AVP, Claim Coverage & Complex Manager
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Job Location:
Jersey, NJ - USA
Monthly Salary:
$ 127600 - 217000
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
This AVP Manager role in the Coverage and Complex Claims Department requires a demonstrated high degree of specialized and technical competence in 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 considered. The ideal candidate will be able to lead and develop a sophisticated 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 3-5 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 companywitnesses 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 (run-off) team the Bermuda claims team and in-house 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).
The ideal candidate will have 10 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.
- 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.
The pay range for the role is $127600 to $217000. The specific offer will depend on an applicants skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
Required Experience:
Manager
Key Skills
- Presentation Skills
- Risk Management
- Financial Services
- IFRS
- Banking
- Pricing
- Analysis Skills
- Securities Law
- Investment Banking
- Relationship Management
- Strategic Planning
- Leadership Experience
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.
