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Manager, Cyber and Technology E&O Claims

Manager, Cyber and Technology E&O Claims

MarkelPlano, TX, United States
13 hours ago
Job type
  • Full-time
Job description

Overview

What part will you play? If youre looking for a place where you can make a meaningful difference, youve found it. The work at Markel gives people the confidence to move forward and seize opportunities, and youll find your fit amongst our global community of optimists and problem-solvers. Were always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! This position will be responsible for managing a team of claims examiners possessing varied experience levels. This position will oversee the resolution of cyber, technology errors & omissions, and privacy liability claims with low to high complexity and provide direction, coaching, and training. This position will report to the Director or Senior Director of claims and be responsible for conveying the organizations objectives and priorities to staff and measure progress towards stated goals.

Responsibilities

  • Direct and monitor assignments of new loss activity
  • Review and approve correspondence and reports
  • Review and approve reserves and settlements in excess of claims examiners authority
  • Investigate and analyze coverage under primary and excess cyber and technology errors & omissions policies; make coverage determinations; draft routine and complex coverage correspondence; effectively communicate coverage positions to policyholders and other partners; manage claims involving coverage litigation
  • Support distribution of cyber incident response services
  • Investigate, negotiate and settle complex primary and excess policy cyber, technology errors & omissions, and privacy liability claims
  • Make recommendations concerning reserve changes to Director or senior management
  • Participate in review and discussion of large loss activity with interested collaborators (Underwriting, Product Line Leadership, Actuarial, Executive Management)
  • Ensure that team adheres to Fair Claims Practices regulations and internal Claims Quality Performance Objectives
  • Assess and evaluate individual claims examiner and team performance, provide feedback and develop training needs
  • Prepare and distribute reports by collecting and summarizing information
  • Communicate with underwriting as needed to manage claims and to alert of any significant developments
  • Foster and encourage strong relationships with internal team members
  • Promote and enhance strong relationships with customers and channel partners
  • Participate in special projects as requested
  • Travel to other claim offices, mediations, trials, and conferences as required and when appropriate

Education

  • Bachelors degree or equivalent work experience
  • JD, advanced degree, or focused technical degree preferred
  • Certification

  • Must have or be eligible to receive claims adjuster license
  • Successful achievement of industry designations or plans to do so is a plus
  • Work Experience

  • Minimum of 5 years of relevant claims experience, preferably in cyber or professional liability
  • Excess liability (quota share, first layer and high layer) claims experience preferred
  • Prior management experience preferred
  • Skillsets

  • Ability to work in a team environment
  • Excellent written and oral communication skills
  • Strong analytical and problem-solving skills
  • Strong organization and time management skills
  • Ability to deliver outstanding customer service
  • Intermediate skills in Microsoft Office products (Excel, Outlook, Power Point, Word)
  • Strong desire for continuous improvement
  • Who we are

    Markel Group (NYSE MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

    Were all about people | We win together | We strive for better

    We enjoy the everyday | We think further

    Whats in it for you

    In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

  • We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees needs at all stages of life.
  • All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
  • We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.
  • Markel offers hybrid working schedules of 3 days in the office and 2 days remote.
  • Are you ready to play your part?

    Choose Apply Now to fill out our short application, so that we can find out more about you.

    Salary : The base salary range for the Claims Manager position is $100k - $140k / year with 35% bonus potential.

    US Work Authorization

    US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

    Pay information

    The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The salary for the position is $96,200 - $134,090 with a 25% bonus potential.

    Caution : Employment scams

    Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Therefore, for your safety, please note that :

  • All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.
  • All legitimate communications with Markel recruiters will come from email addresses.
  • Please report any job employment scams related to Markel to rarecruiting@

    Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race, color, sex, religion, creed, national origin or place of birth, ancestry, age, disability, affectional or sexual orientation, gender expression or identity, genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; etc. This listing retains the full EEO language as provided in the original.

    If you require any accommodation through the application process, please send an e-mail to the rarecruiting@

    Agency note : No agencies please.

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