Claims Specialist/Senior Claims Specialist – Cyber Risk

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Legal & ComplianceClaims Specialist

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Quick Summary

Overview

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group.

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Legal & ComplianceClaims Specialist

Responsibilities

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→Manages an inventory of complex first and third party cyber liability, privacy, errors and omissions and media liability claims.
→Participates as a member of the incident response team and collaborates with specialized experts including privacy counsel, digital forensics teams, threat actor communication experts and digital restoration firms.
→Plans and conducts complex claims investigations to confirm coverage and to determine liability, compensability and damages. Works with internal and external coverage counsel as required. Drafts detailed coverage determination letters.
→Analyzes and negotiates appropriate claim settlements and maintains reserves within prescribed authority. May attend arbitrations, mediations, depositions, or trials.
→Conveys complex information regarding coverage and settlements to insureds, claimants, and external/internal partners.
→Authorizes payments in accordance with assigned authority limits and ensures that payments are made in a timely manner.
→Maintains accurate and detailed claim files, including file documentation, correspondence, reports, and settlement agreements.
→May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
→Performs other duties as assigned.

Requirements

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Bachelor’s Degree required.
Generally, a minimum of 4-5 years of experience in property and casualty claims handling is preferred.
Paralegal and Legal Professional candidates encouraged to apply.
Prior cyber claims experience preferred for candidates outside the Cincinnati area.
Experience with Cyber, Privacy, Network Security, Professional Liability, or other specialty commercial claims is highly valued.

Completion of or continuing progress toward a professional designation such as the Associate in Claims (AIC) designation preferred.
Excellent oral and written communication skills with the ability to build relationships and lead negotiations.
Strong critical and analytical skills required.
Active claims adjuster licenses are strongly preferred, with the ability and willingness to obtain additional licenses as required.
Ability to travel 5-10% of the time.

Cyber

$70,000.00 -$120,000.00

What We Offer

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We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.