What are the responsibilities and job description for the AVP, Reinsurance Claims position at Chubb External?
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 apply the Sarbanes Oxley process and controls.
· Analyzing claim spreadsheets for trends and exposure.
|· 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
Salary : $95,100 - $120,000