DescriptionAbout the Chubb Tempest Re
Chubb Tempest Re is the thirdparty reinsurance arm of the Chubb Limited Group with operations in London Hamilton (Bermuda) Stamford and Zurich. Chubb Tempest Re USA writes all lines of traditional and specialty Property and Casualty business for client in the US.
Job Summary:
Chubb Tempest Re USA LLC is seeking a VP for its Reinsurance Claims Department to contribute to the Companys growing suite of Property and Casualty products. Primary responsibilities will include appropriate monitoring and auditing processes. You will work in a team environment and demonstrate a strong customer focus that will expand Chubb Tempest Res brand. This position is a fulltime role and reports directly to the SVP Reinsurance Claims Manager located in Stamford CT.
Roles & Responsibilities including but not limited to:
- Managing a caseload of reinsurance claims for Workers Compensation General Liability Property Automobile Excess and Umbrella.
- Communicating with brokers and client company to gather claim information
- Developing a complete knowledge of reinsurance insurance products (treaty facultative and semiautomatic).
- Determining treaty and policy coverage through analysis of investigation data and treatypolicy terms.
- Conducting claim audits of new and runoff accounts (both remote and onsite at ceding companys office).
- Interacting with company actuaries underwriters financial and accounting teams on assigned accounts.
- Attending reinsuranceclaims seminars.
- Assessing exposure and establishing claim reserves and adjusting over the life of a claim.
- Learning and applying the Sarbanes Oxley process and controls.
- Analyzing claim spreadsheets for trends and exposure.
Qualifications- Bachelors degree or advanced degree.
- A minimum of 10 years of primary claims experience.
- Bachelors Degree required; JD preferred.
- Strong verbal and written skills.
- Able to navigate multiple systems.
- Strong organizational decisionmaking and communication skills along with the aptitude to grasp legal terminology.
- Proficient in Microsoft Word and Outlook.
- Proficiency in advanced Excel functionalities including:
- Strong knowledge of Pivot tables data visualization and spreadsheet modeling techniques to analyze and present financial data effectively.
- Solid Writing and Communication Skills.
- Excellent organizational skills and ability to multitask.
- Ability to work independently in a fastpaced environment
- Must be able to think originally be willing to challenge ideas and be receptive to constructive feedback.
- Strong collaborative and critical thinking skills and ability to thrive in a fastpaced entrepreneurial environment.
- Excellent organizational desk management and prioritization skills with the ability to work independently and as part of a team.
- Must be positive selfmotivated and possess strong interpersonal communication and presentation skills.
- Possess strong technical analytical and quantitative skills.
- Excellent oral and written communication skills ability to successfully negotiate in difficult situations with agents and brokers.
- Solution oriented team player with a strong relationship management skill set working with both internal and external stakeholders and customers.
- Willingness and ability to travel 1520.
- Ability to be onsite in office 5 days week.
Required Experience:
Exec