AVP, Financial Lines Claims

The Large Commercial Directors & Officers, Financial Lines Assistant Vice President role focuses on technical claim handling for Chubb insureds nationwide, managing complex directors and officers, transactional risk, and financial institutions’ liability claims.

Responsibilities

• Provides outstanding customer service and works well with the insured and broker in the adjustment of complex directors and officers, transactional risk, and financial institutions liability claims.
• Analyzes coverage and communicates coverage positions, as warranted, under direction of supervisor and coverage unit.
• Conducts, coordinates, and directs investigation into loss facts and extent of third-party damages.
• Directs and closely monitors assignments to experts and defense counsel.
• Evaluates information on coverage, liability, and damages to determine the extent of exposure to the insured and the company.
• Sets reserves within authority or makes claim recommendations concerning reserve changes to supervisor.
• Travels to conferences, mediations, and trials as necessary (approximately 0% to 25%, but may exceed based on business needs).

Requirements

• Bachelor’s degree required; Master’s degree or JD preferred.
• Ten or more years’ experience as a claim professional or attorney with a high degree of specialization and technical competence in handling high-exposure claims, emphasizing hands-on file and litigation management.
• Financial Lines Liability (FL) experience in Directors & Officers, Financial Institutions, and Fiduciary liability claims.
• Strong background and demonstrated ability in dealing with significant coverage matters, including Additional Insured analyses.
• Understanding of insurance and legal principles.
• Knowledge of Commercial Insurance Financial Lines coverage and services.
• Working knowledge of industry best practices and procedures.
• Ability to work independently and assimilate learning materials on various subjects from multiple sources.
• Excellent interpersonal communications and negotiation skills; professional demeanor with customers and business partners.
• Ability to make prompt, intelligent decisions based on detailed analysis of complex issues.
• Demonstrated strong relational skills, particularly in adverse or high-pressure situations.
• Law degree recommended but not required.
• Must obtain an applicable resident or designated home state adjusters license and possibly additional state licensure if not already held.

Pay

The pay range for this role is $134,200 to $195,800. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.

Benefits

Chubb offers a comprehensive benefits package. More details can be found on the company’s careers website.