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Chubb · 8 hours ago

Claim Director-Med Risk

Chicago, IL

Full-time

Onsite

Mid Level

$79K/yr - $135K/yr

4+ years exp

Chubb is a world leader in insurance, providing a range of insurance products and services globally. They are seeking a Claim Director focused on managing complex medical liability claims, requiring technical claim handling and coordination with various business partners.

Commercial InsuranceFinancial ServicesHealth InsuranceInsuranceMortgageRisk Management

Responsibilities

Confirm coverage of claims by reviewing policies and documents submitted in support of claims

Analyze coverage and communicates coverage positions, as warranted, under direction of supervisor and coverage unit

Conduct, coordinate, and direct investigation into loss facts and extent of third-party damages

Schedule, arrange and conduct claim assessments and audits with hospital accounts to review compliance with industry practice, identify trends, track underlying aggregates, evaluate potential exposure into Chubb layer of coverage, and report findings to business unit

Direct and monitor assignments to experts and underlying defense counsel

Evaluate information on complex coverage, liability, and damages to determine the extent of insured's exposure

Set reserves within authority or makes claim recommendations concerning reserve changes to supervisor

Proactively manage a claim inventory and effectively negotiate cases to an acceptable resolution under moderate supervision

Advanced skills managing complex files; including mass torts and related/batched claims

Report to reinsurers and facilitates the prompt collection of reinsurance on those matters where they are accountable

Travel to conferences, mediations, and trials as necessary. Travel ranges from approximately 10% to 25%, but it could be more as dictated by business needs

Qualification

Medical malpractice claimsLiability claims handlingClaims investigationFile managementNegotiation skillsRelational skillsInterpersonal communicationDecision makingTeamworkIndependent work