Cyber Claims Counsel

We’re united by a mission : to make the world a safer place. Corvus Insurance uses novel data and artificial intelligence / machine learning to achieve better insights into commercial insurance risk.

Our software empowers brokers and policyholders to better predict and prevent complex claims through data-driven tools and Smart Commercial Insurance policies.

This allows us to reduce or eliminate the impact of adverse events, creating a safer world for everyone. Drawing inspiration from the intelligent, tool-building corvid family of birds, we are a team of high-flying collaborative builders.

We’re excited to meet you. Spread your wings and soar with us.

Any additional information you require for this job can be found in the below text Make sure to read thoroughly, then apply.

This role will start fully remote, but will transition to a hybrid schedule in June 2025 (3 days / week in office, 2 days / week remote).

Role Summary

Corvus is seeking a Cyber Claims Counsel to join its growing team reporting to its Vice President, Claims and working alongside the Risk Advisory team.

This individual should have significant experience handling cyber claims and a familiarity with the breach response process.

Prepare to work alongside talented individuals to assist in building procedures and programs to effectively handle breach response and improve the claims handling experience.

The individual should be highly motivated and excited to build thought leadership in the cyber claims industry.

Responsibilities

Promptly investigate, negotiate, and manage cyber claims

Utilize knowledge of insurance contracts, claims investigations, and vendor management to make appropriate claim reserve recommendations

Analyze primary and excess coverage, make coverage determinations, and draft coverage correspondence

Collaborate and coordinate with the Corvus Risk + Response team to assist policyholders in pre-breach and breach response services

Appoint and manage defense / breach counsel and vendors

Establish an effective risk management structure

Proactively work toward economic resolution of Cyber claims

Control litigation and expense management

Effectively communicate coverage positions to Corvus policyholders

Maintain frequent interaction with Underwriting team to communicate claim developments and trends

Responsible for implementation, monitoring and reporting on results of assigned special projects

Drive employee engagement by exhibiting passion about the company, values, business and our customers

Maintain well documented claim file notes

What you’ll bring to the flock

JD required

Significant experience handling complex insurance claims

Cyber experience preferred

D&O, EPL, Fiduciary, and / or E&O claims experience

VCA claims system experience, a plus

Licensed Insurance Adjuster (multiple licenses a plus and willingness to obtain additional licenses)

Experience drafting coverage letters with a strong grasp of coverage issues

Experience reviewing litigation budgets and statements of work

Have an excellent understanding and demonstrated ability to apply the technical aspects of claim handling

Seeking ambitious individuals eager to build and grow expertise with Corvus and in the cyber industry

Excellent writing and analytical skills

Compensation Range : $130K - $160K

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