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    Chubb Fire & Security

    Fire Protection

    VP, Subrogation Recovery Unit Manager

    Philadelphia, United StatesOn-SiteFull-timePosted 3w ago
    All Chubb Fire & Security jobs

    Job description

    Position Overview:
    The VP, Subrogation Recovery Unit Manager is responsible for leading the subrogation recovery function for property, auto claims, and workers compensation, with a focus on managing external subrogation vendors, internal recovery team, legal and claims teams. In addition, this position will provide oversight to ESIS’ external claim investigation vendor. This role ensures optimal financial results, operational excellence, and effective collaboration across claims, underwriting, and senior leadership.

    Key Responsibilities:

    • Oversee and manage all external subrogation vendors, including subrogation legal teams, ensuring high performance in day-to-day recovery operations for property and auto matters.  In addition, oversee internal recovery team, primarily workers compensation.
    • Lead and develop the internal management and claims team responsible for supervising outside vendors and handling subrogation claims.
    • Drive financial accountability for the recovery results delivered by external vendors, including monitoring KPIs, budgets, and settlement outcomes.
    • Exercise closing and settlement authority on the highest value and most complex claims, ensuring compliance with company standards and maximizing recovery.
    • Serve as the primary liaison with senior leadership, providing regular updates, strategic recommendations, and performance reporting.
    • Collaborate closely with underwriting teams to share insights, trends, and recovery opportunities that impact risk selection and pricing.
    • Interface with claims property and auto disciplines to ensure seamless coordination and alignment of recovery strategies.
    • Maintain and enhance strong subrogation and/or claims practices, leveraging industry best practices and regulatory compliance.
    • Develop and implement strategies to improve recovery rates, vendor performance, and process efficiency.
    • Provide oversight to Investigation Vendor for internal and external claims, including service expectations and results.

    Qualifications

    • Extensive experience in subrogation and/or claims management, preferably in property and auto lines.
    • Proven track record of managing external vendors and legal teams in a high-volume, results-driven environment.
    • Demonstrated leadership experience, including managing and developing management-level staff.
    • Strong financial acumen with experience in budget oversight and performance management.
    • Excellent communication skills, with the ability to influence and present to senior leadership.
    • Experience interfacing with underwriting and claims disciplines.
    • Bachelor’s degree required; advanced degree or relevant certifications preferred.

    Key Competencies:

    • Strategic thinking and problem-solving
    • Strong negotiation and settlement skills
    • Vendor management and performance optimization
    • Cross-functional collaboration
    • Executive presence and communication

    About Us

    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.

    Job details are sourced from the employer's original posting.

    Open job posting
    CH

    About the company

    Chubb Fire & Security

    Vipond Fire Protection, part of Chubb Fire & Security, now has an opportunity for a Sprinkler Design Engineer for a remote opportunity. Following recent business wins were keen to add to our Engineering team to manage fire protection systems locally to Bruntwood. This role can be office based, hybrid or remote depending on circumstances.

    View all Chubb Fire & Security jobs
    Industry
    Fire Protection
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