Claim Director at Chubb in Jersey City, New Jersey

Job Description:

JOB DESCRIPTION

Responsibilities:

• Manage complex first-and third-party cyber claims.

• Timely and accurately analyze and address coverage issues under cyber policies;

• Conduct timely and effective investigations through appropriate use of internal and external resources that are in compliance with Financial Lines Best Practices protocols;

• Effectively document all relevant events in a timely and efficient manner as case facts are developed, to include an evaluation of liability, damages and exposure;

• Set timely and accurate indemnity and expense reserves. Manage reserves throughout the life cycle of each claimwith appropriate documentation supporting any reserve changes;

• Complete timely and concise claim reports;

• Oversee defense counsel and vendors throughout the life of the claim.

• May need to travel to and attend meetings, mediations, settlement conferences and trials as needed;

• Build and maintain relationships with external and internal customers to include insureds, counsel, and producers;

• Proactively manage a claim inventory of primary files in accordance with Financial Lines Best Practices;

• Adhere to all statutory regulations and Unfair Claims Practices Acts requirements.

Competencies/Skills Required:

• Articulate in both written and oral communication

• Demonstrated ability to deliver high caliber customer claim service in a fast-paced environment

• Advanced listening and negotiation skills

• Advanced knowledge of and attention to detail in, insurance coverage and contracts;

• Strong investigative and analytical skills

• Strong organizational skills to manage a claim inventory independently

• Strong interpersonal skills and ability to cultivate and maintain business relationships with a wide spectrum of people internally and externally

• Strong collaboration skills

Education & Experience:

• Juris Doctorate a plus but not required.

• 8-10 years of claims handling or similar experience.

• Prior cyber claim handling experience a plus.

• Some travel may be required
• If you do not already have one, you will be required to obtain an applicable resident or designated home state adjusters license and possibly additional state licensure.

The pay range for the role is $70,000 to $134,300. 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.

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