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Munich Re America
Hartford, CT, United States
23 days ago
Munich Re America
Hartford, Connecticut, United States
23 days ago

Description

We're adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients. 

The Insurance Operations
Munich Re US has launched a new insurance operations described as Munich Re Specialty Insurance ("MRSI") that unites the strengths and expertise of Munich Re's specialty commercial teams in North America.  This allows for the development of an overarching sales strategy through which the specialty risk appetite and product offerings can be profitably optimized and expanded.  


As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

The Opportunity
Future focused and always one step ahead

The Senior Claims Specialist is a critical role in our growing Public Entity team as part of the Core Claims 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 Public Entity Senior 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 Senior Claims Specialist will also direct the litigation process, strategically partner with counsel and vendors, and participate in mediations to drive optimal claim outcomes.  
 

In this position you will provide: 
  • Thorough investigation in claims for coverage, trigger (liability, wrongful act, breach), damages, and subrogation/contribution opportunities.
  • In-depth understanding of coverage issues, policy forms, 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.


Job Information

  • Job ID: 64759526
  • Location:
    Hartford, Connecticut, United States
  • Company Name For Job: Munich Re America
  • Position Title: Claims Specialist Senior
  • Job Function: Claim Attorney
  • Job Type: Full-Time
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