Claim Director
Company: Chubb
Location: Jersey City
Posted on: July 1, 2025
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Job Description:
The Large Commercial Directors & Officers, Financial Lines Claim
Director is responsible for investigating and settling high
exposure, high risk claims. Ensures high level of customer service
and claim file quality. This is a role focused on technical claim
handling for Chubb insured’s nationwide. In this role you will
manage complex directors and officers, transactional risk and
financial institutions liability claims. This role requires an
individual to be accountable for the handling and disposition of
claims including investigation, coverage determination, reserving,
negotiation and settlement or trial strategies. This position will
require some travel, as well as coordinating with and servicing
both internal and external business partners. You will represent
the company at meetings with management and business partners, as
well as at mediations, arbitrations, settlement conferences and
trials. Responsibilities: Provides outstanding customer service and
works well with the insured and broker in the adjustment of complex
directors and officers, transactional risk and financial
institutions liability claims. Analyzes coverage and communicates
coverage positions, as warranted, under direction of supervisor and
coverage unit. Conducts, coordinates, and directs investigation
into loss facts and extent of third-party damages. Directs and
closely monitors assignments to experts and defense counsel.
Evaluates information on coverage, liability, and damages to
determine the extent of exposure to the insured and the company.
Sets reserves within authority or makes claim recommendations
concerning reserve changes to supervisor. Travels to conferences,
mediations, and trials as necessary. Travel ranges from
approximately 0% to 25%, but it could be more as dictated by
business needs.Bachelor’s degree required. Master’s degree or JD
preferred. Seven or more years’ experience as a claims professional
or attorney with a high degree of specialized and technical
competence in the handling of high exposure claims with emphasis on
hands-on file and litigation management. Financial Lines Liability
(FL) experience in Directors & Officers, Transactional Risk,
Financial Institutions liability claims. Strong background and
demonstrated ability in dealing with significant coverage matters.
An understanding of the tenants of insurance and legal principles.
Knowledge of Commercial Insurance Financial Lines coverage and
services. Working knowledge of industry best practices and
procedures. An ability to work independently and assimilate
learning materials on many different subjects from various sources.
Excellent interpersonal communications and negotiation skills; and
an ability to deal with customers and business partners in a
professional manner. Ability to make prompt, intelligent decisions
based upon detailed analysis of complex issues. Demonstrated strong
relational skills particularly in adverse or high-pressure
situations. A law degree is not necessary but recommended. If you
do not already have one, you will be required to obtain an
applicable resident or designated home state adjusters license and
possibly additional state licensure. The pay range for the role is
$79,000 to $134,300. The specific offer will depend on an
applicant’s skills and other factors. This role may also be
eligible to participate in a discretionary annual incentive
program. Chubb offers a comprehensive benefits package, more
details on which can be found on our careers website . The
disclosed pay range estimate may be adjusted for the applicable
geographic differential for the location in which the position is
filled. 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.
Keywords: Chubb, Levittown , Claim Director, Accounting, Auditing , Jersey City, Pennsylvania