Chubb

Sr. Claim Specialist-Westchester Property

Chubb$85K — $123K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • College degree preferred or equivalent in education and experience
  • 3-5 years' experience in handling Commercial Property Claims
  • Proven technical knowledge in investigation and analysis of Commercial Property Claims
  • Strong knowledge of insurance contracts and industry trends
  • Excellent verbal and written communication skills
  • Highly analytical and detail-oriented
  • Ability to accept new challenges in a continuously changing business environment

Responsibilities

  • Service claims in the Westchester Excess and Surplus line
  • Utilize consultants and Independent Adjusters for loss determination and coverage analysis
  • Develop and maintain active diaries to ensure timely claim development
  • Monitor files for progression towards timely disposition
  • Recognize and pursue recovery opportunities
  • Establish accurate and timely reserves
  • Communicate effectively with internal and external customers

Benefits

  • Comprehensive benefits package
  • Eligibility for discretionary annual incentive program
  • Opportunity for professional development and licensure
  • Supportive team environment
  • Potential for career advancement within Chubb
Full Job Description
Job Description

The Chubb North American Property team services several business units within Chubb, with books of business involving large property programs written on manuscript quota share policies with contract Independent Adjusters as well as Excess and Surplus Lines. This "individual contributor" position will service claims in the Westchester Excess and Surplus line. The claim profiles range from commercial property, inland marine (including Difference in Condition policies), and small commercial business.

This position will utilize consultants and Independent Adjuster in their efforts to determine nature of loss, coverage provided, and scope of damage; promptly contact client's and contract adjusters; promptly and properly develop the file to provide accurate and timely investigation and loss analysis; maintain an active diary; monitor diary to achieve timely development of file and timely disposition of the claim; recognize and pursue recovery where possible; adhere to all statutory regulations and unfair claim practices act; establish accurate and timely reserves; effectively communicate with all internal and external customers.

Key functions of the role include ensuring the adequacy of reserves, proper valuation of claim settlements, and appropriate use of experts, providing high level of customer service, while delivering quality claim results.

Qualifications:
  • Education: College degree preferred or equivalent in education and experience.
  • Competencies/Tech Skills: Candidate must have proven technical knowledge in the investigation and analysis of Commercial Property Claims, with a minimum of 3-5 years' experience in the handling of Commercial Property Claims. This would include knowledge of insurance contracts, industry trends, and severity and a strong knowledge of Chubb's systems, procedures and philosophy. Candidate must demonstrate an ability to work in a collaborative fashion with a wide spectrum of people, develop and maintain strong business relationships within Claims and with underwriting partners. Must be an excellent verbal and written communicator with a strong ability to address diverse audiences. Candidate must be both service and results driven, highly analytical and detail-oriented with the ability to make timely and appropriate decisions. Advanced organizational and time management skills required. Ability to accept new challenges in a continued changing business environment required. Ability to coordinate, deploy and deliver claim service. Apply strategic, proactive and innovative skills to develop creative solutions and resolve problems to achieve desired business results.


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 $85,800 to $123,200. 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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