Senior Claims Specialist - Financial & Professional

We are 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 Opportunity The Senior Claims Specialist in the Financial and Professional Lines Core team is a critical role in our growing Claims Department and will be responsible for directing all aspects of file handling on both in‑house and third‑party administered property claims, with growth opportunity in depth of technical handling and multi‑faceted professional development. The Senior Claims Specialist will also direct the adjusting and litigation process, strategically partnering with counsel, experts, and vendors, and drive optimal claim resolutions. The Senior Claims Specialist will analyze and determine coverage, manage the claim investigation, evaluate the overall claim, communicate promptly with internal and external stakeholders, and pursue recoveries and risk transfer where warranted in a variety of specialty line claims, including Directors & Officers, Employment Practices Liability, Fiduciary, Crime, Misc. Professional Liability/E&O, Cyber, Transactional Risk, and Lawyers Professional Liability. Key Responsibilities Thoroughly investigate and assess claims for coverage, damages, and pursuit of recoveries and subrogation/contribution opportunities. Demonstrate an in‑depth understanding of coverage issues, policy forms, contracts, regulatory requirements, and changing legal landscape for specialty line claims. Proactively and promptly manage claims, considering all aspects with a strategic vision for optimal claim outcome. Continually evaluate claims 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. Look for ways to improve claim efficiencies and outcomes (innovative mindset). Qualifications Bachelor’s degree; Law degree preferred. 7+ years of experience handling specialty claims. Detail‑oriented, adaptable, and strategic in decision‑making. Understanding of 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. Innovative, dynamic, and growth mindset. Good verbal and writing skills for internal and external communication, presentations, and reporting. Good analytical thinking, advocacy and negotiation skills. Willingness to travel for mediations, settlement conferences, and client or account meetings (~25%). Maintain valid adjuster’s license(s) in assigned states or ability to obtain same. Benefits Salary range: $125,800 - $212,100, plus potential company bonus based on a percentage of eligible pay. Health insurance (PPO or High Deductible), prescription drug coverage, vision and dental, basic life insurance, AD&D, short and long‑term disability, supplemental life & AD&D, voluntary benefit plans (Accident, Critical Illness, Hospital Indemnity). Additional benefits: Robust 401(k) plan with up to a 5% employer match, 100% company‑funded retirement savings plan, 24 days paid time off annually (with extra for milestones), yearly bonus eligibility, health & wellness programs, family care paid time off, tuition assistance, corporate matching gifts, paid community volunteer leave. Locations Atlanta (GA) Princeton (NJ) Philadelphia (PA) Hartford (CT) At Munich Re, we see Diversity, Equity and Inclusion as a solution to challenges and opportunities. We strive to foster an inclusive culture. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. #J-18808-Ljbffr Munich Re Specialty - North America