VP, Subrogation Recovery Unit Manager
Company: Chubb
Location: Philadelphia
Posted on: April 1, 2026
|
|
|
Job Description:
Description The VP, Subrogation Recovery Unit Manager is
responsible for leading the subrogation recovery function for
property and auto claims, with a primary focus on managing external
subrogation vendors, legal and claims teams. 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. 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. 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 The pay range for the role is $165,000 to $220,000.
The specific offer will depend on an applicant’s skills and other
factors. This role may also be eligible to participate in a
discretionary annual incentive program. Chubb offers a
comprehensive benefits package, more details on which can be found
on our careers website. The disclosed pay range estimate may be
adjusted for the applicable geographic differential for the
location in which the position is filled.
Keywords: Chubb, Clifton , VP, Subrogation Recovery Unit Manager, Accounting, Auditing , Philadelphia, New Jersey