Attorney in Chicago, IL

In-House

Chicago, IL

Attorney in Chicago, IL

Non-practicing Attorney

Min 10 yrs required

No

Job Title:
AVP- Cyber/Technology/Media Claims

Job Responsibilities:
The AVP, Team Manager – Cyber/Tech/Media/Crime is responsible for leading a team of claim professionals who handle claims, including matters in litigation, involving Cyber, Technology Professional Liability (PL), Media, and Crime. Key responsibilities include:

- Assisting in the delivery of team objectives by developing, managing, and motivating engaged, high-performing claims professionals.
- Providing managerial support, guidance, and mentorship to the assigned team.
- Driving employee engagement and individual development, and being responsible for the team’s performance and growth.
- Ensuring adherence to company Best Practices through managerial diary and file audits.
- Reviewing and opining on coverage analyses drafted by the team, including denials.
- Driving litigation management behaviors within the assigned team.
- Identifying and providing solutions for key issues and trends to senior claims management.
- Allocating new incoming claims, reopened claims, and claims that may need to transfer due to severity.
- Acting as the escalation point for customers and brokers.
- Preparing for and participating in Roundtable presentations.
- Assisting VP or Director in preparing and presenting reserve analysis and claims trends.
- Taking an active role in the Claims/Underwriting/Actuarial feedback loop.
- Playing an active role in recruitment and onboarding.
- Providing feedback to the team, including participating fully in the performance management process.

Education and Experience Information:
- 10+ years of claims handling experience. A JD from an ABA-accredited law school may be considered as a supplement to claims handling experience.
- 5+ years of experience handling Cyber, Tech E&O, and Media, with Cyber and Tech E&O being essential.
- 4+ years of Claims management experience, preferably in multi-jurisdictions.
- Leadership and people management skills.
- Expert knowledge of claims handling practices, including coverage analysis, litigation management, and negotiation.
- Excellent analytical, critical thinking, verbal, and written communication skills.
- Strong rapport-building and relationship effectiveness skills.

Additional Factors Considered:
- Subject matter expertise.
- Demonstrated efforts to advance product innovation, improve claims processes, and/or develop a greater understanding of other aspects of the business through training, interactions with external/internal shareholders, or other relevant projects.
- Technical leader with the ability to respond to challenges that may arise when asked by direct reports or others inside and outside of the organization.

Salary Information:
The salary range for this position is $175,000 - $200,000 annually. The actual salary will be determined by several 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. Employees are also eligible for performance-based cash incentive awards as part of the comprehensive compensation and benefits program.

The company offers a variety of benefits including:
- 401(k) with competitive company matching.
- Comprehensive health insurance, vision, dental, and FSA plans.
- Company-paid group term life, short-term disability, and long-term disability coverage.
- 24 Paid time off days plus 2 company days, 10 paid holidays plus 1 paid floating holiday, and the ability to purchase up to 5 PTO days.
- Paid parental leave.
- 4-week paid sabbatical after every 5 years of service.
- Financial Adoption Assistance and Medical Travel Reimbursement Programs.
- Annual reimbursement of up to $600 for health club membership or fees associated with any fitness program.
- Company-paid subscription to Headspace to support employees’ mental health and wellbeing.
- Recognition for having a best-in-class health and wellness program.
- A dynamic, creative, and values-driven culture.
- Modern and open office spaces with complimentary drinks.
- Emphasis on volunteerism, social responsibility, and community involvement, including matching charitable donations for qualifying non-profits via the company's foundation.

About Company:
The company is an international specialist insurer, focusing on key areas of expertise and strength, underpinned by a culture that encourages challenging convention and seeking better ways of doing things. The company values smart, reliable individuals who look out for customers and each other, and who are encouraged to think creatively, challenge the status quo, and find solutions.

About Company US:
Company USA was established in 2006 to focus on the needs of small and middle-market commercial clients, and is today the fastest-growing business unit within the company Group. Company USA offers a broad portfolio of commercial products, including technology, cyber & data risk, multiple professional liability lines, media, entertainment, management liability, crime, kidnap & ransom, commercial property, and terrorism.

Diversity and flexible working at Company:
The company is committed to diversity and creating a truly inclusive culture, believing it drives success. The company supports flexible working arrangements wherever possible, and encourages candidates to discuss flexibility options with the resourcing team.

Equal Opportunity Employer Statement:
The company is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment based on race, color, sex, age, national origin, religion, sexual orientation, gender identity, veteran status, and basis of disability or any other federal, state, or local protected class.