Combined Insurance Claims Trainee 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.
/Major Duties& Responsibilities:/ * Under close supervision, receives assignments and reviews claim and policy information to provide background for investigation and may determine the extent of the policy’s obligation to the insured depending on the line of business.
Contacts, interviews and obtains statements from insureds to secure necessary claim information.
Evaluates facts supplied by investigation to determine extent of liability of the insured, if any, and extent of the company’s obligation to the insured under the policy contract.
Prepares reports on investigation, settlements, denials of claims, individual evaluation of involved parties etc.
Sets reserves within authority limits and recommends reserve changes to Management.
Reviews progress and status of claims with Management and discusses problems and suggested remedial actions.
Prepares and submits to Management unusual or possible undesirable exposures.
Assists Management in developing methods and improvements for handling claims.
Settles claims promptly and equitably.
Obtains releases, proofs of loss or compensation agreements and issues company drafts in payments for claims.
Informs claimants, insureds/customers or attorney of denial of claim when applicable. / /
/Desired Qualifications:/ * Knowledge of insurance industry
Basic knowledge of claims handling concepts, practices, and procedures
Basic Microsoft Word, Excel, and Outlook
Analytical, Detailed Oriented
Customer focus – responsive with an appropriate sense of urgency
Strong Communication Skills - including the ability to listen effectively; to confidently and diplomatically express opinions and voice concerns with other team members; and to present effective written communication to varied audiences.
Excellent Interpersonal Skills: Ability to establish trust and effective working relationships with others on an external and internal basis.
Ability to work collaboratively, independently and as part of a team.
Ability to Multitask
Ability to adjust and adapt in an ever changing environment
Committed to high standards of behavior and performance
Bachelor’s Degree required
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 Trainee
Requisition ID: 328285