Job Title: Cyber Claim Counsel
Job Responsibilities:
- Follow operational policies to analyze, investigate, and resolve Bond & Specialty Insurance (BSI) claims of varying levels of severity with moderate supervision from claims management.
- Prepare and present reports for management that accurately reflect loss development, potential/actual financial exposure, reserve adjustments, coverage issues, and claim and recovery strategies.
- Retain, monitor, and manage outside counsel actively utilizing litigation management plans and budgets.
- Communicate with underwriting on significant claim exposures.
- Develop the ability to identify all recovery opportunities and coordinate recovery efforts with the Recovery Management Unit and Claim management.
- Travel to and attend mediations, settlement conferences, claim conferences, field office visits, trials, and depositions.
- Refine policy interpretation/coverage analysis skills, including drafting coverage opinions with case law included.
- Strengthen the ability to negotiate settlements/resolutions and review releases and settlement agreements, including confidentiality and non-disclosure provisions.
- Support underwriting marketing efforts, including participation in broker and account visits and risk mitigation seminars, and authoring customer-focused white papers and articles.
- Monitor marketplace conditions, conduct research, and draft reference materials to inform claim and underwriting colleagues on law impacting the company's underwriting and claim decisions.
- Obtain and maintain required adjusters’ licenses.
- Perform other duties as assigned.
Education and Experience Information:
- Bachelor’s Degree is required.
- Juris Doctorate Degree is required.
- Must be properly licensed, registered, or authorized, and in good standing, to practice law in the jurisdiction in which you will be working.
- Two years of relevant legal experience is required.
- Five or more years of relevant legal or claim handling work experience is preferred.
Salary Information:
- The annual base salary range for this position is $106, to $175,. The actual salary will be determined by various 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.
Benefits Information:
- Health Insurance: Coverage for employees and their eligible family members, including spouses, domestic partners, and children, from the first day of employment.
- Retirement: Company matches 401(k) contributions dollar-for-dollar up to the first 5% of eligible pay, subject to an annual maximum. Includes the Paying it Forward Savings Program for those with student loan debt.
- Paid Time Off: Minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
- Wellness Program: Tools, discounts, and resources to achieve wellness goals, including access to free professional counseling services and health coaching.
- Volunteer Encouragement: Matching Gift and Volunteer Rewards program to support community involvement.
Employment Practices:
- The company is an equal opportunity employer, valuing the unique abilities and talents each individual brings to the organization.
- Candidates in Colorado are not required to disclose dates of attendance at or graduation from educational institutions, in accordance with local law.
- The company reserves the right to fill this position at a level above or below the level included in this posting.
For more information on comprehensive benefit programs, visit the company’s website.
