Head of Cyber Claims at AmTrust Financial

Head of Cyber ClaimsJob LocationsUSRequisition IDJR1004765CategoryClaims - Specialty LinesPosition TypeRegular Full-TimeOverviewWe are a growing and flourishing Cyber/Tech Team with offices around the country. In this role, you will be the Head of AmTrust Cyber Claims responsible for: overseeing a group of first- and third-party cyber claims adjusters; managing relationships with outside counsel and vendors; and providing timely and meaningful claim trend information to underwriters and actuaries. Our portfolio of business includes a diverse range of industries and insureds that are SMEs through Fortune 500 companies. This position helps maintain profitable growth and account retention along with long-term company and client relationships.ResponsibilitiesManaging a claims team including implementing best practices around the investigation, analysis and evaluation of coverage liability and damagesFormulating claims and litigation strategiesAssigning, directing, and managing outside counsel and third-party vendors - including the assignment of matters and the management of costsIdentifying liability and coverage trends and issues with both individual and portfolio impact and formulating the processes and strategies for handling such claims as well as ensuring accurate and consistent claims management across impacted underwriting segments and lines of businessFacilitating the collection and analysis of claims-related data for analytic purposesReviewing and updating third party vendor panel on an ongoing basisDisseminating information on claim trends to senior management and underwriting teamsSupporting underwriting inquiries and information requestsCoaching and mentoring members of the claims teamCommunicating with senior executives, brokers, reinsurers, actuaries, insureds, and auditors (both external and internal)Qualifications5+ years of claims management experience handling primary and excess cyber claims and/or JD with insurance coverage litigation experience (ideally related to cyber/data privacy)Demonstrated ability and experience handling both first- and third-party (cyber) claims involving a wide variety of loss scenarios as well as reporting and presenting about same to senior managementIn-depth knowledge of claims, litigation, arbitration, and trial processes as well as excellent analytical, investigative, and negotiating skillsDemonstrated leadership, organizational, and management skillsAnalytical thinker that can drive results using all facets of the legal and claims processesUnderstanding of and ability to balance both the immediate claim issues as well as the broader portfolio impact and customer service impact of coverage disputes and issuesExcellent oral and written communication skills with the ability to deal effectively with people with conflicting expectations, differing opinions, and multiple viewpointsWhat We OfferAmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off. AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities. AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.Connect With Us!Not ready to apply? Connect with us for general consideration.