AVP, Reinsurance Claims
: Job Details :


AVP, Reinsurance Claims

Chubb

Job Location : Stamford,CT, USA

Posted on : 2024-10-15T22:21:45Z

Job Description :

Located in Stamford, Connecticut, we sell property & casualty treaty reinsurance products to domestic insurance companies and alternative risk vehicles. We reinsure diverse & unique client portfolios that offer our underwriting & claims professionals exposure to all types of interesting structures & risks.

We are seeking to hire an Assistant Vice President, Reinsurance Claims, whose responsibilities will include:

  • Managing a caseload of reinsurance claims for Workers Compensation, General Liability, Property, Automobile, Excess, and Umbrella.
  • Communicating with brokers and client company to gather claim information.
  • Developing a complete knowledge of reinsurance insurance products (treaty, facultative, and semi-automatic).
  • Determining treaty and policy coverage through analysis of investigation data and treaty/policy terms.
  • Conducting claim audits of new and run-off accounts (both remote and on-site at ceding company's office).
  • Interacting with company actuaries, underwriters, financial, and accounting teams on assigned accounts.
  • Attending reinsurance/claims seminars.
  • Establishing claim reserve requirements and making adjustments over the life of a claim.
  • Learning and applying the Sarbanes-Oxley process and controls.
  • Analyzing claim spreadsheets for trends and exposure.

Minimum Requirements:

  • 7-10 years of primary claims experience.
  • Bachelors' Degree required, JD preferred.
  • Strong verbal and written skills.
  • Able to navigate multiple systems.
  • Strong organizational, decision-making, and communication skills along with the aptitude to grasp legal terminology.
  • Proficient in Microsoft Excel, Microsoft Word, and Outlook.
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