Claims Counsel, Coalition
$100-150k
Cyber insurance and security for businesses
Open for applications
Cyber insurance and security for businesses
501-1000 employees
Open for applications
$100-150k
501-1000 employees
Company mission
To protect the unprotected from technology failures and cyber-attacks, helping manage risk online so they can focus on growth.
Role
Who you are
- 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
What the job involves
- The Claims team at Coalition stands apart for our outstanding level of client service and intelligent handling of claims for our insured customers
- As a team, Claims is about finding ways to help our clients solve cyber risk. As we continue to expand, we are seeking an experienced attorney to join our cyber claims team and to lend a hand in handling complex primary Cyber, Tech, and Media policies
- You will also provide support to the underwriting team and manage/collaborate with a variety of vendors namely - breach coaches, defense counsel, and coverage counsel for Coalition and its partner carriers
- 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
Our take
The cybersecurity industry has been going through a record-breaking period of investment. This trend has emerged as more companies move to cloud-based networks following the increase of out-of-office work, thus increasing the risk of cyber attacks. However, many cutting-edge cyber defences are too expensive for many companies.
Coalition’s joint offering of cyber security tools, a risk management platform, and cyber insurance allows companies to manage the ever-present risk of cyber threats.
The company has made a strong start since its 2017 launch, raising nearly $800 million in funding. There are a number of other fast-growth startups in the cybersecurity space, including Wiz and Orca Security, but Coalition’s shrewd insurance-based model is what sets it apart from the competition. The company has set out on a path toward global expansion, branching out from the US and Canadian markets to bring its solutions to the UK, whilst also acquiring smaller competitors like JUMBO.
Steph
Company Specialist
Insights
Company
Funding (last 2 of 6 rounds)
Jul 2022
$250m
SERIES F
Sep 2021
$205m
SERIES E
Total funding: $770m
Company benefits
- Paid parental leave
- 401k plan
- Stock option plan
- Open vacation days
- Flexible working hours
- Work from home opportunities
- Health insurance
Company values
- Character - We are never too big to do the small things that need to be done. We balance pride with humility: absolute pride in performance; total humility before the magnitude of the task
- Humility - We aren’t afraid to ask questions, including simple ones like: can we do this better?
- Responsibility - We are building an environment of personal and professional development, in which an individual takes responsibility and shares ownership
- Purpose - The more you have to play for, the better you play. We are all here to build something we believe in and to make a company that will last
- Authenticity - We refuse to be distracted by the clamor of competitors or the tired industry in which we operate. We have the courage to follow our heart and intuition
- Diversity - The strength of the wolf is the pack. We’ve built an environment where all team members can thrive irrespective of their ideas, creed, gender, religion, sexual orientation, or any other arbitrary subdivision
Company HQ
Financial District, San Francisco, CA
Articles
Leadership
Joshua Motta
(CEO)After studying at the University of Chicago, Joshua worked at Goldman Sachs for a year before moving to Private Equity at Francisco Partners, and working as an IGNIA Partners Investor. He left his role at Cloudflare to co-found Coalition in March 2017.
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