Chubb

Claim Director

Chubb$120K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of claims and/or legal experience specifically in Employment Practices Liability (EPL)
  • Law degree preferred, highlighting legal expertise in the field
  • Property & Casualty Adjusters licenses required within 90 days of employment
  • Strong knowledge of CHUBB coverage, products, and services
  • Exceptional communication and negotiation skills; capable of dealing with demanding clients

Responsibilities

  • Manage a significant caseload of Employment Practices Liability claims
  • Review policies to confirm coverage and evaluate claims thoroughly
  • Coordinate investigations into loss facts and damage extent
  • Direct assignments to experts and defense counsel as needed
  • Analyze information to assess insured’s exposure and set reserves
  • Report to reinsurers and facilitate claims collection processes
  • Travel for conferences, mediations, and trials as necessary

Benefits

  • Opportunities for professional development and continuous training
  • Supportive team environment that fosters collaboration and independence
  • Dynamic work setting with exposure to litigation and arbitration
Full Job Description
Job Description

The Claim Director, under minimal direction from the manager, investigates and settles claims promptly, equitably and within established best practices guidelines.

Responsible for investigating; settling high exposure, high risk Employment Practices Claims, including class actions

Ensure high level of customer service and claim file quality.

Identifying and evaluating coverage issues, preparing comprehensive coverage letters and analysis, retaining and managing coverage counsel through trial, and developing and managing strategy for complex coverage litigation.

Evaluating exposure through an in-depth analysis of legal and factual issues, retaining and managing litigation counsel through trial, developing and managing strategy for complex litigation

Attending arbitrations, mediations, trials.

Developing resolution strategies and negotiating settlements.

Reviewing legal budgets and legal and third-party vendor's bills.

Presenting litigation strategy for complex litigation to senior claims management and underwriting staff.

Support business leaders on an as needed basis on various claim and underwriting related issues and marketing meetings.

Responsibilities:
  • Day to day handling of substantial caseload of line of business claims.
  • 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.

Qualifications:
  • Ability to handle demanding caseload of claims pertaining to Employment Practices Liability and provide business support.
  • Approximately 5- 7 years claims and/or legal experience in the EPL area including evaluating and resolving complex matters.
  • Law degree preferred.
  • Property & Casualty Adjusters licenses in required jurisdictions within 90 days of employment;
  • Failure to obtain the licenses within 90 days will result in termination of employment
  • Desired Traits
  • Ability to work independently and assimilate learning materials on many different subjects
  • from various sources.
  • Excellent interpersonal communications and negotiation skills.
  • Ability to deal with customers in a professional manner.
  • Authoritative knowledge of CHUBB coverage, products, services, and liabilities.
  • Ability to self-motivate and self-starter.
  • Ability to make independent decisions using CHUBB best practices for guidance.Excellent verbal and written communication skills.
  • Strong interpersonal, negotiation and customer service skills.
  • Capable of dealing with highly visible and demanding customers.
  • Highly organized and able to respond to insureds and internal and external business partners in a timely manner.
  • Must be able to effectively work in a team environment.
  • 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.


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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