MRSGNA Associate Recovery Specialist, Marine

Company:  Munich Re
Location: Schaumburg
Closing Date: 01/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Munich Re Specialty Group North America (MRSG N.A.) is looking for enthusiastic 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 Recovery Specialist, Marine (P1) to join the Roanoke Insurance Group division as a hybrid employee in our Schaumburg, IL office reporting to the AVP, Recovery.
Job Profile

  • Process any and all subrogation claims assigned and handle within the company approved standards
  • Maintain and develop positive relationships with clients on administrative matters and coordinate efforts on significant situations
  • Review claims and identifies legal liability to pursue at fault carrier
  • Works with our vendors and domestic transportation companies (domestic truck/rail) to successfully resolve recovery claims with merit
  • Comply with quality procedures and all company policies - utilizes pertinent subrogation documents, templates, and notes to keep files updated and current.
  • Perform follow ups on all claims in a timely manner
  • Assist with salvage claims with due care, mitigating the loss to the fullest extent as needed
  • All other duties as assigned by management
Job Requirements
  • Knowledge and understanding of the concept of subrogation
  • Good customer service skills for both internal and external relationships
  • Ability to be detailed and thorough in evaluating a claim file and analyzing subrogation possibilities
  • Above average problem solving and decision making
  • Good written and oral communication skills
  • Computer skills to service accounts in a professional manner
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 work environment which champions professional development, innovation and passion; providing employees with a great 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., individuality is a key driver for our success and progress. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we're committed to building an inclusive culture where everyone is welcomed and valued for their authentic selves.
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.
Applicants requiring employer sponsorship of a visa will not be considered for this position.
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