Claims Director-Med Risk
Jersey, NJ - USA
Job Summary
This is a role focused on technical claim handling forChubb insureds this role you will manage complex medical liability claims both litigated and non-litigated. This role requires an individual to be accountable for the handling and disposition of claims including investigation coverage determination reserving negotiation and settlement or trial strategies. This position will require some travel as well as coordinating with and servicing both internal and external business partners. You will represent the company at meetings with management and business partners as well as at mediations arbitrations settlement conferences and trials.
Responsibilities
Confirms coverage of claims by reviewing policies and documents submitted in support of claims.
Analyzes coverage and communicates coverage positions as warranted under direction of supervisor and coverage unit.
Conducts coordinates and directs investigation into loss facts and extent of third-party damages.
Directs and monitors assignments to experts and underlying defense counsel.
Evaluates information on coverage liability and damages to determine the extent of insureds exposure.
Sets reserves within authority or makes claim recommendations concerning reserve changes to supervisor.
Reports to reinsurers and facilitates the prompt collection of reinsurance on those matters where they are accountable.
Travels to conferences mediations and trials as necessary. Travel ranges from approximately 10% to 25% but it could be more as dictated by business needs.
Qualifications
Should have high degree of specialized and technical competence in the handling of claims with emphasis on hands-on file management.
Experience managing medical malpractice claims
Minimum of 5 years liability claims handling experience.
College degree or equivalent business experience.
Multiple jurisdictional claims handling experience.
Ability to work independently and assimilate learning materials on many different subjects from various sources.
Excellent interpersonal communications and negotiation skills; and an ability to deal with customers and business partners in a professional manner.
Ability to make prompt intelligent decisions based upon detailed analysis of complex issues.
Demonstrated strong relational skills particularly in adverse or high-pressure situations.
A law degree is not necessary but recommended.
The pay range for the role is $111076 to $135404. The specific offer will depend on an applicants 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 foundon 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.
Required Experience:
Director
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.