Claims Attorney, Cyber
Encino, CA - USA
Job Summary
This position involves interpretation of coverage and requires collaboration with outside counsel and vendors in analyzing and resolving claims within designated limits of includes investigation analyses of liability and damages exposure drafting and issuance of coverage position letters and development of strategies for resolution of litigated and non-litigated first and third-party claims. The Claims Attorney is also responsible for determination of probable loss exposure and establishment of reserves as well as maintenance of claim files and documents in accordance with Company policy and procedure. This position will report into the claims management team based in our Encino CA office and will work claims with limited supervision from his or her desk.
- Oversee all aspects of the litigation process for claims to minimize company risk of loss.
- Analyze coverage issues conduct investigations and evaluate to determine validity of complex claims. May work with outside counsel and effectuate same.
- Prepare and draft moderately complex legal correspondence to affected parties.
- Maintain claim files. Update files as needed.
- Communicate with agents principals claimants and other attorneys both orally and in writing concerning claim status information requests payment/denial of claim or related information.
- May attend court hearings including mediations settlement conferences and trials.
- Assign designated claims to outside counsel including management of the process compliance with company policy and procedure and approval of company charges/billing.
- Negotiate claim settlement but must seek approval or denial for claims outside defined limit.
- May provide guidance to less experienced Claims personnel including the review of settlement payments and denials.
- Licensure to practice law in the applicable state jurisdiction(s)
- Adjuster license
An active adjuster license is required in the state of residence or other designated home state either at the time of hiring or at the latest within six (6) months (Grace Period) of beginning employment and must be maintained as current at all times including timely completion of continuing education requirements. Employees who begin employment without being licensed must become licensed in their state of residence or alternatively obtain a Texas adjuster license within the Grace Period. Timely obtaining adjuster licenses in additional states which may require passing additional licensing exams may be required based on business need.
- Excellent written and verbal communication skills.
- Advanced organizational and analytical skillswith high attention to detail.
- Ability to work independently managing time and resources to accomplish multiple tasks in a fast-paced deadline-oriented environment.
- Strong interpersonal and negotiation skills.
- Ability to conduct oneself professionally in varied business settings.
Atlanta GA New York NY Encino CA Chicago IL
HYBRID ROLE
Required Experience:
IC
About Company
Tokio Marine HCC - Surety Group is a leading provider of surety bonds that help businesses and individuals provide their customers with confidence and security.