Claims Expert, APH Re
Role Overview
In addition to managing claims, this role will provide the opportunity to take on a varied and valuable position on our US Reinsurance Claims team providing support in formulating, developing and implementing reinsurance account management and claims disposition strategies. Through our Asbestos, Pollution, and Health (APH) team, the role provides meaningful case and coverage analysis and allows for an active role in reinsurance claim resolution and disposition.
Additional responsibilities include:
Manage complex reinsurance claims, including analysis and determination of liability, verification of claims against contracts, and resolution of disputes.
Negotiate claims disposition and participate in mediation and/or arbitration.
Participate in audits and provide insight on appropriate reserving to assist deal team in pricing.
Create and manage cost-effective litigation budgets.
Full Job Posting
About the Role
In addition to managing claims, this role will provide the opportunity to take on a varied and valuable position on our US Reinsurance Claims team providing support in formulating, developing and implementing reinsurance account management and claims disposition strategies. Through our Asbestos, Pollution, and Health (APH) team, the role provides meaningful case and coverage analysis and allows for an active role in reinsurance claim resolution and disposition.
Additional responsibilities include:
Manage complex reinsurance claims, including analysis and determination of liability, verification of claims against contracts, and resolution of disputes.
Negotiate claims disposition and participate in mediation and/or arbitration.
Participate in audits and provide insight on appropriate reserving to assist deal team in pricing.
Create and manage cost-effective litigation budgets.
About the Team
Our team proudly collaborates with senior management, underwriting, client markets and actuarial to provide valuable insights on portfolios. We regularly identify and provide analysis trends and potential large exposures to internal stakeholders. Come join a team of professionals who enjoy working alongside each other and with our peer functions!
About You
You bring your well-honed interpersonal skills, enabling you to artfully partner with senior management, clients, lawyers and mediators. Your strong organizational skills make it easy for you to effectively triage competing interests, and you excel when collaborating with others.
At least ten years of claims or legal experience, with strong casualty experience.
Experience interpreting insurance contracts and coverage.
Experience in handling latent direct insurance claims a plus; JD a plus.
Ability and passion to manage a complex portfolio with critical analysis and innovative strategical thought
Leading by example in a Performance Culture that fosters a spirit of innovation and continuous improvement
Ability to identify areas of improvement, and a passion for implementing those.
General knowledge of and/or exposure to other insurance disciplines i.e., contract wording, accounting, and underwriting.
Confirmed ability to meet deliverables, implement plans, and conduct analysis.
Excellent writing skills and proficiency in Excel.
Data analytics skills and desire for further growth.
If you are excited about the prospect of joining a global company with a long history within the market, then we would love to hear from you! We will offer generous benefits and a fulfilling career path.
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week. This position is not eligible for full-time telework and is not able to offer visa sponsorship.
The estimated base salary range for this position in Chicago, IL and Schaumburg, IL is $116,000 to $194,000 and in Armonk, NY is $128,000 to $213,000. The specific salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.
About Swiss Re
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
Keywords: Reference Code: 139698
Qualifications
- You bring your well-honed interpersonal skills, enabling you to artfully partner with senior management, clients, lawyers and mediators. Your strong organizational skills make it easy for you to effectively triage competing interests, and you excel when collaborating with others.
- At least ten years of claims or legal experience, with strong casualty experience.
- Experience interpreting insurance contracts and coverage.
- Ability and passion to manage a complex portfolio with critical analysis and innovative strategical thought
- Leading by example in a Performance Culture that fosters a spirit of innovation and continuous improvement
- Ability to identify areas of improvement, and a passion for implementing those.
- General knowledge of and/or exposure to other insurance disciplines i.e., contract wording, accounting, and underwriting.
- Confirmed ability to meet deliverables, implement plans, and conduct analysis.
- Excellent writing skills and proficiency in Excel.
- Data analytics skills and desire for further growth.
- If you are excited about the prospect of joining a global company with a long history within the market, then we would love to hear from you! We will offer generous benefits and a fulfilling career path.
- Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week. This position is not eligible for full-time telework and is not able to offer visa sponsorship.
- The estimated base salary range for this position in Chicago, IL and Schaumburg, IL is $116,000 to $194,000 and in Armonk, NY is $128,000 to $213,000. The specific salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.
Preferred Qualifications
- Experience in handling latent direct insurance claims a plus; JD a plus.
About Swiss Re
The Swiss Re Group is one of the world’s leading providers of reinsurance and insurance. We work to make the world more resilient.
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