This individual contributor AVP 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 claims with coverage issues as well as coverage litigation involving Casualty (Personal Lines & Commercial Lines) in a diverse and complex operating environment. Experience involving Financial Lines (D&O E&O, EPLI, Fidelity, Surety & Political Risk), Property (Personal Lines & Commercial), Worker's Compensation, and Accident & Health will also be considered.
Responsibilities include:
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 (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).
This role will also require ad hoc work on special projects and presentations on those assignments to senior management.
25% travel is required.
QUALIFICATIONS
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. A law 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 work with 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.
The pay range for the role is $117,600 to $170,400. The specific offer will depend on an applicant's 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.
ABOUT US
Chubb is a world leader in insurance. 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.
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, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
Job ID: 84452605
Jobs You May Like
Nurse Practitioner or Physician Assistant (Senior...
Optum
New Haven,
CT,
United States
(on-site)
CH
Pharmacy Manager
CVS Health
New Haven,
CT,
United States
(on-site)
CH
Temporary PIC
CVS Health
New Haven,
CT,
United States
(on-site)
YU
Section Chief of Nuclear Medicine Radiology
Yale University
New Haven,
CT,
United States
(on-site)
Median Salary
Net Salary per month
$3,856
Median Apartment Rent in City Center
(1-3 Bedroom)
$1,851
-
$3,750
$2,801
Safety Index
42/100
42
Utilities
Basic
(Electricity, heating, cooling, water, garbage for 915 sq ft apartment)
$145
-
$250
$179
High-Speed Internet
$50
-
$200
$57
Transportation
Gasoline
(1 gallon)
$3.22
Data is collected and updated regularly using reputable sources, including corporate websites and governmental reporting institutions.