Chubb Associate, Fidelity Claims - Whitehouse Station, United States - Combined Insurance

Combined Insurance

Verified Company

Whitehouse Station, United States

1 day ago

Posted by:

Mark Lane

beBee recruiter

Description

Fidelity Claims Associate

Chubb is the world's largest publicly traded property and casualty insurer.

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.

We are looking for an individual interested in a claims career to join our Associate Program as a Fidelity Claims Associate based in our Whitehouse Station, New Jersey office.

A J.D. degree is preferred for applicant consideration but a Bachelor's degree in Accounting is a minimum requirement. This is a permanent full-time position and a compelling opportunity to join a growing, financially stable and successful company.

As an industry leader, we are an employer of choice for students aspiring to develop a meaningful career in a fast-paced, diverse company with offices in many major U.S.

cities.

MAJOR DUTIES & RESPONSIBILITIES

Include but are not limited to: Under close supervision of the Claim Manager, receive assignments, review claim and policy information, conduct claim investigation and determine the extent of coverage available under crime policies and financial institution bonds issued to our commercial and financial institution insureds.

Claims include employee theft and dishonesty, funds transfer fraud, forgery, computer fraud, and other financial institution bond and crime losses under fidelity policies

Contact, interview and obtain statements from insureds, witnesses and law enforcement to secure necessary claim information
Evaluate facts supplied by investigation to determine coverage and extent of the company's obligation to the insured under the policy contract
Evaluate coverage based on investigation and policy/bond review
Prepare coverage position letters
Set reserves within authority limits and recommend reserve changes to Claim Manager
Review progress and status of claims with Claim Manager and discuss issues and suggested action plan
Assist Discipline Leader and Claim Manager in developing methods and improvements for handling claims
Settle claims promptly and equitably
Obtain proofs of loss, releases and/or assignments and issue company drafts in payment of claims
Inform insureds, brokers or attorneys of denial of claim when applicable

Qualifications - External