Munich Re

Claims Adjuster, Strategic Insurance Products

Munich Re$75K — $87K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • University Degree and/or CIP designation (completed or in process)
  • Minimum 2 years of experience with personal property lines claims
  • Experience with cyber claims is a plus
  • Valid Adjuster License for multiple provinces is a bonus
  • Bilingual in French and English is advantageous
  • Strong negotiation and customer service skills
  • Excellent communication, organizational, and analytical abilities

Responsibilities

  • Handle the complete claims process from First Notice of Loss to final settlement
  • Provide timely guidance and support to insureds regarding claims
  • Negotiate claim settlements and resolve complex issues effectively
  • Collaborate with clients and insureds for efficient resolutions
  • Ensure compliance with company standards and exceptional customer service

Benefits

  • Collaborative environment fostering continuous learning
  • Hybrid work model with a mix of in-office and remote work
  • Competitive health and dental benefits from day one
  • Flexible health and wellness spending accounts offered
  • Wellness program supporting overall wellbeing
  • Participation in a progressive DC Pension Plan with employer contributions
  • Generous time off policies including various leave options
  • Extension of learning programs including access to LinkedIn Learning and professional fee reimbursement
  • Employee referral and recognition programs
Full Job Description
Primary Objectives:

HSB is seeking an experienced Claims Adjuster to join our team in our downtown Toronto office. The ideal candidate is client-focused, self-motivated, and driven to deliver exceptional service. In this role, you will be responsible for the prompt, professional, and effective investigation and adjustment of specialized personal lines claims. You will serve as a key liaison for HSB, supporting our strategic goal of strengthening claims capabilities and enhancing the client experience.

Job Responsibilities:

In compliance with established company standards and procedures, and in observance of superior customer service practices, the main responsibilities of this position involve:
  • Full-cycle claims handling, from First Notice of Loss to final settlement and payment.
  • Managing the full claims lifecycle, from First Notice of Loss through to final settlement and payment.
  • Advising insureds on claim-related matters and delivering timely, high-quality service.
  • Negotiating settlements and resolving complex claim issues.
  • Collaborating with insureds and client companies to provide guidance and facilitate effective claim resolution.


Qualifications:
  • University Degree and/or CIP designation completed or in process.
  • Minimum 2 years of experience handling personal property lines claims (home or equipment).
  • Cyber claims experience is considered an asset.
  • Valid Adjuster License permitting claims handling in additional provinces (e.g., New Brunswick, Newfoundland, and/or PEI) is considered an asset.
  • Bilingual in French and English is considered an asset.
  • Strong negotiation skills combined with excellent customer service and relationship-building abilities.
  • Sound judgment and strong analytical skills.
  • Excellent communication and organizational skills.
  • Ability to work independently and collaboratively within a team environment.
  • Proficiency in MS Office and database systems.


Company Benefits:

Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.

We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:
  • An engaging and collaborative environment that promotes continuous learning and development
  • A hybrid work environment that combines weekly in-office and remote days
  • A great compensation package including an annual company bonus
  • Competitive company-paid flexible health and dental benefits, starting on your first day
  • Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
  • Wellness program with tools and resources supporting your mental, physical, and financial wellbeing - on and off the job
  • Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
  • Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
  • Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees
  • Employee Referral Program and Recognition Program


Our base salary range for this role is between $75,420 and $87,990 per year , plus an opportunity for an annual company bonus based upon a percentage of eligible pay. The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity.

This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for an existing vacancy.

We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.

About Munich Re

Munich Re is a leading global provider of reinsurance, primary insurance and insurance-related risk solutions. The company is headquartered in Munich, Germany. Munich Re operates in all lines of insurance and has a presence in all major markets worldwide. Munich Re's business model is based on the combination of primary insurance and reinsurance under one roof. The company has three business segments: reinsurance, primary insurance, and Munich Health. Munich Re's global premium income amounted to ?54.5 billion in 2020.
Learn more about Munich Re
Size
41,000 employees
Industry

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