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We’re united by a mission: to make the world a safer place. Corvus Insurance uses novel data and artificial intelligence/machine learning to achieve better insights into commercial insurance risk. Our software empowers brokers and policyholders to better predict and prevent complex claims through data-driven tools and Smart Commercial Insurance policies. This allows us to reduce or eliminate the impact of adverse events, creating a safer world for everyone. Drawing inspiration from the intelligent, tool-building corvid family of birds, we are a team of high-flying collaborative builders. We’re excited to meet you. Spread your wings and soar with us.
Corvus is seeking a Cyber Claims Manager to join its growing team reporting to its VP, Claims and working alongside the Risk Advisory, Underwriting, and Claims Operations teams. This individual should have significant experience handling Cyber claims and a familiarity with the breach response process.
Prepare to work alongside talented individuals to assist in building procedures and programs to effectively handle breach response and improve the claims handling experience. The individual should be highly motivated and excited to build thought leadership in the Cyber claims industry.
This position will start in a fully remote setting, but will likely transition to a hybrid schedule within the next year.
Responsibilities:
Promptly investigate, negotiate, and manage Cyber claims
Utilize knowledge of insurance contracts, claims investigations, and vendor management to make appropriate claim reserve recommendations
Analyze primary and excess coverage, make coverage determinations, and draft coverage correspondence
Collaborate and coordinate with the Corvus Risk Advisory team to assist policyholders in pre-breach and breach response services
Appoint and manage defense/breach counsel and vendors
Establish an effective risk management structure
Proactively work toward economic resolution of Cyber claims
Control litigation and expense management
Effectively communicate coverage positions to Corvus policyholders
Maintain frequent interaction with Underwriting team to communicate claim developments and trends
Responsible for implementation, monitoring and reporting on results of assigned special projects
Drive employee engagement by exhibiting passion about the company, values, business and our customers
Maintain well documented claim file notes
What you’ll bring to the flock:
Significant experience handling Cyber claims
D&O, EPL, Fiduciary, E&O, and Tech E&O claims experience a plus
Claims operating systems experience
Experience with Microsoft and Google suite environments
Licensed Insurance Adjuster (multiple licenses a plus and willingness to obtain additional licenses)
Experience drafting coverage letters with a strong grasp of coverage issues
Experience reviewing litigation budgets and statements of work
Have an excellent understanding and demonstrated ability to apply the technical aspects of claim handling
Seeking ambitious individuals eager to build and grow expertise with Corvus and in the cyber industry
Excellent writing and analytical skills
College degree required
Compensation Range: $90K - $115K
Full Time
IT Outsourcing & Consulting
$161k-195k (estimate)
03/25/2024
05/09/2024
corvusinsurance.com
BOSTON, MA
100 - 200
2017
PHIL EDMUNDSON
$10M - $50M
IT Outsourcing & Consulting
The job skills required for Cyber Claims Manager include Leadership, Economics, Insight, Communicates Effectively, etc. Having related job skills and expertise will give you an advantage when applying to be a Cyber Claims Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Cyber Claims Manager. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Cyber Claims Manager positions, which can be used as a reference in future career path planning. As a Cyber Claims Manager, it can be promoted into senior positions as a Cyber Security Architect Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Cyber Claims Manager. You can explore the career advancement for a Cyber Claims Manager below and select your interested title to get hiring information.