Claims Director, D&O, Fiduciary, Financial Institution
Jersey City, NJ
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.
(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.
Ability to handle demanding caseload and business support;
Approximately 6 to 8 years claims and/or legal experience in the D&O area including evaluating and resolving complex matters;
Experience handling ERISA Fiduciary claims
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.
Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills. We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success.
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. 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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.