Ascot Group
Assistant Vice President, Cyber & Professional Liability Claims
Ascot Group - Woodbridge, New Jersey, United States
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Overview
Assistant Vice President, Cyber & Professional Liability Claims
Join to apply for the
Assistant Vice President, Cyber & Professional Liability Claims
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Ascot Group Assistant Vice President, Cyber & Professional Liability Claims
4 days ago Be among the first 25 applicants 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. 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 operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way,
The Ascot Way .
The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.
Job Summary
We are looking for an Assistant Vice President to join our Financial Lines Claims-Cyber Claims Department. The Assistant Vice President focuses on investigating, analyzing and evaluating claims. The ideal candidate should be a creative problem-solver with a skill for navigating systems and an eye for detail and accuracy.
Responsibilities
Handle a full case load of cyber, technology and miscellaneous E&O, and media liability claims. Duties include reviewing and evaluating loss notices and claims-related documents. Communicate with multiple parties in the distribution chain, including retail and wholesale brokers, underwriters, insureds and their counsel, in addition to internal claims team and senior claim management. Analyze claim submissions and draft coverage correspondence, appoint and manage breach counsel and defense counsel, circulate internal reports, establish reserves and negotiate and resolve claims. Review claim and policy information and maintain comprehensive claims files. Compile ad hoc claims reports. Assist with Ascot’s 24/7 Cyber Breach Hotline. Maintain knowledge of cyber trends and development and provide feedback to claims and underwriting team. Attend industry conferences and assist with Ascot’s marketing efforts. May be required to support other lines of business including Management Liability, Lawyers Professional Liability, and Financial Institutions depending on business needs.
Minimum Requirements
Bachelor’s degree in Business/J.D. or related field of study. 5-7 years’ of relevant experience ideally in the handling of Cyber claims. The ideal candidate must be willing to work in a fast-paced environment and be able to effectively prioritize projects and assignments for multiple internal clients. Ascot is looking to hire a self-starter who is capable of working independently in a team-oriented and collaborative environment. Must have the initiative and desire to contribute to multiple projects, some of which may fall outside the scope of a similar role at a larger company. Strong computer and claims system skills. Excellent written, verbal communication and negotiation skills. Focused eye for detail and accuracy and ability to review and understand complex contracts and insurance agreements. Strong organizational and time management skills. Desire to work as part of a team in a collaborative environment. Hybrid work environment.
***This position may be filled at a different level, depending on experience***
Compensation
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, long-term incentives, and other forms of discretionary compensation awarded by the Company. The annualized base pay range for this role is: $140,000 - $170,000.
Company Benefits
The Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits: Contributory Savings Plan (401k)
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Insurance Referrals increase your chances of interviewing at Ascot Group by 2x Get notified about new Assistant Vice President Claims jobs in
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Join to apply for the
Assistant Vice President, Cyber & Professional Liability Claims
role at
Ascot Group Assistant Vice President, Cyber & Professional Liability Claims
4 days ago Be among the first 25 applicants 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. 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 operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way,
The Ascot Way .
The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.
Job Summary
We are looking for an Assistant Vice President to join our Financial Lines Claims-Cyber Claims Department. The Assistant Vice President focuses on investigating, analyzing and evaluating claims. The ideal candidate should be a creative problem-solver with a skill for navigating systems and an eye for detail and accuracy.
Responsibilities
Handle a full case load of cyber, technology and miscellaneous E&O, and media liability claims. Duties include reviewing and evaluating loss notices and claims-related documents. Communicate with multiple parties in the distribution chain, including retail and wholesale brokers, underwriters, insureds and their counsel, in addition to internal claims team and senior claim management. Analyze claim submissions and draft coverage correspondence, appoint and manage breach counsel and defense counsel, circulate internal reports, establish reserves and negotiate and resolve claims. Review claim and policy information and maintain comprehensive claims files. Compile ad hoc claims reports. Assist with Ascot’s 24/7 Cyber Breach Hotline. Maintain knowledge of cyber trends and development and provide feedback to claims and underwriting team. Attend industry conferences and assist with Ascot’s marketing efforts. May be required to support other lines of business including Management Liability, Lawyers Professional Liability, and Financial Institutions depending on business needs.
Minimum Requirements
Bachelor’s degree in Business/J.D. or related field of study. 5-7 years’ of relevant experience ideally in the handling of Cyber claims. The ideal candidate must be willing to work in a fast-paced environment and be able to effectively prioritize projects and assignments for multiple internal clients. Ascot is looking to hire a self-starter who is capable of working independently in a team-oriented and collaborative environment. Must have the initiative and desire to contribute to multiple projects, some of which may fall outside the scope of a similar role at a larger company. Strong computer and claims system skills. Excellent written, verbal communication and negotiation skills. Focused eye for detail and accuracy and ability to review and understand complex contracts and insurance agreements. Strong organizational and time management skills. Desire to work as part of a team in a collaborative environment. Hybrid work environment.
***This position may be filled at a different level, depending on experience***
Compensation
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, long-term incentives, and other forms of discretionary compensation awarded by the Company. The annualized base pay range for this role is: $140,000 - $170,000.
Company Benefits
The Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits: Contributory Savings Plan (401k)
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Insurance Referrals increase your chances of interviewing at Ascot Group by 2x Get notified about new Assistant Vice President Claims jobs in
Iselin, NJ . Jersey City, NJ $117,000.00-$198,900.00 1 week ago AVP, Claim - Casualty Manager (Multinational)
New York City Metropolitan Area $150,000.00-$180,000.00 6 days ago Assistant Vice President- Executive and Professional Liability Claims (A&E)
New York, NY $160,000.00-$180,000.00 1 week ago Jersey City, NJ $174,500.00-$296,600.00 1 month ago Jersey City, NJ $110,800.00-$188,000.00 2 weeks ago Morristown, NJ $150,000.00-$180,000.00 6 days ago Jersey City, NJ $150,000.00-$180,000.00 6 days ago Jersey City, NJ $110,800.00-$188,000.00 3 weeks ago Whitehouse Station, NJ $144,800.00-$246,100.00 1 week ago Assistant Vice President, Cyber & Professional Liability Claims
New York, NY $140,000.00-$170,000.00 4 days ago New York, NY $120,000.00-$132,000.00 2 weeks ago Assistant Vice President- Executive and Professional Liability Claims (A&E)
New York City Metropolitan Area $200,000.00-$225,000.00 2 weeks ago Jersey City, NJ $110,800.00-$188,000.00 1 month ago Jersey City, NJ $144,800.00-$246,100.00 1 week ago Employee Benefits Claims Consultant (Group Insurance Claims Experience Required)
New York, NY $75,000.00-$90,000.00 3 hours ago Commercial Lines Regional Claims Consultant
New York City Metropolitan Area $170,000.00-$185,000.00 1 week ago AVP/VP, Commercial General Liability Claims
Morristown, NJ $129,000.00-$200,000.00 1 week ago New York, NY $165,000.00-$180,000.00 1 day ago New York, NY $130,000.00-$150,000.00 1 day ago Morristown, NJ $170,000.00-$180,000.00 15 hours ago Commercial Lines Regional Claims Consultant
Technical Claim Manager-Casualty (New York Labor Law focus, hybrid)
New York, NY $175,000.00-$225,000.00 3 months ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr