Chubb

Claims Director

Chubb • $125K — $150K *
Simsbury, CT 06070In-Person
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 5-7 years of claims and/or legal experience in Employment Practices Liability (EPL)
  • Law degree preferred
  • Must obtain applicable resident or designated home state adjusters license
  • Authoritative knowledge of CHUBB coverage and products
  • Strong interpersonal and negotiation skills

Responsibilities

  • Investigate and settle high exposure Employment Practices Claims
  • Ensure high customer service and claim file quality
  • Identify and evaluate coverage issues, managing coverage counsel
  • Evaluate exposure through in-depth legal and factual analysis
  • Develop resolution strategies and negotiate settlements
  • Handle substantial caseload of EPL claims on a day-to-day basis
  • Report to reinsurers and facilitate prompt collection of reinsurance

Benefits

  • Opportunity to work in both Simsbury and Windsor, CT
  • Minimal direction and autonomy in claims management
  • Support from a senior claims management team
  • Involvement in high-stakes litigated claims
  • Chance to develop expertise in complex litigation strategy
Full Job Description
Job Description

Working out of our Simsbury, CT and soon to be Windsor, CT office, The Claim Director, under minimal direction from the manager, investigates and settles litigated claims promptly, equitably and within established best practices guidelines.

Scope
  • Responsible for investigating; settling high exposure, high risk Employment Practices Claims, potentially 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 claims and underwriting related issues and marketing meetings.

Duties may include, but are not limited to:
  • Day to day handling of substantial caseload of EPL 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.
  • Direct and monitor 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 facilitate the prompt collection of reinsurance on those matters where they are accountable.
  • Travels to conferences, mediations, and trials as necessary.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 include evaluating and resolving complex matters.
  • Law degree preferred.

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-start.
  • 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
Finance & Insurance
Net Income
$3.5 billion
Founded
1882
5 Year Trend
+5.3%
Revenue
$35.9 billion
NASDAQ
CB
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Chubb

More Finance & Insurance Jobs

  • Partner
    $200K — $500K+*
    Confidential Company
    Los Angeles, CA 90001 (Los Angeles County)
    5 days ago
  • Senior Tax Associate
    $80K — $100K *
    Godsey & Gibb Wealth Management
    Richmond, VA 23230 (Henrico County)
    Reposted 1 week ago
  • Branch Manager
    $72K — $115K *
    Mechanics Bank
    Downey, CA 90242 (Los Angeles County)
    Reposted Today
  • Manhattan Associates, Inc
    Senior IT Delivery Manager, Financial Systems
    $120K — $145K *
    Manhattan Associates, Inc
    Atlanta, GA 30349 (Fulton County)
    Reposted Today
  • Senior Credit Risk Analyst
    $110K — $130K *
    Felix Technologies, Inc.
    San Francisco, CA 94112 (San Francisco County)
    Today

Find similar Claims Director jobs:

NationwideSimsbury, CT