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 Long-term Exposure Claims Specialist

Details
Country: USA
Location: Pennsylvania-Philadelphia Philadelphia
Total applied: 33
Job Category:Accounting/Finance/Insurance
Location:US-PA-Philadelphia
Status:Full Time, Employee
Occupations:General/Other: Accounting/Finance;Risk Management/Compliance;Claims Review and Adjusting
Career Level:Experienced (Non-Manager)
Long-term Exposure Claims Specialist

ACE INA is the U.S.-based division of the ACE Group of Companies, which providesinsurance and reinsurance for a diverse group of clients around the world.Through subsidiaries of the ACE Group of Companies, ACE INA offers a broad arrayof sophisticated property, casualty, accident and health, and financialproducts, and risk management services to corporate and consumer clients across the U.S.ACE is dedicated to recruiting and developing talented individuals with the knowledge, ability and desire for success. With our strong capital base, financial stability, diversified earnings stream and multinational operating platform, we offer an excellent opportunity for your future growth and development.Details of this great opportunity follow:SCOPE & RESPONSIBILITIESThis is a role focused on technical claim handling for ACE insured’s nationwide. In this role you will manage complex long term exposure and general liability claims, both litigated and non-litigated. 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 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.QUALIFICATIONS SUMMARY Five or more years experience as a claims professional 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. General Liability (GL) experience in Products and Long Term Exposure claims, including toxic tort and construction defect. An understanding of the tenants of insurance and legal principles. Knowledgeable of P&C Group 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.ACE Limited (NYSE: ACE), the Bermuda-based holding company of the ACE Group of Companies, is one of the worlds leading insurance and reinsurance organizations, with 2006 gross premiums written of $17.4 billion and net premiums written of $12.0 billion. The companys book value per ordinary share was $42.03 at the end of 2006, up from $34.81 the year before, and our investment income in 2006 was up 27 percent from the previous year to $1.6 billion. The ACE Group provides a diversified range of products and services to clients through operations in more than 50 countries around the world, and has the authority to conduct business in over 140 countries. Additionally, ACE is an S&P® 500 component company, listed sixth in Business Weeks® Top 50 companies.ACE offers a competitive salary plus cash bonus, equity opportunities and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan with $1 per $1 company match, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress.Sound like the right job for you? If you would like additional information about ACE INA, please visit our website at http://www.aceusa.comACE INA is an equal opportunity employer and our employment decisions are made without regard to race, color, religion, age, gender, national origin, disability, handicap, marital status or any other status or condition protected by Federal and/or State laws, except where bona fide occupational qualificationsapply.In order to be considered an applicant for employment with ACE, all applicants must go to ACEs website at www.ace-ina.com to apply for the position(s) of interest and complete an online application (found under Careers at ACE in the upper right hand corner of the homepage). If you do not complete the onlineapplication, you will not be considered an applicant in accordance with ACEs policy.

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