Job summary
Job post source
This job is directly from Munich Re Specialty - North America
Job overview
The Claims Operations Analyst role at Munich Re Specialty - North America focuses on ensuring accurate financial transaction processing and reconciliation within the claims portfolio, supporting efficient claims operations.
Responsibilities and impact
The analyst is responsible for validating and processing financial transactions, reconciling payments and reserves, managing data submissions, communicating with stakeholders, and participating in special projects to support claims operations.
Compensation and benefits
The position offers a base salary range of $63,000-$86,600 with potential company bonuses, health insurance, wellness programs, life and disability insurance, 401k match, retirement plans, paid holidays, and PTO, with salary adjusted by location.
Experience and skills
Candidates should have a bachelor's degree or equivalent experience, strong organizational and communication skills, insurance and accounting knowledge preferred, proficiency in Microsoft Office and other systems, and adaptability to change.
Work environment and culture
Munich Re values diversity, equity, and inclusion, fostering an inclusive culture where employees feel respected, valued, and empowered to perform their best.
Company information
Munich Re Specialty - North America is a leading specialty insurance provider offering underwriting, claims, and risk management solutions with strong financial backing and a focus on innovative specialty insurance products.
Job location and travel
The job is based in Philadelphia, PA or Princeton, NJ with a hybrid work arrangement combining Munich Re office and home-based work.
Unique job features
The role involves working with multiple specialized systems and collaborating across departments to ensure financial accuracy and claims efficiency, with a focus on process improvement.
Company overview
Munich Re Specialty - North America is a division of Munich Re, a global leader in reinsurance, primary insurance, and insurance-related risk solutions. This division focuses on providing specialty insurance products and services tailored to the unique needs of clients in North America. They generate revenue by underwriting a diverse portfolio of specialty risks, including cyber, marine, and energy, among others. The company has a rich history rooted in Munich Re's longstanding reputation for innovation and financial stability in the insurance industry. Candidates should be aware of their commitment to leveraging advanced analytics and technology to deliver customized risk management solutions.
How to land this job
Tailor your resume to highlight your experience with financial transaction processing, claims reconciliation, and your ability to work with multiple systems like ISCyL, Pipa, and Crystal, as these are central to the Claims Operations Analyst role at Munich Re Specialty - North America.
Emphasize your organizational skills, attention to detail in data validation, and your ability to communicate effectively with internal and external stakeholders, since these qualities align with the responsibilities of managing claims financials and stakeholder communications.
Apply through multiple channels including Munich Re Specialty's official corporate careers page and LinkedIn to maximize your application's visibility and reach.
Connect with current employees in the Claims or Operations divisions at Munich Re Specialty - North America on LinkedIn; use ice breakers such as commenting on recent company initiatives in specialty insurance or asking about their experience working with the claims technology platforms mentioned in the job description.
Optimize your resume for ATS by incorporating keywords like 'claims reconciliation,' 'financial transactions,' 'TPA/MGA coordination,' 'ACH payments,' and the specific systems named (ISCyL, Pipa, Crystal) to ensure it passes automated screenings effectively.
Utilize Jennie Johnson's Power Apply feature to automate tailored applications, identify multiple application portals, and find relevant LinkedIn contacts for networking, allowing you to focus your energy on preparing for interviews and other job search activities.
Jennie Johnson works for you!
Here’s what we do to make sure you’re successful:
Targeted Resume Revamp:
We expertly craft your resume to navigate Applicant Tracking Systems (ATS) and showcase your qualifications, making you stand out as a top-tier candidate.
Job Description Dissection:
Unpack the job posting with expert analysis, ensuring your application hits every key requirement.
Bespoke Cover Letter:
Capture the attention of hiring managers with a personalized cover letter that highlights how your skills align perfectly with the job's needs.
Interview Mastery:
Prepare for interviews like a pro with likely questions, strategic answers, and insightful questions for you to ask, setting you apart as an informed candidate.
Direct Application Insights:
Receive tailored advice on the best places to apply, ensuring your applications are seen by the right employers.
Skills and Gaps Assessment:
Identify and close critical skills gaps to position yourself as the best-fit candidate for your ideal job.
Personalized Email Pitch:
Make a memorable first impression with an email template crafted to engage potential employers and initiate meaningful conversations.
In-depth Research Guide:
Leverage comprehensive research tools to gather effective insights on companies, industry trends, and role-specific challenges.
Detailed Company Analysis:
Gain in-depth understanding of your prospective employer, giving you the edge in applications and interviews.
Strategic Candidate Overview:
Understand your unique value and why companies would want to interview you, highlighting your background and positioning.