Chubb

Claim Compliance Director

Chubb$68K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of insurance industry experience across multiple lines
  • Expertise in workers' compensation, regulatory compliance, A&H, PIP
  • Broad knowledge of insurance regulations and privacy laws
  • Strong analytical skills for root cause analysis of compliance issues
  • Proficient in Microsoft Office Suite and reporting software
  • Ability to handle multiple projects and prioritize effectively
  • Strong communication and interpersonal skills, capable of managing across teams

Responsibilities

  • Assist with NA Claims market conduct examinations and audits
  • Develop responses to state and federal auditor inquiries
  • Conduct surveys and evaluations related to various claims areas
  • Collaborate with Quality Assurance and Compliance Manager on insurance laws
  • Perform regulatory research and monitor regulatory changes
  • Identify compliance gaps and suggest improvements
  • Support Claims Operations with technical compliance issues

Benefits

  • Comprehensive benefits package
  • Participation in discretionary annual incentive program
  • Commitment to equal employment opportunity
  • Extensive product and service offerings
  • Global operations with opportunities for diverse experiences
Full Job Description
Job Description

RESPONSIBILITIES
  • Assists with NA Claims market conduct examinations, audits, data calls and other state and federal inquiries, inclusive of the preparation of management and remediation action plans associated with Workers' Compensation, A&H and PIP.
  • Assist with and develop audit/compliance related responses to ad hoc audit requests and inquiries from various State regulators. Ability to assess, dissect, and craft a response to each matter independently for each State is a key responsibility of this role.
  • Assists with various state and federal surveys, investigations, assessments and evaluations related to workers' compensation, LSHWA and DBA. Experience with EDI reporting strongly preferred, as well as analyzing data sets to identify root cause trends.
  • Work with North American Claims QA and Compliance Manager to ensure compliance in developing areas of insurance laws and regulations. Assist with focused audits from regulators and resulting Management Action Plans as required by the State. Provide recommendations and strategies for resolutions.
  • Conduct independent regulatory research in conjunction with legal resources, North American Claims QA & Compliance Manager and others based on evolving regulatory landscapes.
  • Monitor regulatory changes that may impact the various lines of business and insurance programs. Identify gaps, weaknesses, and deficiencies, and create ongoing improvements in claim compliance.
  • Serve as a valued resource for Claims Operations, Claims IT and Claim Optimization on critical workers' compensation, A&H and PIP claims regulatory and technical issues to ensure effective and efficient claim handling processes.
  • Complete focused niche reviews based on jurisdictional compliance needs in areas of paramount importance for Chubb. Will closely collaborate with the Chubb NA Quality Assurance team on targeted and focused reviews.
  • Monitor TPA action plans against ongoing results and re-evaluation as needed


Qualifications

  • 5 or more years of insurance industry experience across multiple lines of insurance with specific experience in the area of workers' compensation, regulatory and claims compliance, A&H, PIP, claims administration and operations.
  • Broad based knowledge of jurisdictional insurance regulations and privacy laws, with extensive experience with federal and state regulatory schemes.
  • Strong analytical and technical skills to understand "root causes" of claims compliance deficiencies and respond effectively and efficiently with necessary short and long-term solutions, recommendations, and controls.
  • Experience with quality assurance, data collection and reporting software. Skilled use of Microsoft Office products (Excel, PowerPoint, Word, Outlook, Teams).
  • Ability to manage multiple projects and consistently execute and deliver in a dynamic and developing environment. Strong ability to prioritize and consistently deliver results.
  • Strong interpersonal skills, ability to communicate and manage at all levels of the organization. Able to work independently, as well as in groups.


The pay range for the role is $68,000 to $115,000. 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.

About Chubb

Chubb Limited is a Swiss-based global insurance company that provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance (A&H), reinsurance, and life insurance to a diverse group of clients. Chubb operates in 54 countries and territories and is the world's largest publicly traded property and casualty insurance company. The company has a long history, dating back to 1882, and has grown through a series of mergers and acquisitions. Chubb is known for its high-quality insurance products and services, as well as its strong financial performance and commitment to corporate social responsibility.
Learn more about Chubb
Size
31,000 employees
Market Cap
$90.7 billion
Industry
Net Income
$3.5 billion
Founded
1882
5 Year Trend
+5.3%
Revenue
$35.9 billion
NASDAQ

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