Jersey City, NJ
2 days ago
Senior Claim Director - Med Risk (Hybrid)

The Senior Claim Director, under minimal direction from the manager, investigates and settles claims promptly, equitably and within established best practices guidelines. The Senior Claim Director will be responsible for:

Investigating and resolving high exposure, medical risk and long term care claims, which includes developing resolution strategies and negotiating settlements Analyzing coverage; communicates coverage positions, as warranted, under direction of supervisor and coverage unit, and prepares comprehensive coverage letters with detailed analysis and when appropriate Evaluating exposure through an in-depth analysis of legal and factual issues, retaining and managing litigation counsel through trial, developing and managing strategy for complex litigation Attending arbitrations, mediations, and trials Reviewing legal budgets and legal and third-party vendor's bills Presenting litigation strategy on complex litigation matters to senior management and underwriting staff Supporting business leaders on an as needed basis on various claim and underwriting related issues and marketing meeting Conducting, coordinating and directing investigation into loss facts and extent of third-party damages Directing and monitoring assignments, with minimal direction from the manager, to experts and underlying defense counsel Timely setting reserves within authority and makes claim recommendations concerning reserve changes to supervisor Reporting to reinsurers/excess carriers and facilitates the prompt collection of reinsurance on those matters where they are accountable Traveling to conferences, mediations, and trials as necessary Ability to handle demanding caseload of claims pertaining to medical risk and long term care and provide business support.Approximately 6-7 years of relevant claims and/or legal experience in the healthcare / medical risk liability area, which includes evaluating and resolving complex healthcare liability matters.Law degree strongly preferred.Property & Casualty Adjusters licenses in required jurisdictions within 30 days of employment.

Desired Traits

Ability to work independently and assimilate learning materials on many different subjects from various sources.Excellent interpersonal communications, presentation and negotiation skills.Ability to deal with customers in a professional manner.Ability to self-motivate and self-start.Ability to make independent decisions using CHUBB best practices for guidance.Excellent verbal and written communication skills.Strong interpersonal, negotiation and customer service skills.Capable of dealing with highly visible and demanding customers.Highly organized and able to respond to insureds and internal and external business partners in a timely manner.Must be able to effectively work in a team environment.

The pay range for the role is $92,500 to $158,000. 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.  Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

Confirm your E-mail: Send Email