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Cyber Claims Director

Company: W.R. Berkley Corporation
Location: Morristown
Posted on: June 9, 2021

Job Description:

Company Details

Responsibilities

The Cyber Claims Director reports to the Chief Claims Officer and is responsible for review and handling of primary and excess cyber claims from first notice of loss to successful resolution and closure. Duties and responsibilities include but are not limited to:

  • Handling highly complex investigations of cyber claims, analyze coverage and coordinate all aspects of claims settlement process.
  • Assist CCO in managing the Cyber Risk Post Breach response team, including review and approval of data breach vendors and overseeing Data Breach Coach relationships.
  • Attending client and broker meetings to market the claim capabilities of Berkley Cyber Risk Solutions
  • Managing assignments of vendors such as breach counsel and forensics and ensuring that assignments and costs incurred are appropriate
  • Providing excellent customer service to meet the needs of insureds, brokers, underwriters and all other internal and external customers.
  • Preparing Reservation of Rights, Coverage Denial letters and other complex coverage correspondence, as may be appropriate.
  • Preparing Large Loss Reports, Quarterly Reports and write-ups for monthly claims meetings.
  • Drafting Reservation of Rights letters, Coverage Denial letters and other complex correspond
  • Preparing and participating in internal and external audits.
  • Collaborating with CCO, CUO and GC with respect to any policy-related issues.
  • Assisting the CCO in providing global guidance and oversight for cyber claims within Berkley Cyber Risk Solutions.

Qualifications

  • BA/BS required and Juris Doctorate (JD) strongly preferred.
  • Bar admission in one or more jurisdictions preferred.
  • Minimum 5 years of cyber liability, management liability and/or professional liability claim adjudication experience.
  • Deep technical expertise related to policies, coverage analysis, claims settlement practices and the handling of bad faith extra-contractual matters
  • Strong interpersonal, communication and negotiation skills
  • Effective research and analysis skills
  • Able to effectively interact with all levels of the company's internal and external business partners.
  • Ability to exercise sound judgement in a variety of situations
  • Strong administrative, time management and organizational skills.
  • Willingness to travel occasionally as necessary.

Responsibilities The Cyber Claims Director reports to the Chief Claims Officer and is responsible for review and handling of primary and excess cyber claims from first notice of loss to successful resolution and closure. Duties and responsibilities include but are not limited to: - Handling highly complex investigations of cyber claims, analyze coverage and coordinate all aspects of claims settlement process. - Assist CCO in managing the Cyber Risk Post Breach response team, including review and approval of data breach vendors and overseeing Data Breach Coach relationships. - Attending client and broker meetings to market the claim capabilities of Berkley Cyber Risk Solutions - Managing assignments of vendors such as breach counsel and forensics and ensuring that assignments and costs incurred are appropriate - Providing excellent customer service to meet the needs of insureds, brokers, underwriters and all other internal and external customers. - Preparing Reservation of Rights, Coverage Denial letters and other complex coverage correspondence, as may be appropriate. - Preparing Large Loss Reports, Quarterly Reports and write-ups for monthly claims meetings. - Drafting Reservation of Rights letters, Coverage Denial letters and other complex correspond - Preparing and participating in internal and external audits. - Collaborating with CCO, CUO and GC with respect to any policy-related issues. - Assisting the CCO in providing global guidance and oversight for cyber claims within Berkley Cyber Risk Solutions.

Keywords: W.R. Berkley Corporation, Newark , Cyber Claims Director, Other , Morristown, New Jersey

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