This is a role focused on technical claim handling for Chubb insured’s nationwide. In this role you will manage complex primary and excess general liability and automobile 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, settlement conferences and trials.
Responsibilities
- Provides outstanding customer service and works well with the insured, broker and TPA in the adjustment of casualty claims.
- Analyzes coverage and communicates coverage positions.
- Conducts, coordinates, and directs investigation into loss facts and extent of third-party damages.
- Directs and closely monitors assignments to defense counsel and defense team.
- Evaluates information on coverage, liability, and damages to determine the extent of exposure to the insured and the company.
- 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 30% to 40%, but it could be more as dictated by business needs.
- Seven or more years’ experience as a claims professional or attorney with a high degree of specialized and technical competence in the handling of high exposure claims with emphasis on hands-on file and litigation management.
- Automobile and General Liability (GL) experience in Products, Premises Liability, Oil / Gas and Energy, Trucking, and Advertising Injury claims.
- Strong background and demonstrated ability in dealing with significant coverage matters, including Additional Insured analyses.
- An understanding of the tenants of insurance and legal principles.
- Knowledge of Property & Casualty Group coverage and services.
- Working knowledge of industry best practices and procedures.
- An 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.
If you do not already have one, you will be required to obtain an applicable resident or designated home state adjusters license and possibly additional state licensure.
Who are we looking for?
Successful professionals at Chubb come from many backgrounds and experiences and bring that rich diversity with them to our company along with:
- an inclusive mindset which allows differences to be leveraged for better business results;
- open, transparent communication;
- teamwork and inclusion which draws on diverse ideas and perspectives; and
new ideas, innovation, and ways of thinking which support diversity.
The pay range for the role is $107,800 to $156,200. 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 UsSkills Required
- Seven or more years of experience as a claims professional or attorney handling high-exposure claims
- Hands-on file and litigation management experience
- Automobile and General Liability experience, including products, premises liability, oil and gas, energy, trucking, and advertising injury claims
- Strong experience handling significant coverage matters, including Additional Insured analyses
- Understanding of insurance tenets and legal principles
- Knowledge of Property & Casualty coverage and services
- Working knowledge of industry best practices and procedures
- Excellent interpersonal communication and negotiation skills
- Ability to make prompt decisions based on detailed analysis of complex issues
- Strong relational skills in adverse or high-pressure situations
- Applicable resident or designated home state adjuster license, or ability to obtain one
- Law degree
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.
