Chubb is the world s largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
Experienced claims professional responsible for managing and adjusting high severity excess casualty claims for commercial insureds.
MAJOR DUTIES & RESPONSIBILITIES:
Duties include, but are not limited to:
Identifies, analyzes and appropriately addresses coverage issues under excess/umbrella coverage forms. Effectively communicates coverage positions to insureds and brokers under limited supervision.
Proactively manages and addresses liability and damages to assess exposure on potentially high severity files.
Leads and manages the claim investigation into loss facts and extent of third-party damages.
Directs and manages defense counsel, experts and consultants so that best outcomes are obtained on files.
Sets timely and appropriate reserves within authority or makes recommendations for the appropriate action plan on potentially high severity claims.
Provides outstanding customer service and works well with the insured, broker, underlying carrier or TPA in the adjustment of excess casualty claims.
Frequently travels to settlement conferences, mediations, and trials as needed.
Strong team player.
Should have a high degree of specialized and technical competence in the handling of excess casualty claims with particular emphasis on General Liability and Auto policies.
10 years of casualty claim handling experience, with prior experience at carrier handling commercial excess files required.
College degree or equivalent business experience. JD preferred.
Ability to think and work independently and assimilate learning materials on many different subjects from various sources.
Excellent interpersonal communications and negotiation skills.
Ability to work with sophisticated accounts and brokers in a professional manner.
Authoritative knowledge of Chubb coverage, products, services, and liabilities.
Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills. We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.
Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.