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VP, Head of Assumed Claims

Philadelphia, PA, USA | Chubb

  • Industry:
    Insurance - General
  • Position Type:
  • Functions:
    Financial Services Professional
    General Management
    Risk Management
  • Experience:
    10-12 years
Job Description:
90 people have viewed this job

• Oversee all claim analysis and handling to ensure appropriate and timely adjustment of claims within granted authorities

• Ensure related financial records are accurate and internal controls are adhered to throughout the process

• Develop, and present to management, strategies for resolution of disputed claims through dispute management process

• Oversee lawyers when claims are submitted to formal dispute

• Identify company and market issues and trends

• Prepare monthly and quarterly management reports

• Assess protocols and processes for efficiency and improvement

• Liaise with ceded team members to enact credit control

• Liaise with actuarial and finance as appropriate to assess commutation opportunities and to track assumed incurred development 

• Oversee audit protocol of ceding companies


• 4 year college degree and 10 years’ experience with reinsurance claims-handling

• Experience interpreting and analyzing the application of reinsurance treaties and certificates

• Experience managing people

• Strong analytical skills

• Strong in factual and persuasive writing

• Strong inter-personal skills

• Experience in negotiating disputed claims to final resolution

• Some understanding of reinsurance accounting

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