Claims Director-Med Risk

Posted Yesterday
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5 Locations
In-Office
111K-135K Annually
Senior level
Insurance
The Role
Manages complex medical liability claims from investigation through resolution, including coverage analysis, liability and damages evaluation, reserving, negotiation, settlement, and trial strategy. Directs defense counsel and experts, communicates coverage positions, reports to reinsurers, and coordinates with internal and external business partners. Represents Chubb at mediations, arbitrations, settlement conferences, trials, and management meetings. Travel is approximately 10% to 25% or as business needs require.
Summary Generated by Built In

This is a role focused on technical claim handling for Chubb insured’s nationwide.  In this role you will manage complex medical liability claims, both litigated and non-litigated.  This role requires an individual to be accountable for the handling and disposition of claims including investigation, coverage determination, reserving, negotiation and settlement or trial strategies.  This position will require some travel, as well as coordinating with and servicing both internal and external business partners.  You will represent the company at meetings with management and business partners, as well as at mediations, arbitrations, settlement conferences and trials.

 

Responsibilities

 

• Confirms coverage of claims by reviewing policies and documents submitted in support of claims.

• Analyzes coverage and communicates coverage positions, as warranted, under direction of supervisor and coverage unit.

• Conducts, coordinates, and directs investigation into loss facts and extent of third-party damages.

• Directs and monitors assignments to experts and underlying defense counsel.

• Evaluates information on coverage, liability, and damages to determine the extent of insured's exposure.

• Sets reserves within authority or makes claim recommendations concerning reserve changes to supervisor.

• Reports to reinsurers and facilitates the prompt collection of reinsurance on those matters where they are accountable.

• Travels to conferences, mediations, and trials as necessary.  Travel ranges from approximately 10% to 25%, but it could be more as dictated by business needs. 

Qualifications
  • Should have high degree of specialized and technical competence in the handling of claims with emphasis on hands-on file management. Experience managing medical malpractice claims 

  • Minimum of 5 years liability claims handling experience.

  • College degree or equivalent business experience.

  • Multiple jurisdictional claims handling experience.

  • Ability to work independently and assimilate learning materials on many different subjects from various sources.

  • Excellent interpersonal communications and negotiation skills; and an ability to deal with customers and business partners in a professional manner.

  • Ability to make prompt, intelligent decisions based upon detailed analysis of complex issues.

  • Demonstrated strong relational skills particularly in adverse or high-pressure situations.

  • A law degree is not necessary but recommended.

The pay range for the role is $111,076 to $135,404. 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.

Skills Required

  • High degree of specialized and technical competence in claims handling, including hands-on file management
  • Experience managing medical malpractice claims
  • Minimum 5 years of liability claims handling experience
  • College degree or equivalent business experience
  • Multiple-jurisdiction claims handling experience
  • Ability to work independently and assimilate learning materials from multiple sources
  • Excellent interpersonal communication and negotiation skills
  • Ability to work professionally with customers and business partners
  • Ability to make prompt, informed decisions based on detailed analysis of complex issues
  • Strong relational skills, particularly in adverse or high-pressure situations
  • Law degree
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The Company
HQ: Zürich
27,791 Employees

What We Do

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs 31,000 people worldwide. Additional information can be found at: chubb.com.

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