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Claims Specialist - Cybersecurity Insurance MGA

Posted 11 days agoViewed

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💎 Seniority level: Senior, 3+ years

📍 Location: USA

🔍 Industry: Cybersecurity Insurance

🏢 Company: Converge Insurance

🗣️ Languages: English

⏳ Experience: 3+ years

🪄 Skills: CybersecurityCommunication SkillsAnalytical SkillsNegotiationRisk Management

Requirements:
  • 3+ years Cyber and Tech E&O experience.
  • University degree or equivalent; J.D. not required but highly desirable.
  • Legal or technical background is ideal.
  • Working knowledge of Cyber insurance markets.
  • Strong analytical, negotiation, and influencing skills.
  • Excellent verbal, written, and interpersonal communication skills.
  • Self-starter requiring minimal supervision; capable of working collaboratively.
  • Role may include up to 10% travel.
Responsibilities:
  • Actively manage and supervise a portfolio of primarily first party and third-party cyber claims with responsibility for end-to-end adjudication processes.
  • Analyze liability and damages issues and draft coverage letters and correspondence.
  • Navigate in both primary and excess insurance claim environments.
  • Collaborate with customers and brokers to achieve advantageous claim resolutions.
  • Work with external counsel and specialized vendors on cyber incident responses.
  • Ensure effective claim administration and accurate data with the Operations team.
  • Provide high level analysis of claims portfolio results and identify trends.
  • Review and assist in developing policy wordings and tailored solutions.
  • Liaise with Actuarial, Finance, and Risk Management colleagues regarding claims and risks.
  • Represent and promote Converge at industry events.
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