Combined Insurance Claims Specialist in United States
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.
Chubb is currently seeking a Claim Specialist to join its Fidelity claim team in Basking Ridge, New Jersey.
Effectively manage an active claim inventory of commercial crime and financial institution bond claims nationwide in accordance with Best Practices
Handle claims from notification to resolution through timely and accurate investigations, coverage analyses, negotiation and problem solving skills within financial authority
Consistently communicate claim developments, exposure analyses and requests for authority to management
Deliver superior customer service through effective interaction with internal and external customers
Effectively document all relevant events in a timely and efficient manner as cases develop, including evaluation of facts giving rise to the loss, coverage and exposure under various policy forms
Create timely and accurate indemnity and expense reserves. Manage reserves throughout the life cycle of all files with appropriate documentation supporting any reserve changes
Maintain a current diary to monitor claims for new developments, follow up on requests from internal and external customers, update management and complete diary activities
Select, budget, scope and coordinate vendors including accountants and attorneys as needed and within guidelines
Complete written reports and make presentations to provide information to management on claim developments
Adhere to all statutory regulations and Unfair Claims Practices Acts
Collaborate with recovery unit to assure that all recovery opportunities are identified and pursued
Obtain and/or maintain current independent adjuster licenses as required
KNOWLEDGE, SKILLS AND ABILITIES:
Strong written and oral communication skills
Demonstrated ability to deliver high caliber customer claim service
Strong listening and negotiation skills
Knowledge of and attention to detail in, insurance coverage and contracts
Strong investigative and analytical skills
Strong organizational skills to manage a claim inventory independently within granted authority
Strong interpersonal skills and ability to cultivate and maintain business relationships with a wide spectrum of people internally and externally
Strong collaboration skills
Travel as needed
EXPERIENCE AND EDUCATION:
Bachelor’s Degree required
2 years of work experience including Fidelity claim handling
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.
Title: Claims Specialist
Requisition ID: 328070