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Chubb
Simsbury, Connecticut, United States
(on-site)
Posted
1 day ago
Chubb
Simsbury, Connecticut, United States
(on-site)
Job Type
Full-Time
Senior Claim Director
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Senior Claim Director
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
JOB DESCRIPTIONThe Senior Claim Director, under minimal direction from the manager, investigates and settles claims promptly, equitably and within established best practices guidelines.
Scope
- Responsible for investigating; settling high exposure, high risk Employment Practices Claims, 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 claim and underwriting related issues and marketing meetings.
Responsibilities
Duties may include, but are not limited to:
- Day to day handling of substantial caseload of line of business 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.
- 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.
Qualifications
- Ability to handle demanding caseload of claims pertaining to Employment Practices Liability and provide business support.
- Approximately 7+ years claims and/or legal experience in the EPL area including evaluating and resolving complex matters.
- Law degree preferred.
- Property & Casualty Adjusters licenses in required jurisdictions within 90 days of employment
- Failure to obtain the licenses within 90 days will result in termination of employment
- This is not a remote position.
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
Requisition #: 27132
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Job ID: 80882825

Chubb
Insurance
United States
For more than 125 years, the Chubb Group of Insurance Companies has been delivering exceptional property and casualty insurance products and services to businesses and individuals around the world.
Today, we are the 11th largest property and casualty insurer in the United States and have a worldwide network of some 120 offices in 28 countries staffed by 10,600 employees. The Chubb Corporation reported $50.6 billion in assets and $14.1 billion in revenues in 2007. According to Fortune magazine, Chubb is the 180th largest ...
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