Senior Claims Specialist Position Available In New York, New York

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Company:
MS Reinsurance
Salary:
$150000
JobFull-time

Job Description

About MS Reinsurance MS Reinsurance is a global reinsurer domiciled in Switzerland. With underwriting offices in Zurich, Bermuda, Miami and New York, MS Reinsurance provides best-in-class reinsurance products and services to clients around the world. As part of the world-leading insurance group

MS&AD, MS

Reinsurance is a trusted, long-term partner, helping clients turn risks into opportunities through deep technical expertise and bespoke reinsurance solutions. About the role Reporting to the Head of Claims Americas, you will work closely with the Underwriting and Middle Office/Operations teams of MS Reinsurance. This role will be responsible for managing the US domestic claims portfolio for all classes of business underwritten by MS Reinsurance’s New York Office. Also assisting with the management of the Latin America claims portfolio. “To continually improve our clients’ experience by placing them at the heart of our service and the decisions we make.” Your responsibilities Manage daily claim activities and be responsible for assigned portfolio across a variety of classes of business, including the prompt payment of claim settlements and setting of reserves. Investigate and assess new and existing claims, reviewing contractual terms to determine coverage and exposure. Ensure timely and adequate case reserves, actively working towards the prompt resolution of claims. Work closely with the Middle Office/Operations Team to approve referred claims in a timely manner and provide guidance on complex claims issues. Maintain clear and professional communication with all relevant internal and external stakeholders throughout the claims process. Monitor the quality of data for your assigned portfolio to maintain accuracy and reliability. Liaise with the Contracts and Wordings team to propose necessary amendments to reinsurance clauses as required. Cultivate strong relationships with underwriters, clients, brokers, and other key stakeholders. Facilitate meetings with clients/brokers to discuss claim developments, current trends, and potential challenges. Conduct and participate in reinsurer claims audits (both virtual and in-person) for your portfolio, preparing comprehensive reports in a timely manner. Assume additional responsibilities as needed, including the production and presentation of claims and management information reports. Ensure adherence to all relevant policies, procedures, and standards (both local and group level), as well as applicable regulations. Serve as a deputy for team members during their absence, ensuring continuity of operations. Undertake any other related tasks as requested by the company that align with your expertise and skills. Your profile

Experience:

A minimum of 6 years of claims handling experience within the reinsurance industry.

Technical Expertise:

Extensive experience and in-depth knowledge of technical reinsurance claims handling.

Educational Background:

A degree from a University or College in a business or legal discipline is preferred.

Industry Knowledge:

Strong understanding of property, casualty, and specialty re/insurance lines of business.

Contract Acumen:

Solid knowledge of reinsurance contract terms and structures.

Technical Skills:

Proficiency in Microsoft Office applications, complemented by a proven track record of attention to detail and numerical accuracy.

Communication Skills:

Excellent written and verbal communication skills in both English and Spanish are essential.

Time Management:

Ability to prioritize tasks and manage deadlines effectively.

Teamwork and Initiative:

A highly collaborative team player who demonstrates initiative and can self-manage while working effectively in a team environment. What we offer We offer a modern workplace, an entrepreneurial culture with room for innovation and a hybrid work model. Collaboration, Empowerment and Responsibilities are key values we live on a day-to-day basis. You will be part of a hands-on culture where you really can make an impact. We place mutual trust at the forefront of our collaboration and path to growth. In case of questions, please contact us via email: careers@msreinsurance.com MS Reinsurance is the market-facing brand of the risk carrying legal entity MS Amlin AG, a global reinsurer domiciled in Switzerland and operating in Bermuda as MS Amlin AG, Bermuda Branch, in the United States through MS Amlin Reinsurance Managers, Inc, and in Labuan, Malaysia as MS Amlin AG, Labuan Branch.

Compensation range:

$120,000 -$180,000 Only candidates authorized to work in the USA will be considered.

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