Senior Surety Claims Specialist — High-Impact Leader

Munich Re Group

Hartford (CT)

On-site

USD 120,000 - 170,000

Full time

8 days ago

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Benefits offered by this job

Health insurance
401k match
Paid holidays and PTO
Wellness program
Disability insurance
Tuition assistance
Voluntary benefits

Job summary

Munich Re Specialty - North America is seeking a Senior Claims Specialist - Surety to lead in-house handling of Performance and Payment Bonds. You will guide investigations, adjust and litigate with counsel and vendors, and drive recoveries while assessing coverage and exposures.

This role requires 8+ years in surety claims, strong analytical and negotiation skills, and the ability to travel up to 25%. The team offers a comprehensive benefits package and opportunities across North America.

Qualifications

  • Bachelor's degree required; JD a plus.
  • 8+ years of experience handling surety matters.
  • Detail-oriented, adaptable, and strategic in decision-making.
  • Strong analytical thinking and negotiation skills.
  • Good verbal and writing skills for internal/external communication.
  • Willingness to travel up to 25%.

Responsibilities

  • Thorough investigation and assessment of claims against surety bonds for coverage, damages, and recovery opportunities.
  • Understanding of coverage issues, bond forms, contracts, and regulatory requirements for Performance and Payment Bonds.
  • Proactive management of claims with a strategic vision for optimal outcome.
  • Set and adjust reserves over the life of the claim to reflect exposure changes.
  • Coordinate and manage outside counsel and vendors to obtain optimal results.
  • Present high exposure claims to Claims Leadership and stakeholders.
  • Collaborate with internal/external partners for client meetings and product improvements.
  • Seek ways to improve claim efficiencies and outcomes.

Skills

Analytical thinking
Negotiation skills
Communication
Relationship management
Strategic mindset
Time management

Education

Bachelor's degree
JD a plus

Job description

Munich Re Specialty - North America is seeking a Senior Claims Specialist - Surety to lead in-house handling of Performance and Payment Bonds. You will guide investigations, adjust and litigate with counsel and vendors, and drive recoveries while assessing coverage and exposures.

This role requires 8+ years in surety claims, strong analytical and negotiation skills, and the ability to travel up to 25%. The team offers a comprehensive benefits package and opportunities across North America.

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