- Managing a caseload of reinsurance claims for Workers Compensation, General Liability, Property, Automobile, Excess, and Umbrella.
- Communicating with brokers and client company to gather claim information
- Developing a complete knowledge of reinsurance insurance products( treaty, facultative and semi-automatic).
- Determining treaty and policy coverage through analysis of investigation data and treatypolicy terms.
- Conducting claim audits of new and run-off accounts (both remote and on-site at ceding company's office).
- Interacting with company actuaries, underwriters, financial, and accounting teams on assigned accounts.
- Attending reinsuranceclaims seminars.
- Establishing claim reserve requirements and making adjustments over the life of a claim.
- Learning and apply the Sarbanes Oxley process and controls.
- Analyzing claim spreadsheets for trends and exposure.
- 7-10 years of primary claims experience
- Bachelors' Degree required, JD preferred
- Strong verbal and written skills
- Able to navigate multiple systems
- Strong organizational, decision-making, and communication skills along with the aptitude to grasp legal terminology
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AVP, Reinsurance Claims - Stamford, United States - Chubb
Description
Job Description
Located in Stamford, Connecticut, we sell property & casualty treaty reinsurance products to domestic insurance companies and alternative risk vehicles.
We reinsure diverse & unique client portfolios that offer our underwriting & claims professionals exposure to all types of interesting structures & risks.
We are seeking to hire an Assistant Vice President, Reinsurance Claims,whose responsibilities will include:
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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