Chubb

Claims Director-Med Risk

Chubb$83K — $119K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Proven competency in technical claim management with hands-on file oversight.
  • Experience specifically in medical malpractice claims handling.
  • At least 5 years in liability claims management.
  • Bachelor's degree or equivalent professional experience required.
  • Experience handling claims across multiple jurisdictions.
  • Strong independent working skills with capability to learn from diverse sources.
  • Exceptional negotiation and communication skills with clients and partners.
  • Ability to analyze complex issues to make informed decisions under pressure.

Responsibilities

  • Confirms coverage by reviewing relevant policies and claims documents.
  • Analyzes and articulates coverage positions as directed by superiors.
  • Conducts thorough investigations into loss facts and third-party damage.
  • Oversees and assigns tasks to experts and defense counsel.
  • Evaluates claims to assess liability and damages for client exposure.
  • Sets or recommends reserve changes based on evaluative findings.
  • Facilitates reinsurance reporting and collection for accountable matters.
  • Travels to necessary meetings, mediations, and trials, estimated at 10%-25%.
  • Represents the company in negotiations, mediations, and legal proceedings.

Benefits

  • Comprehensive benefits package including medical, dental, and vision.
  • Eligibility for a discretionary annual incentive program.
  • Opportunity for employee development and training programs.
  • Supportive work environment with a focus on employee well-being.
  • Flexible working arrangements, including travel opportunities.
Full Job Description
Job Description

This is a role focused on technical claim handling for Chubb insured's nationwide. In this role you will manage complex medical liability 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, arbitrations, settlement conferences and trials.

Responsibilities

  • 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. Travel ranges from approximately 10% to 25%, but it could be more as dictated by business needs.


Qualifications

  • Should have high degree of specialized and technical competence in the handling of claims with emphasis on hands-on file management.
  • Experience managing medical malpractice claims
  • Minimum of 5 years liability claims handling experience.
  • College degree or equivalent business experience.
  • Multiple jurisdictional claims handling experience.
  • 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.

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.
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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