VP, Reinsurance Claims (Finance)
JOB DESCRIPTION
About the Chubb Tempest Re
Chubb Tempest Re is the third-party reinsurance arm of the Chubb Limited Group, with operations in London, Hamilton (Bermuda), Stamford and Zurich. Chubb Tempest Re USA writes all lines of traditional and specialty Property and Casualty business for client in the US.
Job Summary:
Chubb Tempest Re USA LLC is seeking a VP for its Reinsurance Claims Department to contribute to the Company's growing suite of Property and Casualty products. Primary responsibilities will include appropriate monitoring and auditing processes. You will work in a team environment and demonstrate a strong customer focus that will expand Chubb Tempest Re's brand. This position is a full-time role and reports directly to the SVP, Reinsurance Claims Manager, located in Stamford, CT.
Roles & Responsibilities, including but not limited to:
- 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.
- Assessing exposure and establishing claim reserves and adjusting over the life of a claim.
- Learning and applying the Sarbanes Oxley process and controls.
- Analyzing claim spreadsheets for trends and exposure.
ABOUT US
Chubb is a world leader in insurance. 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.
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, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
