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Casualty Specialist - Specialty Claims Service Center
at Chubb Group of Insurance Companies in Connecticut
For more than 125 years, Chubb & Son, a division of Federal Insurance Company 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 176th largest U.S.-based Corporation. The magazine also includes Chubb in its list of "America's Most Admired Companies." Forbes listed Chubb as one of America's 400 Best Big Companies.
Chubb has maintained its reputation and financial stability with underwriting expertise, unparalleled customer service, unique industry-specific specialization and a deep respect for all of our employees.
The Casualty Specialist is designed to support the Specialty Best Practices strategy by effectively providing technical expertise, coaching and guidance in highly influential areas in the management of Specialty claims. This role will be responsible for the development and adherence of several major areas of measurement within Specialty claims within the Specialty Claims Service Center. The candidate should possess strong coverage analysis skills, and the ability to identify viable opportunities for third party contribution in order to properly assess and mitigate Chubb's exposure. Effectively develop claim management strategies associated with providing direction on claim and resolution strategies that have been supported with a highly effective investigative plan throughout the life of a case. Candidate will collaborate with Global Claim Center Manager and Specialty Claims Service Center Manager to ensure effective implementation of position within unit.
Primary Responsibilities:
• Active engagement in key trigger points as outlined in Specialty Best Practice primarily associated with Other Insurance, Development of Case Strategies and Negotiations, but not limited to these areas.
• Place required cases on a double diary to monitor case.
• Review and provide direction on all allocation issues.
• Assess potential implications of other insurance issues within coverage trigger points as outlined in guidelines.
• Review of reserve analysis in assessing investigation conducted to date and provide direction to examiner and supervisor.
• Review cases in which a demand is received by plaintiff or the insured to ensure meaningful strategy is recognized and developed.
• In conjunction with the Specialty leadership team, conduct random reviews that assess progress of staff and compliance of all Best Practice requirements. Provide feedback when appropriate.
Competencies Required:
• A minimum of 5-10 years of Casualty Claim Experience that includes the effective execution and delivery of Casualty Best Practices results.
• Demonstrated skills in the development of effective negotiation and case resolution strategies.
• Comprehensive understanding and ability to effectively interpret coverage scenarios that would involve multiple policies and contribution.
• Exceptional communication skills, both oral and written.
• Leadership and coaching skills that effectively identify staff development opportunities.
• This role reports to the Specialty Claims Service Center Manager.
Chubb prides itself on the ability to provide all employees with an extraordinary work environment which promotes teamwork, diversity and incentives for those who exceed expectations. Chubb has been recognized as one of the top 50 companies for diversity by Diversity Inc. magazine, one of America's most admired companies by Forbes, and one of the top 100 companies to work for by Fortune.
Chubb's compensation and benefit plans work together to create a Total Rewards Program for our employees that is among the best in our industry. As a global organization, we work hard to achieve our goal of providing flexible and competitive compensation and benefits packages in each local market in which we operate. Our goal is to exceed average market practices for our performers. For more information about Chubb and our benefits, visit our website at www.chubb.com.
All interested applicants must apply online at www.chubb.apply2jobs.com Reference Requisition number 7837.
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 176th largest U.S.-based Corporation. The magazine also includes Chubb in its list of "America's Most Admired Companies." Forbes listed Chubb as one of America's 400 Best Big Companies.
Chubb has maintained its reputation and financial stability with underwriting expertise, unparalleled customer service, unique industry-specific specialization and a deep respect for all of our employees.
The Casualty Specialist is designed to support the Specialty Best Practices strategy by effectively providing technical expertise, coaching and guidance in highly influential areas in the management of Specialty claims. This role will be responsible for the development and adherence of several major areas of measurement within Specialty claims within the Specialty Claims Service Center. The candidate should possess strong coverage analysis skills, and the ability to identify viable opportunities for third party contribution in order to properly assess and mitigate Chubb's exposure. Effectively develop claim management strategies associated with providing direction on claim and resolution strategies that have been supported with a highly effective investigative plan throughout the life of a case. Candidate will collaborate with Global Claim Center Manager and Specialty Claims Service Center Manager to ensure effective implementation of position within unit.
Primary Responsibilities:
• Active engagement in key trigger points as outlined in Specialty Best Practice primarily associated with Other Insurance, Development of Case Strategies and Negotiations, but not limited to these areas.
• Place required cases on a double diary to monitor case.
• Review and provide direction on all allocation issues.
• Assess potential implications of other insurance issues within coverage trigger points as outlined in guidelines.
• Review of reserve analysis in assessing investigation conducted to date and provide direction to examiner and supervisor.
• Review cases in which a demand is received by plaintiff or the insured to ensure meaningful strategy is recognized and developed.
• In conjunction with the Specialty leadership team, conduct random reviews that assess progress of staff and compliance of all Best Practice requirements. Provide feedback when appropriate.
Competencies Required:
• A minimum of 5-10 years of Casualty Claim Experience that includes the effective execution and delivery of Casualty Best Practices results.
• Demonstrated skills in the development of effective negotiation and case resolution strategies.
• Comprehensive understanding and ability to effectively interpret coverage scenarios that would involve multiple policies and contribution.
• Exceptional communication skills, both oral and written.
• Leadership and coaching skills that effectively identify staff development opportunities.
• This role reports to the Specialty Claims Service Center Manager.
Chubb prides itself on the ability to provide all employees with an extraordinary work environment which promotes teamwork, diversity and incentives for those who exceed expectations. Chubb has been recognized as one of the top 50 companies for diversity by Diversity Inc. magazine, one of America's most admired companies by Forbes, and one of the top 100 companies to work for by Fortune.
Chubb's compensation and benefit plans work together to create a Total Rewards Program for our employees that is among the best in our industry. As a global organization, we work hard to achieve our goal of providing flexible and competitive compensation and benefits packages in each local market in which we operate. Our goal is to exceed average market practices for our performers. For more information about Chubb and our benefits, visit our website at www.chubb.com.
All interested applicants must apply online at www.chubb.apply2jobs.com Reference Requisition number 7837.
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Published on Jun 16, 2010
Viewed: 266 times
Viewed: 266 times
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