Full-Time

Claims Counsel

Posted on 9/27/2024

Coalition

Coalition

501-1,000 employees

Active insurance and cybersecurity risk management

Cybersecurity
Financial Services

Compensation Overview

$100k - $150kAnnually

Junior, Mid

Remote in USA

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Data Analysis
Requirements
  • Juris Doctor degree is required
  • 1+ years of experience adjusting cyber claims is required
  • Demonstrated ability to work as part of a team, interact with others, meet deadlines, and successfully perform in a fast-paced, changing work environment
  • Excellent communication and interpersonal skills
  • Team-oriented with ability to excel in a collegial environment but work independently
Responsibilities
  • Handle the intake of cyber events, including the coordination with breach counsel, forensic investigators and other vendors
  • Evaluate full pending of claims in connection with the posting and recommending accurate reserves
  • Maintain accurate file documentation/information in our claims system
  • Analyze liability and damage data in connection with complex claims, maintain appropriate documentation
  • Analyze insurance coverage issues
  • Draft coverage letters
  • Intelligently manage and track third-party vendors and service providers work and spend
  • Maintain and develop relationships with brokers, various positions within an insureds’ business including: risk managers, general counsels, and a variety of vendors
  • Identify settlement opportunities to maximize impact
  • Collaborate in the defense and resolution of claims
  • Provide data and analytic based-informational support to underwriters
  • Provide support to business development with regard to marketing
  • Liaise with partner carriers on a daily basis

Coalition provides Active Insurance, which combines insurance coverage with cybersecurity tools to help businesses prevent digital risks. Their main product, Coalition Control, is a platform that offers automated cyber alerts, expert guidance, and third-party risk management to help businesses manage potential cyber attacks. Coalition stands out from competitors by not only offering insurance but also providing proactive tools and resources to mitigate risks. The company's goal is to empower businesses to navigate the cyber threat landscape effectively and reduce the likelihood of cyber incidents.

Company Stage

Series F

Total Funding

$749M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

5%

1 year growth

14%

2 year growth

29%
Simplify Jobs

Simplify's Take

What believers are saying

  • Coalition's acquisition of Jumbo enhances its B2B product offerings and customer base.
  • The rise of remote work increases demand for Coalition's cybersecurity solutions.
  • Coalition's $250 million Series F funding supports expansion and innovation efforts.

What critics are saying

  • Integration challenges from the Jumbo acquisition may divert resources from core operations.
  • Increased competition from companies like Hawk AI could threaten Coalition's market share.
  • Rapid expansion may strain operational capabilities, risking potential service disruptions.

What makes Coalition unique

  • Coalition is the first Active Insurance provider, integrating insurance with cybersecurity tools.
  • Coalition Control offers automated cyber alerts and third-party risk management globally.
  • Coalition Security Labs provides cybersecurity education and insights to policyholders and the security community.

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Benefits

Enjoy a highly fulfilling, mission-driven culture

Health, dental, and vision benefits for you and your family

Life insurance and disability benefits

Paid parental leave

401(k) plan

Wellness and commuter benefits

Flexible working hours

Open vacation days

We embrace distributed work; some benefits will vary by location

You are an owner. We offer stock options to each of our employees

INACTIVE