AVP Claim Manager (Finance)
JOB DESCRIPTION
The Brandywine Assistant Vice President Manager is responsible for managing a team of claim professionals handling a blend of complex asbestos, long term exposure and environmental claims to ensure that core claim handling objectives are achieved. AVP Managers also directly manage a portfolio of accounts, including full claim handling responsibilities.
JOB RESPONSIBILITIES
Staff Management
- Regularly review claim handers' work, using Brandywine systems as necessary, to ensure the effective discharge of core claim handling responsibilities.
- Thorough and timely review of requests for authority presented by claim handlers, including specific recommendations with supporting considerations to senior management as necessary.
- Set objectives for claim professionals and track progress throughout the year. Provide positive and constructive feedback, and strive to identify growth opportunities.
- Clearly communicate company's policies, requirements and expectations. Identify and address performance issues. Conduct mid-year and year-end performance reviews.
- Foster a positive work environment.
Account Management & Claim Handling
- Analyze contracts, policies, applicable law and facts/circumstances surrounding claims to determine appropriate coverage position, and to resolve claims on reasonable terms and at an appropriate value.
- Responsible for conducting/managing factual claims investigation, including communications with policyholders, remediation experts, counsel and others to gather all claim facts.
- Negotiate cost sharing agreements with carriers/policyholders.
- Assign defense counsel and manage litigation strategy and budgets.
- Evaluate claims and make recommendations to management regarding claim resolution plans.
- Maintain physical/electronic claim file, and claim information captured in claim systems.
- Respond to internal requests for information from management, reinsurers, auditors, etc.
- Prepare timely and accurate reports to management regarding significant claim developments.
- Provide the highest levels of service to Chubb business partners.
- Mentor/assist colleagues, and otherwise share technical expertise with other members of staff.
- Identify opportunities to enhance operations and more effectively achieve Brandywine's organizational objectives and communicate the same in a constructive and positive manner.
- Some travel may be required.
QUALIFICATIONS
MINIMUM
DESIRED 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.