Financial Lines Claims Specialist at Chubb
Sydney, New South Wales, Australia -
Full Time


Start Date

Immediate

Expiry Date

15 Nov, 25

Salary

0.0

Posted On

15 Aug, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Insurance

Description

Chubb celebrates diversity by fostering an inclusive, flexible and equitable workplace. We support applications from all members of our community and equitable access to our employment opportunities. We are open to discussing workplace flexibility in all our vacancies, to ensure we can attract the best candidates and accommodate individual needs, differences, disabilities and working arrangements. Please let us know if you require any adjustments to the recruitment process so we can support you to present your best self.
Chubb is a world leader in insurance. With operations in 54 countries and territories, 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at: www.chubb.com.

Responsibilities

YOUR ROLE

The purpose of this role is to produce a high-quality work product through effective investigating, reserving, and adjusting of claims within your client base.

YOUR RESPONSIBILITIES:

Analyse first report of claim, suit or underlying material to determine nature of loss, coverage provided and scope of damage
Conduct or direct needed investigation relative to all aspects of reported claims. Secure and/or file all supporting documentation and verify same for accuracy, relationship and completeness
Establish accurate and timely reserves
Maintain active diary to achieve timely development of file and timely disposition
Provide exceptional service standards in line with best practice guidelines
Practice sound litigation controls over counsel
Promptly and properly document all developments in claim file
Meet with appropriate parties to litigation or claims, as necessary, to resolve issues
Effectively communicate with the following: Claim Department, Customer Services, Loss Control, Underwriting Departments, brokers, insureds, counsel, third parties and/or their legal representatives
May direct claim representatives to participate in file development and subrogation
Adhere to Insurance Contracts Act and all other relevant statutory rules and regulations
Effectively control the use, work product and expenses of outside vendors
Exercise good judgement in reaching final disposition of claim by evaluating nature of loss, liability, injury/damage, coverage provided and applicable limits
Participate in branch marketing efforts

Such other duties as may be delegated by the Claims manager

  • A tertiary qualification (law degree desirable but not required)
  • Financial Lines Claims Experience
  • Investigation techniques
  • Written and verbal communication skills relative to claims handling
  • Insurance policies and the Insurance Contracts Act
  • Legal requirements and regulations
  • Damage and/or loss evaluation
  • Negotiations
  • Industry trends
  • Litigation procedures
  • Reserving skillsChubb Claims Philosophy

  • Chubb is committed to equal employment and celebrates individual differences by creating a workplace environment in which everyone feels welcomed, respected and valued. We offer you the opportunity to work as part of a dynamic and agile environment where continuous development is encouraged throughout your career, both locally and globally. Some additional benefits offered include a flexible working approach via our “My One Thing” initiative, education assistance, dress for your day every Friday, promotion of health and wellbeing (including discounted health insurance, daily breakfast and fresh fruit), and the option to enrol into the Chubb Limited discounted stock purchasing scheme.

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