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Chubb
Philadelphia, Pennsylvania, United States
(on-site)
Posted
17 hours ago
Chubb
Philadelphia, Pennsylvania, United States
(on-site)
Job Type
Full-Time
VP, Subrogation Recovery Unit Manager
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
VP, Subrogation Recovery Unit Manager
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
JOB DESCRIPTIONThe VP, Subrogation Recovery Unit Manager is responsible for leading the subrogation recovery function for property and auto claims, with a primary focus on managing external subrogation vendors, legal and claims teams. This role ensures optimal financial results, operational excellence, and effective collaboration across claims, underwriting, and senior leadership.
Key Responsibilities:
- Oversee and manage all external subrogation vendors, including subrogation legal teams, ensuring high performance in day-to-day recovery operations for property and auto matters.
- Lead and develop the internal management and claims team responsible for supervising outside vendors and handling subrogation claims.
- Drive financial accountability for the recovery results delivered by external vendors, including monitoring KPIs, budgets, and settlement outcomes.
- Exercise closing and settlement authority on the highest value and most complex claims, ensuring compliance with company standards and maximizing recovery.
- Serve as the primary liaison with senior leadership, providing regular updates, strategic recommendations, and performance reporting.
- Collaborate closely with underwriting teams to share insights, trends, and recovery opportunities that impact risk selection and pricing.
- Interface with claims property and auto disciplines to ensure seamless coordination and alignment of recovery strategies.
- Maintain and enhance strong subrogation and/or claims practices, leveraging industry best practices and regulatory compliance.
- Develop and implement strategies to improve recovery rates, vendor performance, and process efficiency.
Requisition #: 31745
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Job ID: 83030441

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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