Ascot Group
Assistant Vice President, Cyber & Professional Liability Claims
Ascot Group, Stamford, Connecticut, United States, 06925
Assistant Vice President, Cyber & Professional Liability Claims
Join to apply for the
Assistant Vice President, Cyber & Professional Liability Claims
role at
Ascot Group Job Description
This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations. Designed as a modern-era company operating through an ecosystem of interconnected global platforms, we’re bound by a common mission:
One Ascot . Our strength lies in a talented team that thrives in a collaborative, inclusive, and entrepreneurial culture, committed to underwriting excellence, integrity, and innovation,
The Ascot Way . The Ascot Way guides our organization. Our platforms collaborate to deploy capital creatively through our Fusion Model: Client Centric, Risk Centric, Technology Centric. We aim to maximize client security while providing bespoke products and world-class service, both pre- and post-claims, to solve our clients’ brightest tomorrow through agility, resilience, and discipline. Job Summary
We seek an Assistant Vice President for our Financial Lines Claims-Cyber Claims Department. The role involves investigating, analyzing, and evaluating claims. The ideal candidate is a creative problem-solver with system navigation skills and a keen eye for detail and accuracy. Responsibilities
Manage a full caseload of cyber, technology, E&O, and media liability claims, including reviewing loss notices and related documents. Communicate with brokers, underwriters, insureds, counsel, and internal teams. Analyze claims, draft coverage correspondence, manage legal counsel, establish reserves, negotiate, and maintain comprehensive claims files. Prepare ad hoc claims reports. Support Ascot’s 24/7 Cyber Breach Hotline. Stay informed on cyber trends and provide feedback to teams. Attend industry conferences and support marketing efforts. Potentially support other lines such as Management Liability, Lawyers Professional Liability, and Financial Institutions based on business needs. Minimum Requirements
Bachelor’s degree in Business, J.D., or related field. 5-7 years’ relevant experience, preferably in Cyber claims. Ability to work in a fast-paced environment, prioritize effectively. Self-starter capable of independent work within a team-oriented environment. Strong computer and claims system skills. Excellent communication and negotiation skills. Detail-oriented with the ability to understand complex contracts. Strong organizational skills and time management. Desire to collaborate in a team setting. Hybrid work environment. This position may be filled at a different level depending on experience. Compensation
The annual base salary range is $140,000 - $170,000, with potential variations based on experience and skills. Total compensation may include bonuses and incentives. Benefits
Includes health, dental, vision, flexible spending accounts, life insurance, disability, paid holidays, PTO, 401(k), and other benefits, subject to eligibility. Additional Details
Seniority level: Mid-Senior level Employment type: Full-time Job functions: Finance and Sales Industry: Insurance This job is active and accepting applications.
#J-18808-Ljbffr
Join to apply for the
Assistant Vice President, Cyber & Professional Liability Claims
role at
Ascot Group Job Description
This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations. Designed as a modern-era company operating through an ecosystem of interconnected global platforms, we’re bound by a common mission:
One Ascot . Our strength lies in a talented team that thrives in a collaborative, inclusive, and entrepreneurial culture, committed to underwriting excellence, integrity, and innovation,
The Ascot Way . The Ascot Way guides our organization. Our platforms collaborate to deploy capital creatively through our Fusion Model: Client Centric, Risk Centric, Technology Centric. We aim to maximize client security while providing bespoke products and world-class service, both pre- and post-claims, to solve our clients’ brightest tomorrow through agility, resilience, and discipline. Job Summary
We seek an Assistant Vice President for our Financial Lines Claims-Cyber Claims Department. The role involves investigating, analyzing, and evaluating claims. The ideal candidate is a creative problem-solver with system navigation skills and a keen eye for detail and accuracy. Responsibilities
Manage a full caseload of cyber, technology, E&O, and media liability claims, including reviewing loss notices and related documents. Communicate with brokers, underwriters, insureds, counsel, and internal teams. Analyze claims, draft coverage correspondence, manage legal counsel, establish reserves, negotiate, and maintain comprehensive claims files. Prepare ad hoc claims reports. Support Ascot’s 24/7 Cyber Breach Hotline. Stay informed on cyber trends and provide feedback to teams. Attend industry conferences and support marketing efforts. Potentially support other lines such as Management Liability, Lawyers Professional Liability, and Financial Institutions based on business needs. Minimum Requirements
Bachelor’s degree in Business, J.D., or related field. 5-7 years’ relevant experience, preferably in Cyber claims. Ability to work in a fast-paced environment, prioritize effectively. Self-starter capable of independent work within a team-oriented environment. Strong computer and claims system skills. Excellent communication and negotiation skills. Detail-oriented with the ability to understand complex contracts. Strong organizational skills and time management. Desire to collaborate in a team setting. Hybrid work environment. This position may be filled at a different level depending on experience. Compensation
The annual base salary range is $140,000 - $170,000, with potential variations based on experience and skills. Total compensation may include bonuses and incentives. Benefits
Includes health, dental, vision, flexible spending accounts, life insurance, disability, paid holidays, PTO, 401(k), and other benefits, subject to eligibility. Additional Details
Seniority level: Mid-Senior level Employment type: Full-time Job functions: Finance and Sales Industry: Insurance This job is active and accepting applications.
#J-18808-Ljbffr