Senior Claims Expert – Financial & Professional Lines

Munich Re; Princeton (NJ); On-site; USD 138,000 - 212,000; Full time

Benefits offered by this job

Health insurance

401k match

Paid time off (PTO)

Job summary

Munich Re Specialty - North America is seeking a Senior Claims Specialist to shepherd complex property and professional lines claims from assignment through resolution.

You will direct investigations, analyze coverage, manage external counsel, and coordinate with vendors to drive favorable outcomes while maintaining regulatory compliance. The role requires a law-focused mindset and a track record of strategic claim handling.

Qualifications

• Bachelor’s degree; Law degree preferred.
• 7+ years experience in handling specialty claims.
• Detail-oriented, adaptable, and strategic in decision-making.
• Understanding of technical claims proficiency and execution of best claim practices.
• Ability to travel for mediations, settlement conferences, and client or account meetings (25%).
• Maintain valid adjusters’ license(s) in states assigned or ability to obtain same.

Responsibilities

• Investigate claims for coverage and damages, pursuing recoveries and subrogation where applicable.
• Understand coverage issues, policy forms, contracts, and regulatory requirements for specialty lines.
• Manage claims with a strategic vision for optimal outcomes.
• Set reserves reflecting exposure changes over the life of the claim.
• Coordinate outside counsel and vendors to obtain best outcomes.
• Present high exposure claims to Claims Leadership and stakeholders.
• Collaborate with partners for client meetings, product development, and audits.

Skills

Analytical thinking

Negotiation skills

Customer service

Communication

Strategic decision making

Education

Bachelor’s degree

Law degree preferred

Job description

Munich Re Specialty - North America is seeking a Senior Claims Specialist to shepherd complex property and professional lines claims from assignment through resolution.

You will direct investigations, analyze coverage, manage external counsel, and coordinate with vendors to drive favorable outcomes while maintaining regulatory compliance. The role requires a law-focused mindset and a track record of strategic claim handling.