Job Information
ACE American Insurance Company Claim Director - 8455 in Philadelphia, Pennsylvania
Claim Director - 8455
DESCRIPTION/RESPONSIBILITIES: JOB DESCRIPTION JOB RESPONSIBILITIES * 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. * Some travel may be required.
QUALIFICATIONS MINIMUM REQUIREMENTS * High degree of technical competence in the handling of high exposure claims and a minimum of 5 years of relevant experience -- emphasis in the areas of asbestos and/or environmental claims preferred but not required. * 4 year college degree. * Law degree preferred.
DESIRED QUALIFICATIONS: * Experience directly managing defense counsel. * Experience managing disputed/litigated coverage matters. * Experience interpreting and analyzing the application of general liability policies. * Analytical skills. * Superior oral and written communication skills. * Ability to effectively utilize claim and financial tracking systems. * Organization and time management skills. * Experience in a work environment that required collaboration across work groups. * Significant knowledge of Excel and data management tools. * Working knowledge of Microsoft Office utilities.
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