Senior Claims Director, Commercial D&O
Chubb is the worlds 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.
Responsibilities include:
(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.
Desired Qualifications:
Ability to handle demanding caseload and business support;
Approximately6 to8 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 toD&O/Financial Institutioncoverage.
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.
Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. Chubb is an equal opportunity employer and our employment decisions are made without regard to race, color, religion, age, gender, national origin, disability, handicap, marital status or any other status or condition