Executive Specialist, Claims - Privacy, Tech E&O, Media, MPL - Remote or Hy at Crum & Forster

Jersey City, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

17 Mar, 26

Salary

180000.0

Posted On

17 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Claims Handling, Technical Evaluation, Coverage Analysis, Negotiation, Presentation Skills, Organizational Skills, Interpersonal Skills, Microsoft Office, Customer Service, Risk Management, Legal Knowledge, Professional Liability, Cyber Claims, Media Claims, E&O Claims, Mediation Attendance

Industry

Insurance

Description

Crum & Forster Company Overview Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A+" (Superior) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry. Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the 2024 Great Place to Work® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion. C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com. Job Description The Executive Specialist will handle a regular diary of primary and excess Third-Party Privacy, Cyber, Media, Miscellaneous Professional Liability, and Technology E&O claims. These claims involve a high degree of technical evaluation and often include complex issues. Experience in Professional Liability (E&O) claims is required. The Executive Specialist will be expected to analyze and resolve such claims, including determining coverage, assessing potential exposure in a timely and accurate manner, and steering the litigation and/or negotiations through resolution. This position will add to a growing department, and will report to an Executive Risk Claims Manager. This position has a flexible workplace location for the right candidate, including with the ability to work remotely (other than occasional travel) or with a hybrid in-office/remote presence in the Jersey City, NJ, Morristown, NJ, Chicago, IL or other C&F office nationwide. What you will do: Accountable for the full handling and control of all claim matters assigned from inception through resolution, including: timely coverage analysis and letter writing; investigation; evaluation; reserve adequacy and timeliness; diary maintenance; management of defense and coverage counsel; reinsurance reporting; and claim disposition. The adjustment of these claims may require occasional in-person attendance at mediations, settlement conferences and trials.. Consistent prompt evaluation of potential exposure present as to all claims assigned as well as an ability to adapt to changing circumstances as claims develop. An ability to segregate potentially significant claims possessing considerable exposure from straightforward claims. Ability to consider and formulate a possible resolution strategy at the earliest possible opportunity, including setting appropriate and timely reserves and communicating with defense counsel, insureds or others to successfully achieve such strategy. Claim presentations, both written and oral, will be required on a regular basis to bring management up to speed, obtain authority and/or formulate appropriate action plans on difficult claims. Superior customer service to policyholders, agents, and others encountered during the claims handling process is expected. Where needed, the Executive Specialist may market claim services and coordinate and participate in presentations to customers or potential customers, including in support of C&F’s underwriters. Attend conferences at various locations in the United States at the request of management. May work on special projects, as assigned. What you will bring to C&F: 3+ years of experience handling Third-Party Cyber, Media, Miscellaneous Professional Liability and/or Technology E&O claims, with opportunities for more experienced adjusters, and salary will be commensurate with experience. Candidates with experience in other professional liability lines will be considered on a case-by-case basis. Juris doctor preferred. Must possess multiple state adjuster licenses. Demonstrated presentation skills. Exceptional organizational skills. Outstanding interpersonal skills and the ability to deal effectively with support staff, claims staff, underwriting peers, actuaries, policyholders and senior management. Travel required for occasional in-person attendance at mediations, settlement conferences, trials and industry conferences. Experience with Microsoft Office suite of programs. What C&F will bring to you Competitive compensation package Generous 401K employer match Employee Stock Purchase plan with employer matching Generous Paid Time Off Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family’s wellness, including your physical, mental and financial wellbeing A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path A dynamic, ambitious, fun and exciting work environment We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community At C&F you will BELONG If you require special accommodations, please let us know. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodations, please let us know. Belonging at C&F, is a mindset. It’s about fostering a culture of inclusion and connection, where everyone feels valued, heard, and empowered to thrive and where our social impact efforts help strengthen the communities where we live and work. For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information. Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $110,000.00 to a maximum of $180,000.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs. #LI-BS1 #LI-REMOTE

Responsibilities

The Executive Specialist will manage Third-Party Privacy, Cyber, Media, Miscellaneous Professional Liability, and Technology E&O claims from inception through resolution. Responsibilities include timely coverage analysis, investigation, evaluation, and management of defense and coverage counsel.