Claims Specialist

All locations Chicago, United States;
Atlanta, United States;
Philadelphia, United States;
Princeton, United States;

Welcome to Munich Re Specialty - North America, a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise to our partners and customers. As a trusted industry expert, we offer a broad range of comprehensive and customized solutions, including casualty, professional lines, property, surety, and public entity coverages. With the financial strength and global resources of our A+ Superior (A.M. Best) rated organization, we provide unmatched stability and reliability.

Our team is committed to superior service levels, a distinctive approach to specialty solutions, and a deep understanding of the complex risks our clients face. Join our team and be part of a dynamic and experienced organization that is shaping the future of specialty insurance in North America.

Future focused and always one step ahead!

The Claims Specialist is a critical role in our growing Public Entity team and will be responsible to direct all aspects of file handling on internal and third‑party administered claims in the Public Entity line of business. The Claims Specialist will manage the claim investigation, analyze and determine coverage, evaluate the overall claim, and pursue risk transfer as warranted in a variety of public entity claims.

The Claims Specialist will also direct the litigation process, strategically partner with counsel and vendors, and participate in mediations to drive optimal claim outcomes.

• Thorough investigation in claims for coverage, trigger (liability, wrongful act, breach), damages, and subrogation/contribution opportunities.
• In‑depth understanding of coverage issues, policy forms, reinsurance contracts, regulatory requirements, and changing legal landscape for casualty claims.
• Proactive management of claims, considering all aspects with a strategic vision for optimal claim outcome.
• Continual evaluation claim to set appropriate, timely reserves over the life of the claim to reflect changes in exposure.
• Strong technical claims proficiency through consistent execution of best claim practices.
• Strategically coordinate and manage outside counsel and vendors to obtain optimal claim outcome.
• Present high exposure claims to Claims Leadership and Key Stakeholders.
• Collaboration with internal and external business partners for client meetings, product development and improvement, and account audits.
• Innovative mindset – looks for ways to improve claim efficiencies and outcomes.
• Proactive management of claims with a strategic, total cost of claim mindset.
• Highly technical, analytical and critical thinking ability to properly determine coverage and liability.

Successful candidates will possess the following experience/skills/qualifications:

• 8+ years' experience of handling claims
• Experience in Public Entity or relevant lines of business.
• In‑depth understanding of coverage issues, policy forms, reinsurance contracts, regulatory requirements, and changing legal landscape for casualty claims.
• Strong technical claims proficiency through consistent execution of best claim practices.
• Highly collaborative and proactive with strong interpersonal skills
• Innovative mindset – looks for ways to improve property claim efficiencies and outcomes.
• Excellent verbal and writing skills for internal and external communication, presentations and reporting.
• Superior analytical thinking and negotiation skills.
• Ability to travel for mediations, settlement conferences, and client or account meetings. (25%)

The Company is open to considering candidates in numerous locations, including Philadelphia (PA), Princeton (NJ), Chicago (IL), Atlanta (GA), and Hartford (CT). The salary range posted below reflects market variations across various locations. The offer will be adjusted per geography.

The base salary range anticipated for this position is $99,700–$152,800
, plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including…