Cyber Adjuster Claims Specialist II

Title: Cyber Adjuster Claims Specialist II Company: Everest Insurance Company Job Category: Claims Job Description: Everest Insurance Company, a member of Everest Re Group, Ltd., is seeking an experienced Claims Professional to join our Cyber Claims Department, located in our New York City office. 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 claimseffectively and efficiently Assist with emergencies on a rotational on-call schedule Management and review of budgets, restoration plans and Business Interruption Income Proofsof 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 clientrelationships 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 programs Work Experience & Qualifications: The ideal candidate will have 3-5 years of professional liability claims experience. Strong oral andwritten 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 reportinghierarchy to improve processes and generate optimal departmental efficiency 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. For NY Only: The base salary range for this position is $120,000 - $160,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. Type: Regular Time Type: Full time Primary Location: Warren, NJ Additional Locations: New York, NY 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) Beware of recruitment fraud Please be cautious of phishing scams involving fake Everest job postings and individuals posting as Everest representatives making phony job offers. Always verify the identity of the recruiting professionals you work with. What you should know: At Everest, your privacy, security, and safety are of utmost importance to us. Everest will never ask for payment or any financial information as part of the hiring process. All job-related written communications from our internal recruitment team will come from official email addresses that end in our company domain. EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.

Salary : $120,000 - $160,000