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Schaumburg, IL, US


Claims Specialist - Surety 

About Swiss Re Corporate Solutions

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Swiss Re Corporate Solutions offers a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?


About the Team: 

The NA Credit and Surety claims team consists of highly skilled individuals, including attorneys and MBA degreed professionals. The team works closely with each other to handle a large case load and provide world-class service to stakeholders. The team is part of the Swiss Re Corporate Solutions claims team, which consists of other insurance disciplines such as Property, Casualty, Accident and Health, and many others. 

About the Role: 

Manage assigned claims, including the investigation and resolution of commercial, customs and other bond claims. Responsibilities include: 

  • Maximize the collection of salvage and recovery. 

  • Manage litigation in order to achieve division objectives. 

  • Review bonds, statutes and contracts during claims investigation. 

  • Evaluate, analyze and resolve claims and salvage issues within authority given by claims head. 

  • Establish, adjust, and maintain sufficient, accurate and reasonable loss and loss adjustment expense case reserves per reserving guidelines. 

  • Provide various reports on files and trends as needed. 

  • Oversee and manage the services of attorneys, accountants, third party administrators, and other consultants. 

  • Resolve disputes. 

  • Maximize the value of the loss adjustment expenses incurred. 

  • Provide world-class service to the underwriters and agents within assigned region. 

  • Lead and collaborate on various projects as needed. 

  • Coach and mentor team members. 

About You 

  • BS/BA/BBA degree in business discipline preferred. 

  • 5-10 years experience handling surety claims in the commercial, contract, and or customs claims arena. 

  • Excellent verbal and written communication skills coupled with strong analytical and interpersonal skills. 

  • Strong negotiation skills required. 

Ability and willingness to travel occasionally as needed. 


Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.


Keywords: claims, surety
Reference Code: 90985 



Nearest Major Market: Chicago