Claims Advocate, Financial Lines/Cyber

Baldwin Group Colleague•Denver, NY

About The Position

CAC, part of The Baldwin Group, is a leading insurance broker and advisor that provides expertise and placement capabilities across the spectrum of insurance and capital markets. Our Legal & Claims Practice Group is seeking a Claims Advocate with Financial Lines and Cyber Claims Management experience. As a Claims Advocate, you will be responsible for handling a wide range of tasks in a professional, well organized, and flexible manner.

Requirements

Bachelor’s Degree required
2-5 years of Financial Lines/Cyber/D&O claims management experience required
Strong multitasking and time management skills
Strong communication and relationship management skills
Strong analytical skills
Ability to engage with and present confidently to clients both external and internal
Ability to identify client needs and provide solutions to address those needs
Ability to set realistic client expectations and deliver in a time-sensitive environment
Strong expertise in Microsoft Office applications including Outlook, Excel, Word, and PowerPoint.
High level of professionalism and confidentiality.

Nice To Haves

paralegal certification is beneficial

Responsibilities

Directly handle claims from inception to resolution within the following lines of coverage: public and private Directors and Officers Liability, Errors and Omissions, Employment Practices Liability, Cyber and Technology Errors and Omissions, Fiduciary Liability, Crime, and Kidnap and Ransom.
Timely and accurately report new claims and circumstances while proactively identifying potential coverage issues that may impact resolution.
Obtain insurer consent for counsel retention and settlements.
Conduct analysis of coverage letters from insurers.
Facilitate the distribution of insurer coverage position(s) and status update(s) to insurers.
Schedule and moderate client meetings and conference calls with insurers.
Maintain invoice trackers and reconcile invoices against client policy retention.
Facilitate insurer reimbursement payments to clients.
Maintain up-to-date electronic claim files in the LCP shared drive.
Review loss runs and obtain status updates on all matters to ensure timely and accurate file maintenance.
Escalate claim and coverage issues on a timely basis to CAC leadership.
Develop and maintain strong working relationships with clients and insurer claim representatives.
Other duties as assigned.