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. The Company 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. The Opportunity Future focused and always one step ahead! We are looking for a team leader for the position Head of Single Risks Claims US who will be part of the Global Claims Leadership Team.

The Single Risks Claims US team (Claims1.5.3) currently consists of five team members and is responsible for the management of F&C's Corporate claims in the

Lines of Business:

Property, Engineering, Energy and Casualty. The Head of Single Risks Claims US reports to the Head of Single Risks Claims (Claims1.5) in the management view and to the Chief Claims Officer RI NA in the legal view. Responsibilities Lead and guide a specialized Claims team according to the Munich Re Leadership Compass

Actively implement the Claims Ambition 2030 and advance agreed outcomes, as a member of the Global Claims Leadership Team

Develop and implement a strategy for Single Risks Claims US aligned with the Claims Ambition 2030 and the specific needs of the US Corporate book of business

Ensure appropriate proactive and consistent claims management of direct insurance claims in compliance with Corporate Guidelines including coverage determination, accurate and timely reserve setting and negotiations with clients and brokers.

Provide support for mediations, arbitrations, and court hearings relating to claims handled by the team.

Systematically share claims insights, lessons learned and overarching trends with the Claims community and Underwriting

Support underwriting decisions with portfolio intelligence and claims expertise.

Create strong collaboration and partnership with MR US Claims and Underwriting

Actively develop claims expertise in the team for the requisite lines of business, data and AI.

Work in close collaboration with other Single Risks Claims teams to advance knowledge, consistency and expertise

Create an inclusive, accountable team environment, promote constructive challenge and encourage change to achieve department goals and local, regional and global outcomes, both individually and collectively

Carry our continuous conversations including the agreement of commitments, giving and receiving of feedback and development plans for each team member.

Represent Munich Re Claims and MR Group at prioritized conferences, market meetings and industry institutions, strengthening thought leadership and the client and broker value proposition. Qualifications Successful candidates will possess the following skills/capabilities: College degree or equivalent relevant professional and leadership experience required

At least 10 years' experience in primary and/or reinsurance gained or acquired in claims and /or underwriting functions

Demonstrated leadership experience in managerial roles is required

Excellent understanding of insurance and reinsurance coverage interpretation, loss reserving, loss analysis, litigation management, leakage prevention and client relationships

Very good understanding of insurance/reinsurance operations (underwriting, accounting, reserving, legal) and an effective network within US P&C and the Munich Re Group

Very good knowledge of global and US P&C claims systems, applications, processes and Claims guidelines, with the ability to build networks across the MR Group

Proven record of accomplishment in managing, coaching and developing diverse talent

Demonstrated expertise in data quality, portfolio management, reporting and analytics

Strategic thinking aimed at measurable outcomes, practical solutions and business impact

Excellent written, presentation and oral communication skills

Strong negotiation, judgment and conflict resolution skills

Excels in taking initiative, prioritizing proportionately, and working independently to meet deadlines

Adept at translating a shared strategy into clear team priorities and measurable outcomes

Strong digital, data and AI literacy, including responsible adoption of relevant claims technologies The Company is hiring this role in Princeton, NJ or New York, NY. The salary range posted below reflects market variations across both locations, with the higher end being more aligned with the New York job market. The base salary range anticipated for this position is $237,100 - $378,100 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). The salary estimate displayed represents the typical salary range for candidates hired in this position in Princeton and New York. 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. We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits: 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.

Additional insurance coverages provided at no cost to you, such as 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). In addition to the above insurance offerings, our employees also enjoy: 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. At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. 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 are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.