Chubb

VP, Coverage & Complex Claims

Chubb$161K — $234K *
Legal & Accounting
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15+ years of experience as a lawyer or claims professional with expertise in complex coverage issues.
  • Strong background in litigation management, particularly for high exposure claims.
  • Law degree preferred; equivalent industry experience considered.
  • Excellent organizational, writing, and interpersonal communication skills.
  • Proven customer service abilities and capacity to work professionally with clients.

Responsibilities

  • Lead and develop a team of 5-7 claims professionals handling complex coverage claims.
  • Formulate claims and litigation strategies, managing outside counsel in coverage disputes.
  • Oversee discovery issues and prepare company witnesses for legal proceedings.
  • Attend court proceedings including mediations, trials, and appeals.
  • Guide claims disciplines on coverage disputes and strategic direction in claim handling.
  • Manage coverage counsel and litigation costs, collaborating with vendor management teams.
  • Support actuarial and underwriting with data analysis and reporting on claims trends.

Benefits

  • Comprehensive benefits package including health insurance and retirement plans.
  • Participation in a discretionary annual incentive program.
Full Job Description
Job Description

Chubb is seeking a Vice President to join our Coverage and Complex Claims Department and lead a team. The candidate should possess the ability to lead and develop a sophisticated team of claims professionals handling and managing a wide variety of Casualty (Personal Lines & Commercial Lines) claims with coverage issues as well as coverage litigation, in a diverse and complex operating environment. Experience involving Financial Lines (D&O E&O, EPLI, Fidelity, Surety & Political Risk), Property (Personal Lines & Commercial), Worker's Compensation, and Accident & Health will also be considered. The ideal candidate will be able to lead and develop a team of claims professionals that will handle claims with complex coverage issues and coverage litigation, focused on resolving claims in keeping with established best practices and within stated authority limits.

This role will be responsible for leading and developing a team of claims professionals that will be responsible for:
  • Managing a team of 5-7 claims professionals directly handling and managing claims involving complex coverage issues, including the investigation, analysis and evaluation of coverage liability and damages and directly handling coverage disputes, including matters in litigation and arbitration both initiated by Chubb issuing companies and when Chubb issuing companies are named in such litigation.
  • Formulating claims and litigation strategies, assigning, directing and managing outside counsel in coverage litigation both initiated by Chubb issuing companies and when such companies are named in litigation or arbitration.
  • Managing discovery issues and responses, including opportunities to ensure consistency as well as identifying relevant and responsive information as well as ensuring proper and adequate preparation of company witnesses for deposition and trial testimony.
  • Attending critical court proceedings, including mediation and settlement conferences as well as trials and appeals.
  • Providing guidance to claims disciplines regarding coverage issues, coverage disputes and claim handling issues, including strategic direction as well as recommending and assigning outside coverage counsel.
  • Managing coverage counsel and litigation costs as well as collaborating and working with the litigation and vendor management teams ensuring cost management and the development and enhancement of the coverage counsel panel.
  • Collaborating across disciplines and business units, including: the office of general counsel overseeing errors & omissions issues arising from claims handling, the Brandywine (run-off) team, the Bermuda claims team and in-house coverage counsel team.
  • Supporting actuarial and underwriting inquiries regarding policy construction and drafting, reporting claim trends, data analysis, and risk assessments.
  • Extensive communication with insureds, brokers, reinsurers, actuaries and auditors (both external and internal).


25% travel is required.

Qualifications

The ideal candidate will have 15 or more years of experience as a lawyer and/or claim professional with a high degree of specialized and technical competence in litigation management and the handling of complex coverage issues, high exposure and/or long term exposure claims and coverage litigation. A law degree is strongly preferred; equivalent industry experience will be considered.

The ideal candidate will also have:
  • Excellent organizational, writing, interpersonal communication, and negotiation skills.
  • Excellent customer service skills and will be able to work with clients and business partners in a professional manner.
  • Demonstrated ability to work in a complex operating environment.
  • Ability to work independently, issue spot, and assimilate learning materials on many different subjects from various sources.
  • Experience in senior management reporting.


The pay range for the role is $161,700 to $234,300. 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

Similar Jobs

More Jobs at Chubb

More Legal & Accounting Jobs

Find similar VP, Coverage & Complex Claims jobs: