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Jersey City

    Claim Specialist, Commercial D&O, Fin Institutions - Jersey City, United States - Chubb

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    Description
    Job Description

    Chubb is currently seeking a Claim Specialist to join our D&O team. This position will work our of our Jersey City, NJ office ona 3/2 Hybrid Model.

    (a) Identifying and evaluating coverage issues, preparing comprehensive coverage letters and analysis, retaining, and managing coverage counsel through trial, and developing and managing strategy for complex coverage litigation.

    (b) Evaluating exposure through an in-depth analysis of legal and factual issues, retaining, and managing litigation counsel through trial, developing, and managing strategy for complex litigation.

    (c) Attending arbitrations, mediations, trials.

    (d) Negotiating settlements.

    (e) Preparing litigation budgets and reviewing legal bills.

    (f) Presenting litigation strategy for complex litigation to senior claims management and underwriting staff.

    (g) Support business leaders on an as needed basis on various claim and underwriting related issues and marketing meetings.

    Qualifications

    Ability to handle demanding caseload and business support.
    • Approximately 2-4 years claims and/or legal experience in the D&O/Financial Institution areas including evaluating and resolving complex matters.
    • Law degree preferred.
    • Excellent verbal and writing skills
    • Experience handling a substantial caseload of claims pertaining to D&O/Financial Institution coverage emanating from policies underwritten by Chubb Professional Risk.
    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 $60,000 to $99,000. 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 at 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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