Property Claims Client Manager

Munich Re•Chicago, IL

1d•$177,700 - $260,600•Onsite

About The Position

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. We will consider a range of reinsurance and/or relevant insurance experience for this role and the offer will be commensurate with that. As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products. Future focused and always one step ahead! Key to the achievement of our goals to become a digital enterprise which leverages data analytics in order to make decisions about current and future risks, you’ll be empowered and expected to support and add to our culture of innovation and the vision for the future of insurance. The Property Claims Client Manager will deliver comprehensive Claim expertise throughout the entire Munich Re Claim Organization in order to lead efforts to provide significant financial contributions in core claim handling, strong relationship building in external client management, timely and insightful internal business support and competitively distinguishing Claim products and services.

Requirements

10 years’ experience in handling and managing large Corporate property/energy/engineering insurance losses
Extensive understanding of first party insurance coverage interpretation, loss reserving, loss report analysis, litigation management and client relationship administration
Working knowledge of other functions within the insurance operation and an affinity for the legal and technical aspects of insurance claims, analytical skills and the ability to present complex matters in a concise and easy to understand way
Possesses an in-depth understanding of industry issues through participation in trade and industry group activities and is able to effectively share gained knowledge
College degree required
Adept at understanding, embracing and championing change and a shared strategy
Strategic thinking aimed at being solution oriented and results focused
Excellent written and oral communication with exceptional overall human interaction skills
Client centric focus along with a self-motivated ability to exercise superb and decisive independent judgment
Proficiency with Microsoft software (Word, Outlook, Excel) and other computer applications including basic data analysis
Willingness to travel in comprehensive service of clients’ and the Company’s needs

Nice To Haves

advanced educational degrees or industry designations and/or certifications preferred

Responsibilities

Expertly manage all aspects of the most complex, challenging and high exposure first party insurance claims, including general property, energy, and engineering lines of business; including by preparing strategies for settlement negotiations, mediations, arbitrations and/or trials.
Build strong relationships with, anticipate challenges of and provide creative solutions for insureds; serve as a focal point of contact in coordinating MR US actions with respect to clients’ property, energy, and engineering claim activity, consistent with the client centric focus of the MR Group, Business Units and Corporate Centers.
Professionally represent Corporate Claims and the company in meetings with external clients, other Munich Re Group entities, and industry groups, and do so in a manner that favorably reflects upon Munich Re and/or distinguishes Munich Re from its competitors.
Develop and maintain a systematic process for clearly and effectively communicating insights and feedback regarding specific and general coverage, loss, line of business, pricing, and/or risk characteristics to underwriters, actuaries and any other related claim personnel.
Prepare curriculum and facilitate training efforts within and outside the Company, and serve as a technical expert, coach and resource to all employees.
Influence without authority and create a team oriented environment, lead by example and promote and encourage change to enhance the process of achieving MR US goals and scorecard objectives, both on an individual and team level.
Be a self-starter with a focus on client centricity, continuous improvement and excellent communication and collaboration skills.
Manage various special projects developed through own initiative and/or as determined by Manager and deliver timely results with well supported recommendations.

Benefits

health insurance coverage
an employee wellness program
life and disability insurance
401k match
retirement savings plan
paid holidays
paid time off (PTO)
Two options for your health insurance plan (PPO or High Deductible).
Prescription drug coverage (included in your health insurance plan).
Vision and dental insurance plans.
basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
Short and Long Term Disability coverage.
Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).
Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).
A robust 401k plan with up to a 5% employer match
A retirement savings plan that is 100% company funded.
Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.
Eligibility to receive a yearly bonus as a Munich Re employee.
A variety of health and wellness programs provided at no cost.
Paid time off for eligible family care needs.
Tuition assistance and educational achievement bonuses.
A corporate matching gifts program that further enhances your charitable donation.
Paid time off to volunteer in your community.