Chubb
Claim Director
Chubb, Phila, Pennsylvania, United States, 19117
Job Description
JOB RESPONSIBILITIESAnalyze contracts, policies, applicable law and facts/circumstances surrounding claims to determine appropriate coverage position, and to resolve claims on reasonable terms and at an appropriate value.Responsible for conducting/managing factual claims investigation, including communications with policyholders, remediation experts, counsel and others to gather all claim facts.Negotiate cost sharing agreements with carriers/policyholders.Assign defense counsel, and manage litigation strategy and budgets.Evaluate claims and make recommendations to management regarding claim resolution plans.Maintain physical/electronic claim file, and claim information captured in claim systems.Respond to internal requests for information from management, reinsurers, auditors, etc.Prepare timely and accurate reports to management regarding significant claim developments.Provide the highest levels of service to Chubb business partners.Some travel may be required.Qualifications
MINIMUM REQUIREMENTS
High degree of technical competence in the handling of high exposure claims and a minimum of 5 years of relevant experience - emphasis in the areas of asbestos and/or environmental claims preferred but not required.4 year college degree.Law degree preferred.DESIRED QUALIFICATIONS:
Experience directly managing defense counsel.Experience managing disputed/litigated coverage matters.Experience interpreting and analyzing the application of general liability policies.Analytical skills.Superior oral and written communication skills.Ability to effectively utilize claim and financial tracking systems.Organization and time management skills.Experience in a work environment that required collaboration across work groups.Significant knowledge of Excel and data management tools.Working knowledge of Microsoft Office utilities.
The pay range for the role is $92,500 to $158,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled
About Us
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
JOB RESPONSIBILITIESAnalyze contracts, policies, applicable law and facts/circumstances surrounding claims to determine appropriate coverage position, and to resolve claims on reasonable terms and at an appropriate value.Responsible for conducting/managing factual claims investigation, including communications with policyholders, remediation experts, counsel and others to gather all claim facts.Negotiate cost sharing agreements with carriers/policyholders.Assign defense counsel, and manage litigation strategy and budgets.Evaluate claims and make recommendations to management regarding claim resolution plans.Maintain physical/electronic claim file, and claim information captured in claim systems.Respond to internal requests for information from management, reinsurers, auditors, etc.Prepare timely and accurate reports to management regarding significant claim developments.Provide the highest levels of service to Chubb business partners.Some travel may be required.Qualifications
MINIMUM REQUIREMENTS
High degree of technical competence in the handling of high exposure claims and a minimum of 5 years of relevant experience - emphasis in the areas of asbestos and/or environmental claims preferred but not required.4 year college degree.Law degree preferred.DESIRED QUALIFICATIONS:
Experience directly managing defense counsel.Experience managing disputed/litigated coverage matters.Experience interpreting and analyzing the application of general liability policies.Analytical skills.Superior oral and written communication skills.Ability to effectively utilize claim and financial tracking systems.Organization and time management skills.Experience in a work environment that required collaboration across work groups.Significant knowledge of Excel and data management tools.Working knowledge of Microsoft Office utilities.
The pay range for the role is $92,500 to $158,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled
About Us
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.