Claims Expert, APH Re Job at Swiss Re, Schaumburg, IL

  • Swiss Re
  • Schaumburg, IL

Job Description

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.

Job Tags

Full time, Contract work, Temporary work, Work at office, Remote work, 3 days per week

Similar Jobs

Hanker Systems

LVN/LPN - Outpatient Clinic Job at Hanker Systems

JOB REQUIREMENTS: - Experience: 3 years of ambulatory/outpatient clinic - CA LVN - Certs: BLS (AHA or ARC only), IV and Blood withdrawal - Special Requirements: Epic Req

Music Ministry International

Catholic Music Director-Eglin AFB Job at Music Ministry International

 ...The Catholic Mass Music Director for the Eglin AFB Catholic Service overseas the music program for the Catholic Community. QUALIFICATIONS: # Bachelors degree in music or a minimum of four years experience leading Catholic choirs or directing Catholic worship music... 

Challenger Sports

Future Opening: Tiny Tykes - Soccer Coach Job at Challenger Sports

Position availableSoccer coach for children ages 2-5What is TinyTykes?TinyTykes is a FUNdamental introduction to the game of soccer for players aged 2 5. Players learn the introductory skills of soccer through you teaching them fun games and stories in weekly... 

Columbia Memorial Hospital

Exercise Physiologist Job at Columbia Memorial Hospital

 ...Wage Range: $41.51 to $62.66, dependent on experience ELIGIBLE FOR CMH EMPLOYEE REFERRAL BONUS: PRIORITY RECRUITMENT The Exercise Physiologist functions as a team member of the Cardiac/Pulmonary Rehab departments and is responsible for the development, coordination,... 

Fayette County Public Schools

School Secretary - Junior High School Job at Fayette County Public Schools

JOB GOAL: The School Secretary performs a variety of secretarial functions, administrative assistant duties to assist with administrative and clerical detail; coordinate flow of communications, correspondence and information in support of operations and activities; and...