3-5 years of experience as a claims professional or attorney with expertise in high exposure claims management.
Experience in Automobile and General Liability claims, including Products, Premises Liability, Oil/Gas and Energy, Trucking, and Advertising Injury.
Strong background in significant coverage matters, particularly Additional Insured analyses.
Understanding of insurance and legal principles.
Knowledge of Property & Casualty Group coverage and services.
Ability to work independently and assimilate diverse learning materials.
Excellent interpersonal communication and negotiation skills.
Responsibilities
Provide outstanding customer service to insureds and brokers in adjusting various claims.
Analyze coverage and communicate positions under supervisor guidance.
Conduct and direct investigations into loss facts and third-party damages.
Monitor assignments to experts and defense counsel closely.
Evaluate coverage, liability, and damages to assess exposure to the insured and company.
Set reserves within authority or recommend changes to supervisor.
Travel to conferences, mediations, and trials as necessary, with travel ranging from 10% to 20%.
Benefits
Comprehensive benefits package including health, dental, and vision insurance.
Participation in a discretionary annual incentive program.
Opportunities for professional development and training.
Support for obtaining necessary state adjusters licenses.
Full Job Description
Job Description
This is a role focused on technical claim handling for Westchester insured's nationwide. In this role you will manage complex excess casualty, 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
Provides outstanding customer service and works well with the insured and broker in the adjustment of mainstream casualty, specialty risks, and business auto 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 closely monitors assignments to experts and defense counsel.
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.
Travels to conferences, mediations, and trials as necessary. Travel ranges from approximately 10% to 20%, but it could be more as dictated by business needs.
Qualifications
3 - 5 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.
The pay range for the role is $83,600 to $119,900. 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 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.