Claims Specialist - FinPro/CorSo
Swiss Re•Chicago, IL
•$84,000 - $140,000•Hybrid
About The Position
As a Claims Specialist on the FinPro – US Agents E&O Claims Team, you will take full ownership of a diverse and dynamic caseload of US Insurance Agents and Brokers Professional Liability claims, guiding each one from initial receipt through to final resolution. This role is a platform for strategic thinking, professional growth, and meaningful impact within a supportive and inclusive environment.
Requirements
- 2–5 years of experience in claims handling, ideally in professional liability; or 1+ years in legal practice, ideally in insurance defense or coverage work
- Bachelor's degree required
- Demonstrated ability to analyze complex coverage questions, assess liability, and evaluate damage with a keen and critical eye
- Possession of, or willingness to obtain, adjuster licenses as required across relevant jurisdictions
- Excellent written and verbal communication skills with a proven ability to deliver high-quality customer service to a range of stakeholders
Nice To Haves
- Experience handling Errors & Omissions (E&O) claims specifically for insurance agents and brokers
- Familiarity with reinsurance or the broader insurance industry landscape
- Experience working with outside counsel and managing litigation strategies
- Strong negotiation skills with a track record of achieving favorable claim resolutions
- Comfort with claims management systems and technology platforms
- Ability to manage a high-volume, diverse caseload with competing priorities
Responsibilities
- Investigate and evaluate claims thoroughly, gathering and analyzing all relevant facts and documentation from inception to resolution
- Analyze coverage, liability, and damages with precision, applying strong legal and technical knowledge to assess complex professional liability scenarios
- Set and maintain accurate indemnity and expense reserves, ensuring financial integrity and alignment with case developments throughout the claims lifecycle
- Develop and execute effective negotiation and resolution strategies, balancing risk, cost, and outcome to achieve optimal results for all stakeholders
- Ensure compliance with all applicable legal and regulatory standards, including maintaining or obtaining required adjuster licenses across relevant jurisdictions
- Collaborate with colleagues, insureds, and outside counsel, fostering strong working relationships and delivering exceptional customer service at every touchpoint
Benefits
- Total compensation approach considering base pay, short- and long-term incentives, and benefits offered
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
Upload and Match Resume
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
