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Senior Claim Specialist, Boiler & Machinery

Company: The Chubb Corporation
Location: Chicago
Posted on: January 28, 2023

Job Description:

Job Description - Senior Claim Specialist, Boiler & Machinery (351336) Job Description Senior Claim Specialist, Boiler & Machinery ( Job Number: 351336 ) Description Senior Claim Specialist, Boiler & Machinery Chubb is the world's largest publicly traded property and casualty insurer. 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.The Chubb North American Property Boiler & Machinery (B&M) -team services a -niche product line -with a book -of business involving commercial equipment damage (B&M), both monoline and package policies.This position will directly manage the claims occurring on the commercial insurance, PRS, Major Accounts, books of business, as part of the National Desk Unit within the Marine Claims discipline. Analyze first reports to determine nature of loss, coverage provided, and scope of damage; promptly contact client's and contract adjusters; assign and monitor experts; promptly and properly develop the file to provide accurate and timely investigation and loss analysis; maintain an active diary; monitor diary to achieve timely development of file and timely disposition of the claim; recognize and pursue recovery where possible; adhere to all statutory regulations and unfair claim practices act; establish accurate and timely reserves; effectively communicate with all internal and external customers.Provide a thorough -investigation of all claims including, reserving and fair resolution of claims. Comply with best practices and jurisduictional requirements. Ensure the adequacy of reserves, proper valuation of claim settlements, and appropriate use of experts. Assist in claim audits and customer complaint resolution.Participate in the maintenance and renewal of accounts. Deliver agreed-upon claim service to clients and brokers in a timely and professional manner. Foster relationships with clients, brokers, and insurance carriers. Participate in regular file review discussions to update participants on large claims. Determine claims and reporting preferences, options, and infrastructure to provide the most efficient delivery of service. Monitor and maintain data integrity, especially with claims coding. Monitor claim activity for existing clients for adherence to established protocols. Work closely with management on the delivery of claim service to meet client expectations. Effectively communicate with all internal and external customers. Qualifications Qualifications -

  • Candidate must have proven technical knowledge in the investigation and analysis of Commercial and Personal Lines Property Claims,
  • Minimum of 5 years of experience in the handling of -Property/Boiler & Machinery Claims. This would include knowledge of insurance contracts, industry trends, and severity.
  • Engineering experience in insurance loss control and/or hvac, electrical, manufaturing experience preferred.
  • The candidate must demonstrate an ability to work collaboratively with a wide spectrum of people, develop and maintain strong business relationships within Claims and with underwriting partners.
  • Must be an excellent verbal and written communicator with a strong ability to address diverse audiences. The candidate must be both service and results-driven, highly analytical and detail-oriented with the ability to make timely and appropriate decisions.
  • The aptitude to share and impart knowledge within a team environment and direct and coach experts/consultants -is essential.
  • Advanced organizational and time management skills are required. Ability to accept new challenges in a continually changing business environment required.
  • Ability to coordinate, deploy and deliver claim service.
  • Apply strategic, proactive, and innovative skills to develop creative solutions and resolve problems to achieve desired business results.Education:
    • College degree preferred or equivalent in education and experience.Chubb offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. 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, religion, age, sex, sexual orientation, transgender, national origin, disability, genetic information, veteran or marital status, or any other characteristic protected by law.For additional information about Chubb or its services, please visit our website at order to be considered an applicant for employment with Chubb, all applicants must go to Chubb's Careers website to apply for the position(s) of interest and complete an online application. If you do not complete the online application, you will not be considered an applicant in accordance with Chubb's policy.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 retaliationagainst any individual who reports discrimination or harassment. - Work Locations - Alpharetta Alpharetta 30022 Other Locations - USA-Illinois-Chicago, USA-California-Los Angeles, USA-Georgia-Alpharetta

Keywords: The Chubb Corporation, Chicago , Senior Claim Specialist, Boiler & Machinery, Other , Chicago, Illinois

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