MRSGM NA Associate Claims Resolution Specialist, Surety
Schaumburg, IL, US
Munich Re Specialty Group North America (MRSG N.A.) is seeking enthusiastic and talented individuals to join us as we grow. As part of Munich Re Group, we are a unique organization providing expertise in specialty and marine lines of insurance as well as surety risks and customs bonds with in-house claims solutions.
We are seeking a full-time Associate Claims Resolution Specialist to join the Roanoke Insurance Group division in our Schaumburg, Illinois office.
Job Profile
- Fast-paced environment with daily monitoring of 500+ ongoing claim files.
- Communication by phone and email with parties involved in the claims process to assist in the resolution of claims.
- Consult with management, underwriting, and sales teams regarding claims activity.
- Distribution of claims reports to communicate insurance risk.
- Analysis of regulatory laws to draft protests and petitions to reduce claims exposure.
- Develop expertise in claims handling to educate clients.
- Conduct thorough investigations of claims to determine coverage and liability.
- Develop and maintain relationships with external partners including attorneys and other industry experts.
- Remain current with industry developments, regulatory changes, and emerging trends in claims oversight.
- Participate in quality assurance and quality control initiatives to ensure high standards of claims handling.
- Analyze claims data to identify trends, patterns, and areas for improvement.
- Communicate complex claims information to non-technical stakeholders, including policyholders, agents, and brokers.
- Work closely with underwriters to ensure that claims are properly documented and supported.
- Ensure compliance with company policies, procedures, and regulatory requirements.
Requirements
- Ability to improvise and solve problems.
- Self-motivated to make calls and contact parties on a consistent basis.
- Organizational skills to prioritize workload independently.
- Team player who can collaborate with colleagues.
- Professional and confident communication skills.
- Proficient writing skills.
- Working knowledge of office software to complete reports, spreadsheets, and word processing.
MRSGM NA is open to considering candidates in numerous locations, including Schaumburg, IL. The salary range posted below applies to the Company’s Schaumburg, IL location. The base salary range anticipated for this position is $50,000 to $65,000. In addition, the Company makes available a variety of benefits to employees, including health insurance coverage, life and disability insurance, 401k match, paid holidays, sick time, and paid vacation The salary estimate displayed represents the typical salary range for candidates hired in this position in Schaumburg, IL. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.
About Us
MRSG N.A. is the holding company for Roanoke Insurance Group (RIG) and Munich Re Specialty Group Insurance Services (SIS) located throughout 7 locations in the United States and Canada with over 250 employees.
SIS provides insurance to retail and wholesale insurance brokers in North America. Specialty lines include ocean and inland marine, cyber tech E&O, terrorism, active assailant & political violence.
RIG operates as a specialty insurance broker focused on surety, insurance and related offerings for logistics service providers, customs brokers and companies with supply chains.
Benefits
We offer our employees a diverse and challenging work environment which champions high performance, professional development, innovation and passion; providing employees with a highly competitive benefits package. All of our benefits are effective the first day of employment including:
- Generous healthcare plans
- Voluntary dental & vision plans
- 401(k) plan
- Flexible spending plans
- Health Savings Accounts (HSA)
- Paid time off
- Paid holidays
- Tuition reimbursement
- Short/long term disability
- Paid Parental Leave
- Employee Assistance Program (EAP)
- Employee Wellbeing Program
- Community involvement
- Life insurance
At MRSG N.A., we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. We pride ourselves on having a diverse workforce. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.
We value and celebrate the uniqueness of individuals and the different perspectives they provide. We offer equal opportunity employment regardless of age, sex, race, color, creed, national origin, religion, veteran status, sexual orientation, atypical hereditary traits, marital status, disability, gender identity or expression, or any other characteristic protected by law. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Nearest Major Market: Chicago
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Quality Assurance, Technology