This job ad has been posted over 60 days ago...
0
applicants
WC Recovery Claim Examiner
at Chubb Insurance in Warren, NJ
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.
Position Description:
Investigate Workers Compensation recovery cases and aggressively seek recovery through negotiation, arbitration or litigation. Promptly and properly develop a theory of liability to provide accurate and timely recovery analysis and maximize recovery. Promptly conduct and/or direct investigation of all aspects of the recovery claim. Maintain an active and well documented diary as well as a favorable and productive file inventory. Adhere to all statutory and Unfair Claims Practice Acts. Communicate effectively both verbally and in writing with all external and internal customers. Proactively and aggressively control the use, work product and expenses of outside vendors. Efficiently utilize the Litigation Management Program to control the subrogation litigation inventory. Develop and maintain an outside panel/house counsel network and productive dialogue. Formulate litigation and recovery strategies with counsel and collaborate consistently throughout the subrogation process. Collaborate with the Recovery Claim Unit examiners where appropriate and help the identification of potential recovery opportunities. Maintain a reporting system to capture recovery dollars and expenses.
Required Competencies/Technical Skills:
3-5 years of claim handling experience preferred. Possess the ability to analyze recovery potential and recognize the legal elements needed to support a case. Possess the ability to conduct and direct investigative activities including the management of internal and external investigative sources. Possess the ability to recognize pivotal file developments and the decision making ability to act on the developments. Analyze the available resolution options on files and directly negotiate the cases to a settlement conclusion. Possess a strong understanding of the basic litigation process and basic legal concepts including burdens of proof, statute expirations and jurisdictional workers compensation statutes.
Candidates must have proven investigative skills with a proven ability to identify and gather relevant evidence. Possess the analytical and verbal skills both to formulate and execute a negotiation strategy. Candidate should possess a strong knowledge of liability theories and principles. Excellent oral and written communication skills as well as very good time and desk management skills. A good knowledge of industry trends, rules of evidence and legal regulations and requirements is essential. The candidate must demonstrate an ability to work in a collaborative fashion with a wide spectrum of people such as underwriters, producers and other internal and external customers. The aptitude to share and impart knowledge within a team environment is a strong benefit.
Education/Experience:
Prior experience in handling arbitrations and mediations to successful conclusion. Prior experience in analyzing leases, contracts and legal documents. Strong litigation management skills including expense control. Prior general liability experience a plus. College or University four year degree preferred or the equivalent work experience.
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 DiversityInc 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 9483.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=9483&CurrentPage=2
Chubb & Son, Inc., a division of Federal Insurance Company, does not accept resumes from unsolicited third party agencies or recruiters. No fees will be paid to third parties who submit unsolicited candidates in this manner.
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.
Position Description:
Investigate Workers Compensation recovery cases and aggressively seek recovery through negotiation, arbitration or litigation. Promptly and properly develop a theory of liability to provide accurate and timely recovery analysis and maximize recovery. Promptly conduct and/or direct investigation of all aspects of the recovery claim. Maintain an active and well documented diary as well as a favorable and productive file inventory. Adhere to all statutory and Unfair Claims Practice Acts. Communicate effectively both verbally and in writing with all external and internal customers. Proactively and aggressively control the use, work product and expenses of outside vendors. Efficiently utilize the Litigation Management Program to control the subrogation litigation inventory. Develop and maintain an outside panel/house counsel network and productive dialogue. Formulate litigation and recovery strategies with counsel and collaborate consistently throughout the subrogation process. Collaborate with the Recovery Claim Unit examiners where appropriate and help the identification of potential recovery opportunities. Maintain a reporting system to capture recovery dollars and expenses.
Required Competencies/Technical Skills:
3-5 years of claim handling experience preferred. Possess the ability to analyze recovery potential and recognize the legal elements needed to support a case. Possess the ability to conduct and direct investigative activities including the management of internal and external investigative sources. Possess the ability to recognize pivotal file developments and the decision making ability to act on the developments. Analyze the available resolution options on files and directly negotiate the cases to a settlement conclusion. Possess a strong understanding of the basic litigation process and basic legal concepts including burdens of proof, statute expirations and jurisdictional workers compensation statutes.
Candidates must have proven investigative skills with a proven ability to identify and gather relevant evidence. Possess the analytical and verbal skills both to formulate and execute a negotiation strategy. Candidate should possess a strong knowledge of liability theories and principles. Excellent oral and written communication skills as well as very good time and desk management skills. A good knowledge of industry trends, rules of evidence and legal regulations and requirements is essential. The candidate must demonstrate an ability to work in a collaborative fashion with a wide spectrum of people such as underwriters, producers and other internal and external customers. The aptitude to share and impart knowledge within a team environment is a strong benefit.
Education/Experience:
Prior experience in handling arbitrations and mediations to successful conclusion. Prior experience in analyzing leases, contracts and legal documents. Strong litigation management skills including expense control. Prior general liability experience a plus. College or University four year degree preferred or the equivalent work experience.
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 DiversityInc 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 9483.
http://www.chubb.apply2jobs.com/index.cfm?fuseaction=mExternal.showJob&RID=9483&CurrentPage=2
Chubb & Son, Inc., a division of Federal Insurance Company, does not accept resumes from unsolicited third party agencies or recruiters. No fees will be paid to third parties who submit unsolicited candidates in this manner.
Recent jobs at Chubb Insurance
Senior Claims Examiner at Chubb Insurance in Simsbury, CT
May 21, 2012
Customer Service Representative -Multiple positions at Chubb Insurance in Chesapeake, VA
May 18, 2012
Auto Claims Examiner at Chubb Insurance in Chesapeake, VA
May 18, 2012
Property Claims Examiner at Chubb Insurance in Chesapeake, VA
May 18, 2012
Auto ReInspector - Req #10552 at Chubb Insurance in Houston, TX
May 02, 2012
Published on Jul 25, 2011
Viewed: 258 times
Viewed: 258 times
Search Insurance Jobs by State: