Job Details

Senior Claims Specialist - Professional Liability

Company name

Munich Re

Organization Type

In-House

Job Type

Attorney

Date Last Verified

May 23, 2020

Valid Through

Sep 05, 2020

Posted on

Apr 20, 2020

Location

Philadelphia, PA, United States

Employment Type

Full-time

Industry

Legal
Practice Area
Corporate >> Corporate - General
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Senior Claims Specialist
The candidate will handle claims primarily in multiple Professional Lines, Malpractice and/or E&O claims. The Senior Claims Specialist will manage the claim investigation, analyze and determine coverage, evaluate the overall claim, and pursue risk transfer as warranted. 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, 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 claim evaluation to set appropriate, timely reserves over the life of the claim to reflect changes in exposure. Demonstrate 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. Collaborate 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. JD Required. 8 years plus of casualty claims handling experience; some of that may be relevant legal experience. Experience in handling multiple Professional Lines, Malpractice and/or E&O claims. Detail-oriented, adaptable, and strategic in decision-making. Excellent technical claims proficiency and execution of best claim practices. Ability to work independently, multi-task, and remain self-motivated in a fast-paced environment. Strong organizational skills and time management of claims desk. Strong business acumen and ability to collaborate with other departments and vendors. Customer-service and relationship oriented.

Company info

Hiring Coordinator
Munich Re
685 College Road East
Princeton, NJ 08543-5421

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