Senior Claims Specialist
Everest Global Services, Inc.

Job Info

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Title:
Senior Claims Specialist

Company:
Everest Insurance Company

Job Category:
Claims

Job Description:

About Everest:

Everest Group, Ltd. ('Everest' or 'the Group') is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.

Everest is a growth company with $14 Billion of Gross Written Premium offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.

About the role:

We are seeking an experienced Claims Professional to join our Cyber Claims Department. The Everest Cyber Claims Department is part of Everest Financial & Specialty Lines Claims and is a rapidly growing and collaborative group.

The ideal candidate should possess the ability to handle Cyber claims. More particularly, the ideal candidate will be able to analyze insurance coverage issues and resolve claims according to certain Best Practices and within stated authority limits. This position will report to the Director of Cyber Claims.

Responsibilities include, but are not limited to:

• Intake, investigate, determine coverage, manage and resolve Cyber, Privacy, Media and Tech E&O claims
• Review and analyze complex coverage issues and preparation of coverage position letters
• Handle demanding and complex first party Cyber Claims, including Data Breaches, Business Interruption, Contingent Business Interruption, and Extortion claims
• Handle third party privacy liability, PCI, Regulatory, Media and Tech E&O claims, resolving claims effectively and efficiently
• Assist with emergencies on a rotational on-call schedule
• Management and review of budgets, restoration plans and Business Interruption Income Proofs of Loss
• Investigation, analysis and evaluation of liability and damages
• Management and direction of outside counsel as well as reviewing & approving legal budgets and bills
• Preparation of case summary reports related to matters of significant reserve and trial activity
• Timely and appropriate setting of case reserves
• Development and execution of claim strategies as well as resolution strategies
• Negotiation and resolution of cases
• Attend mediations
• Working with underwriters supporting policy construction and drafting, reporting claim trends, data analysis and risk assessment
• Extensive communication with insureds, brokers, reinsurers and business unit contacts
• Attend client meetings and industry functions to support retention and development of client relationships and business

Skills

• Relevant experiences: A broad Insurance experience, including understanding of policy language, coverages, ethics and claim practices. Legal experience, including litigation, class action, regulatory, breach response, coverage would also be helpful. Cyber experience or understanding, including computer security, forensics, and network restoration, would also be helpful.
• Multi-tasking and prioritization skills
• Persuasive and efficient writing
• Legal and insurance claim resolution skills, including negotiations
• Accounting
• Data analysis
• Quick learning
• Collaboration
• Independence
• Problem solving
• MS Office Suite and ability to learn constantly improving program

Work Experience & Qualifications:

• The ideal candidate will have 4+ years of professional liability claims experience. Strong oral and written communication skills
• Strong analytical and organizational skills
• Strong negotiation and investigation skills
• Excellent interpersonal skills
• Ability to evaluate coverage issues involving a wide variety of loss scenarios
• Ability to think strategically
• In-depth knowledge of the litigation, arbitration, and trial process
• Currently holds or readily can obtain all required adjuster licenses
• Knowledge of the insurance industry, claims and the insurance legal and regulatory environment
• Knowledge of claims handling or insurance legal statutes and procedures
• Ability to identify and use relevant data and metrics to best manage claims
• Collaborative mind-set and willingness to work with people outside immediate reporting hierarchy to improve processes and generate optimal departmental efficiency
• Ability to and willingness to present to senior management and other group settings

• Ability to influence others and resolve complex, disputed claims
• JD Required (Currently Licensed)
• Travel is required

Everest is committed to recruiting and retaining the most talented individuals in the industry. We offer a dynamic work environment and a competitive compensation and benefit package which includes a 401k plan, retirement/savings option, tuition reimbursement, medical, dental, vision, life and group legal plans.

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law.

All considered applicants must be eligible to work in the U.S. with unexpired, acceptable employment eligibility verification documentation.

For NYC Only: The base salary range for this position is $110,000-$170,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

#LI-REMOTE

#LI-AS1

Type:
Regular

Time Type:
Full time

Primary Location:
Remote, United States

Additional Locations:

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.

Everest U.S. Privacy Notice | Everest (everestglobal.com)

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