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Insurance Coverage Attorney in Wilmington, DE

The Chubb Corporation Jul 06,2017 Mar 16,2017 Location Wilmington DE
This job is expired...

In-House

Attorney

Insurance Coverage

Min 1 yrs required

Profile

Claims Associate The candidate will under close supervision, receives assignments and reviews claim and policy information to provide background for investigation and may determine the extent of the policy’s obligation to the insured depending on the line of business. Will assist on Contacts, interviews and obtains statements (recorded or in person) from insureds, claimants, witnesses, physicians, attorneys, police officers, etc. to secure necessary claim information. Depending on line of business may inspect and appraise damage for property losses or arranges for such appraisal. Evaluates facts supplied by investigation to determine extent of liability of the insured, if any, and extent of the company’s obligation to the insured under the policy contract. Prepares reports on investigation, settlements, denials of claims, individual evaluation of involved parties etc. Sets reserves within authority limits and recommends reserve changes to Team Leader. Reviews progress and status of claims with Team Leader and discusses problems and suggested remedial actions. Prepares and submits to Team Leader unusual or possible undesirable exposures. Assists Team Leader in developing methods and improvements for handling claims. Settles claims promptly and equitably. Obtains releases, proofs of loss or compensation agreements and issues company drafts in payments for claims. Informs claimants, insureds/customers or attorney of denial of claim when applicable.

Qualification and Experience

The candidate must have JD degree or Bachelor’s degree or Master’s degree or equivalent experience. Knowledge of insurance industry is desired. Basic knowledge of claims handling concepts, practices, and procedures is desired. Basic Microsoft Word, Excel, and Outlook is desired.

Additional info

Job Number: 313193.

Company info