AVP of Property Claims
AVP of Property Claims
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Why Chubb
At Chubb our mission is to provide superior insurance solutions that foster resilience and security for our clients. We strive to be the preferred choice for individuals and businesses seeking comprehensive coverage and unmatched service.
Join Chubb for a rewarding career where our core valuesexcellence integrity and respectguide every decision we make. Be a part of a dynamic team that is dedicated to protecting what matters most and making a positive difference in the lives of our clients and communities. Together lets shape a safer more secure world.
Locations:We are seeking candidates in Phoenix AZ/ Chesapeake VA
Responsibilities:
- Drive a customercentric service culture that consistently delivers exceptional service resulting in positive feedback and high satisfaction with results that exceed current industry standards for excellence.
- Manage a portfolio of highly technical highly serviceoriented claims. Escalate any anomalies and make recommendations to address the situation in proper resolution of the claim. Negotiate settlement of claims to bring them to a successful conclusion. This may involve policy holders other professionals insurers loss adjusters brokers agents solicitors and third parties by letter telephone meetings or depositions. Partner with Actuarial Senior Leadership Underwriting Risk Consulting and other parties as required to ensure excellent service and appropriate issue resolution.
- Directly manage and oversee property supervisors including completion of performance reviews and recommendations of annual compensation.
- Develop goals and complete performance management plans (PMPS) for direct staff and recommend annual compensation levels.
- Compile effective Executive Summaries on files/issues as necessary/appropriate; escalate to RDM/SDR/Claim Leader
- Ensure appropriate and proactive handling activities in all phases of the claim including coverage investigation case management reserving evaluation negotiation and file documentation.
- Ensure thorough coverage evaluations and detailed analysis that are well documented. Escalate and appropriately communicate coverage issues to Discipline leadership as appropriate.
- Work within the framework of Chubb ethical and service standards. Fulfill compliance and regulatory requirements (including complaints procedures). Take responsibility for the control mechanisms which are in place and ensure the team is fully aware and engaged in them.
- Ensure adherence to individual authority grants all statutory and regulatory requirements and fair claim practices and local compliance requirements including examiner licensing.
- Where appropriatefacilitate in claim committee process both as a participant on claims in inventory and as a resource to others.
- Ensure all files are handled in accordance with all aspects of the Best Practices.
- Manage authority requests for all experts with an emphasis on building consultants; ensure vendors are routinely provided specific direction as to scope budget and timely reporting.
- Oversee preparation of LLRs reserve notifications and risk advisory reports to internal partners per guidelines on all eligible claims.
- As part of the crossfunctional leadership team manage analyze and provide insights to this team regarding trends and observations identified during claims settlement reporting patterns and forecasted development during severe weather or cat events and recommendations to the preloss assessments or gathered underwriting information that may aid portfolio quality of risk and postloss management.
Qualifications
Qualifications:
- Bachelors degree or equivalent education.
- Designations from CPCU SCLA AIC etc. are preferred.
- Demonstrated management and leadership capabilities.
- Minimum of 710 years of property claim handling and 5 years of leadership experience.
- Extensive coverage/contract knowledge.
- Strong analytical and investigative skills.
- Strong abilities in coverage application litigation and contractual relationships.
- Knowledgeable in damage evaluation for residential and commercial properties; ability to resolve highexposure claims.
- Superior verbal and written communication skills including largegroup presentation skills.
- Proven track record in leading largescale transformation initiatives with a strong focus on change management strategies that drive organizational effectiveness and sustainable growth.
Licensure Requirement: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.
Company Benefits Highlights:
At Chubb we provide our employees with bestinclass benefits to support their physical emotional and financial goals and wellbeing. We foster a collaborative and inclusive culture with the flexibility to support our employees needs. Our comprehensive benefits package includes:
- Competitive compensation and performancebased bonuses
- Medical dental and vision coverage starting on your first day of employment
- Health savings account (HSA) and flexible spending account (FSA) options
- Generous paid time off (PTO)
- 10 paid holidays each year
- Up to 9 401(k) contribution from Chubb
- Tuition and education reimbursement to support lifelong learning
- Professional training and development programs
- Stock options for eligible employees
Required Experience:
Exec
Employment Type
Full-Time
