drjobs VP, Claim - Coverage & Complex

VP, Claim - Coverage & Complex

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1 Vacancy
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Job Location drjobs

Jersey City - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Description

Chubb is the worlds 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.

Chubb is seeking a Vice President to join our Coverage and Complex Claims Department. The candidate should possess the ability to lead and develop a sophisticated team of claims professionals handling and managing a wide variety of Casualty (Personal Lines & Commercial Lines) claims with coverage issues as well as coverage litigation in a diverse and complex operating environment. Experience involving Financial Lines (D&O E&O EPLI Fidelity Surety & Political Risk) Property (Personal Lines & Commercial) Workers Compensation and Accident & Health will also be ideal candidate will be able to lead and develop a team of claims professionals that will handle claims with complex coverage issues and coverage litigation focused on resolving claims in keeping with established best practices and within stated authority limits.

This role will be responsible for leading and developing a team of claims professionals that will be responsible for:

  • Managing a team of 57 claims professionals directly handling and managing claims involving complex coverage issues including the investigation analysis and evaluation of coverage liability and damages and directly handling coverage disputes including matters in litigation and arbitration both initiated by Chubb issuing companies and when Chubb issuing companies are named in such litigation.
  • Formulating claims and litigation strategies assigning directing and managing outside counsel in coverage litigation both initiated by Chubb issuing companies and when such companies are named in litigation or arbitration.
  • Managing discovery issues and responses including opportunities to ensure consistency as well as identifying relevant and responsive information as well as ensuring proper and adequate preparation of company witnesses for deposition and trial testimony.
  • Attending critical court proceedings including mediation and settlement conferences as well as trials and appeals.
  • Providing guidance to claims disciplines regarding coverage issues coverage disputes and claim handling issues including strategic direction as well as recommending and assigning outside coverage counsel.
  • Managing coverage counsel and litigation costs as well as collaborating and working with the litigation and vendor management teams ensuring cost management and the development and enhancement of the coverage counsel panel.
  • Collaborating across disciplines and business units including: the office of general counsel overseeing errors & omissions issues arising from claims handling the Brandywine (runoff) team the Bermuda claims team and inhouse coverage counsel team.
  • Supporting actuarial and underwriting inquiries regarding policy construction and drafting reporting claim trends data analysis and risk assessments.
  • Extensive communication with insureds brokers reinsurers actuaries and auditors (both external and internal).


Qualifications

The ideal candidate will have 15 or more years of experience as a lawyer and/or claim professional with a high degree of specialized and technical competence in litigation management and the handling of complex coverage issues high exposure and/or long term exposure claims and coverage litigation. Alaw degree is required.

The ideal candidate will also have:

  • Excellent organizational writing interpersonal communication and negotiation skills.
  • Excellent customer service skills and will be able to workwith clients and business partners in a professional manner.
  • Demonstrated ability to work in a complex operating environment.
  • Ability to work independently issue spot and assimilate learning materials on many different subjects from various sources.
  • Experience in senior management reporting.

25% travel is required.

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.




Required Experience:

Exec

Employment Type

Full-Time

Company Industry

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