Sr. Claims Director - Fidelity Claims

Company: CTI Education Group
Location: Basking Ridge
Posted on: April 9, 2021

Job Description:

Job Description - Sr. Claims Director - Fidelity Claims (336469) Job Description Sr. Claims Director - Fidelity Claims ( Job Number: 336469 ) Description Fidelity Senior Claim Director Chubb is currently seeking a Senior Claim Director to join its Fidelity team. The team is based in Basking Ridge, NJ but we are flexible with location commensurate--with current experience . POSITION RESPONSIBILITIES:

• Effectively manage an active claim inventory of mid to high complexity commercial crime and financial institution fidelity bond, workplace violence and kidnap, ransom and extortion losses in accordance with Best Practices
• Handle claims from notification to resolution through timely and accurate investigations, coverage analyses, negotiation and problem solving skills within financial authority
• Consistently communicate claim developments, exposure analyses and requests for authority to management
• Deliver superior customer service through effective interaction with internal and external customers
• Effectively document all relevant events in a timely and efficient manner as cases develop, including evaluation of facts giving rise to the loss, coverage and exposure under various policy forms
• Create timely and accurate indemnity and expense reserves. Manage reserves throughout the life cycle of all files with appropriate documentation supporting any reserve changes
• Maintain a current diary to monitor claims for new developments, follow up on requests from internal and external customers, update management and complete diary activities
• Select, budget, scope and coordinate vendors including accountants and attorneys as needed and within guidelines
• Complete written reports and make presentations to provide information to management on claim developments
• Adhere to all statutory regulations and Unfair Claims Practices Acts
• Collaborate with recovery unit to assure that all recovery opportunities are identified and pursued
• Obtain and/or maintain current independent adjuster licenses as required KNOWLEDGE, SKILLS AND ABILITIES:
  --- Excellent written and oral communication skills
  --- Demonstrated ability to deliver high caliber customer claim service
  --- Advanced listening and negotiation skills
  --- Advanced knowledge and attention to detail in insurance coverage and contracts, investigating claims and setting timely and accurate reserves
  --- Strong organizational skills to independently manage own claim inventory
  --- Ability to develop and maintain strong business relationships with a wide spectrum of people internally and externally
  --- Strong collaboration skills
  --- Some travel may be required
  
  -- EXPERIENCE AND EDUCATION:
  • Bachelor's Degree required. CPCU and/or advanced degrees (e.g., law, accounting, finance, etc.) a plus
  • 10+ years of financial lines claims experience including at least 5 years of Fidelity claim handling or related fraud experience Chubb strives to offer a diverse and inclusive and rewarding work environment. Teamwork and mutual respect are central to how Chubb operates and we believe the best solutions draw upon diverse perspectives, experiences and skills. We operate in such a way where everyone, regardless of their singular background has the opportunity to contribute to our collective success. EEO Statement 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.
    

Keywords: CTI Education Group, Newark , Sr. Claims Director - Fidelity Claims, Executive , Basking Ridge, New Jersey