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Sr. Claims Specialist, Professional Liability (Cyber)

Telecommuter IL

Taking care of people is at the heart of everything we do, and we start by taking care of you, our valued colleague. A career at Sedgwick means experiencing our culture of caring. It means having flexibility and time for all the things that are important to you. Itā€™s an opportunity to do something meaningful, each and every day. Itā€™s having support for your mental, physical, financial and professional needs. It means sharpening your skills and growing your career. And it means working in an environment that celebrates diversity and is fair and inclusive.Ā 

A career at Sedgwick is where passion meets purpose to make a positive impact on the world through the people and organizations we serve. If you are someone who is driven to make a difference, who enjoys a challenge and above all, if youā€™re someone who cares, thereā€™s a place for you here. Join us and contribute to Sedgwick being a great place to work.


Great Place to WorkĀ®
Most Loved WorkplaceĀ®Ā 
Forbes Best-in-State Employer

Sr. Claims Specialist, Professional Liability (Cyber)

PRIMARY PURPOSE: To analyze complex or technically difficult Cyber and other Professional Liability claims; to provide resolution of medium to highly complex nature claims; to perform within Company standards, industry best practices and specific client service requirements; and to manage the total claim costs while providing high levels of customer service.

ESSENTIAL FUNCTIONS and RESPONSIBILITIES

Claims Management and Processing:

  • Handle a diverse portfolio of cyber claims, including various Professional Liability claims, for various insurance company clients
  • Conduct comprehensive investigations into incidents, including data breaches, ransomware attacks, and business interruption claims
  • Analyze policy wordings and determine coverage applicability for each claim
  • Draft coverage letter
  • Maintain accurate claim files and documentation in compliance with client-specific guidelines and regulatory requirements
  • Identifies and investigates for possible fraud, subrogation, contribution, recovery, and case management opportunities to reduce total claim cost.

Client Relations:

  • Serve as the primary point of contact for assigned insurance company clients
  • Provide regular updates and reports to clients on claim status, trends, and potential high-exposure cases
  • Recommends settlement strategies; brings structured settlement proposals as necessary to maximize settlement.
  • Represents Company in depositions, mediations, and trial monitoring as needed.

Vendor Management:

  • Coordinate with and oversee external vendors, including forensic experts and legal counsel
  • Manage vendor expenses and ensure adherence to client-specific billing guidelines
  • Evaluate vendor performance and make recommendations for the vendor panel

Technical Expertise:

  • Stay current ā€¦
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