Senior Claim Examiner-Cyber

Chubb Ltd

Jersey City, NJ

JOB DETAILS
SALARY
$70,000–$134,300 Per Year
SKILLS
Analysis Skills, Best Practices, Claims Management, Claims Processing, Communication Skills, Conferences, Customer Relations, Detail Oriented, Financial Compliance, Incentive Programs, Insurance, Interpersonal Skills, Inventory Management, Organizational Skills, Presentation/Verbal Skills, Problem Solving Skills, Statutory Laws, Support Documentation, Team Player, Time Management, Willing to Travel
LOCATION
Jersey City, NJ
POSTED
30+ days ago

The job responsibilities for this position will include the following:

  • Manage first-and third-party cyber claims.

  • Timely and accurately analyze and address coverage issues under cyber policies;

  • Conduct timely and effective investigations through appropriate use of internal and external resources that are in compliance with Financial Lines Best Practices protocols;

  • Effectively document all relevant events in a timely and efficient manner as case facts are developed, to include an evaluation of liability, damages and exposure;

  • Set timely and accurate indemnity and expense reserves. Manage reserves throughout the life cycle of each claim with appropriate documentation supporting any reserve changes;

  • Complete timely and concise claim reports;

  • Oversee defense counsel and vendors throughout the life of the claim.

  • May need to travel to and attend meetings, mediations, settlement conferences and trials as needed;

  • Build and maintain relationships with external and internal customers to include insureds, counsel, and producers;

  • Proactively manage a claim inventory of primary files in accordance with Financial Lines Best Practices;

  • Adhere to all statutory regulations and Unfair Claims Practices Acts requirements.

Competencies/Skills Required:

  • Articulate in both written and oral communication;

  • Demonstrated ability to deliver high caliber customer claim service in a fast-paced environment;

  • Advanced listening and negotiation skills;

  • Advanced knowledge of and attention to detail in insurance coverage and contracts;

  • Strong investigative and analytical skills;

  • Strong organizational skills to manage a claim inventory independently;

  • Strong interpersonal skills and ability to cultivate and maintain business relationships with a wide spectrum of people internally and externally;

  • Strong collaboration skills

Education & Experience:

  • Juris Doctorate a plus but not required.

  • 4-7 years of claims handling or similar experience.

  • Prior cyber claim handling experience a plus.

  • If you do not already have one, you will be required to obtain an applicable resident or designated home state adjusters license and possibly additional state licensure.

Some travel may be required.

The pay range for the role is $70,000 to $134,300. 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.

About the Company

C

Chubb Ltd

Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.

With operations in 54 countries and territories, we are a major personal lines writer, as well as a leading middle market, small commercial and large industrial commercial insurer, providing a wide range of traditional and specialty coverages.

As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. And we combine the precision of craftsmanship with deep experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families and to businesses of all sizes.

Our products and services are distributed through brokers, independent agents, exclusive agents and various forms of direct marketing.

What we deliver:

  • Extensive product and service offerings
  • Broad distribution capabilities
  • Service excellence
  • Risk expertise
  • Underwriting discipline
  • Exceptional financial strength
  • Local operations globally
COMPANY SIZE
500 to 999 employees
INDUSTRY
Insurance
FOUNDED
1792
WEBSITE
https://www.chubb.com/