take the next step in your career with us. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members. 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.
Job Requirements:
A minimum of 5 years experience handling cyber liability insurance claims or related legal experience. Four-year college degree is required, but law degree is preferred. Substantial knowledge of underlying professional liability claims, cyber/technology claims and coverage issues may be substituted for direct cyber liability claims experience. Excellent negotiation, analytical and communication skills, including technical writing experience, and proficiency with Microsoft Office products, internet research and typing. Ability to accurately and timely analyze coverage and instruct and collaborate with counsel regarding litigation strategy, claim resolution and resolve claims and otherwise act within the scope of delegated authority.
Special Responsibilities:
Work requires the ability to quickly and accurately read, comprehend, analyze and produce written materials and to use a computer for long periods of time. Some travel required.
The salary range for this role is between: Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law. Working at Allied WorldOur team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:
- Instant membership in the Allied World — a global network of colleagues who will support your career journey
- A manager who will help you build your career through a structured coaching program
- Access to a full suite of learning and development tools and resources
- Global Presence
Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.
Summary
Location: Farmington
Type: Full time
