Claims Specialist

OdysseyRe

$75K — $150K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2-5 years of claims or litigation experience in cyber liability claims required.
  • Preferred experience in handling other professional liability claims including medical, employers, architects & engineers, and legal claims.
  • Familiarity with determining coverage on complex insurance policies.
  • Experience with nationwide claims handling is essential.
  • Strong writing and presentation skills for reporting purposes are necessary.
  • Ability to collaborate with Program administrators for program development.

Responsibilities

  • Conduct coverage analysis and investigations for professional liability claims.
  • Negotiate settlements for claims with both primary and excess coverage.
  • Manage the claims process and ensure compliance with industry standards.
  • Prepare internal and external reports on claims status and outcomes.
  • Collaborate with team members to enhance claims handling processes.
  • Travel to mediations as needed to resolve claims disputes.

Benefits

  • Comprehensive healthcare plans.
  • 401(k) retirement plan with company matching.
  • Professional development opportunities.
  • Flexible work arrangements.
  • Employee wellness programs.
Full Job Description
Position Description: The Claims Specialist is responsible for the coverage analysis, investigation, negotiation and settlement of financial lines claims, including cyber, D&O and/or E&O.

Skills, Knowledge and Abilities:
  • 5 years of claims or litigation experience handling cyber liability claims, both primary and excess required. Additional experience handling D&O, E&O (medical, employers, architects, engineers, insurance agents and/or lawyers) and/or other financial lines claims preferred.
  • Experience with determining coverage on insurance policies with multiple coverage types.
  • Experience handling claims on a nationwide basis.
  • Ability to travel to mediations, as required.
  • Must possess good writing and presentation skills for internal and external reporting and projects.
  • Must be able to partner with our Program administrators to support program growth.


Education/Experience:
  • Bachelor's degree required, JD preferred.


The pay range for this role is $75,000 - 150,000. The specific offer will depend on an applicant's skills and other factors.

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