Stamford, CT
17 days ago
VP, Reinsurance Claims

About the Chubb Tempest Re

Chubb Tempest Re is the third-party reinsurance arm of the Chubb Limited Group, with operations in London, Hamilton (Bermuda), Stamford and Zurich.   Chubb Tempest Re USA writes all lines of traditional and specialty Property and Casualty business for client in the US. 

Job Summary:

Chubb Tempest Re USA LLC is seeking a VP for its Reinsurance Claims Department to contribute to the Company’s growing suite of Property and Casualty products.  Primary responsibilities will include appropriate monitoring and auditing processes.  You will work in a team environment and demonstrate a strong customer focus that will expand Chubb Tempest Re’s brand.  This position is a full-time role and reports directly to the SVP, Reinsurance Claims Manager, located in Stamford, CT.

Roles & Responsibilities, including but not limited to:

Managing a caseload of reinsurance claims for Workers Compensation, General Liability, Property, Automobile, Excess, and Umbrella. Communicating with brokers and client company to gather claim information Developing a complete knowledge of reinsurance insurance products (treaty, facultative and semi-automatic).  Determining treaty and policy coverage through analysis of investigation data and treaty\policy terms. Conducting claim audits of new and run-off accounts (both remote and on-site at ceding company’s office). Interacting with company actuaries, underwriters, financial, and accounting teams on assigned accounts. Attending reinsurance\claims seminars. Assessing exposure and establishing claim reserves and adjusting over the life of a claim. Learning and applying the Sarbanes Oxley process and controls. Analyzing claim spreadsheets for trends and exposure. Bachelor’s degree or advanced degree. A minimum of 10 years of primary claims experience. Bachelors’ Degree required; JD preferred. Strong verbal and written skills. Able to navigate multiple systems. Strong organizational, decision-making, and communication skills along with the aptitude to grasp legal terminology. Proficient in Microsoft Word, and Outlook. Proficiency in advanced Excel functionalities, including: Strong knowledge of Pivot tables, data visualization, and spreadsheet modeling techniques to analyze and present financial data effectively. Solid Writing and Communication Skills. Excellent organizational skills and ability to multi-task. Ability to work independently in a fast-paced environment Must be able to think originally, be willing to challenge ideas and be receptive to constructive feedback. Strong collaborative and critical thinking skills and ability to thrive in a fast-paced, entrepreneurial environment. Excellent organizational, desk management and prioritization skills with the ability to work independently and as part of a team. Must be positive, self-motivated, and possess strong interpersonal, communication and presentation skills. Possess strong technical, analytical, and quantitative skills. Excellent oral and written communication skills, ability to successfully negotiate in difficult situations with agents and brokers. Solution oriented team player with a strong relationship management skill set working with both internal and external stakeholders and customers. Willingness and ability to travel 15-20%.  Ability to be onsite in office 5 days week.

 

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