Claims Officer
4 days ago
Multinational Insurance Company: Claims Officer
Responsibilities- Handling Property, Engineering, Marine Cargo, General Liability, Special Risks Insurance & Reinsurance claims of national and multinational corporate accounts
- Evaluating coverage, taking position on liability, evaluating damages and negotiating settlements
- Making coverage determinations, investigating the loss, conducting an independent assessment as to the company's exposure
- Participating in developing and implementing the most cost-effective and timely disposition and litigation plan to ensure the claims closure via settlement or litigation
- Cooperating with legal counsels in preparing defense in litigated claims
- Claims reporting for supervisors, Home Office and clients, brokers and maintaining loss updates
- Managing subrogation / claims recoveries
- Handling and enhancing insurers, reinsurers, adjusters and broker relationships
- Working with Guidelines, fixed deadlines and Home Office tools / platforms
Requirements
- Min. 3 years in Claims Handling in Commercial & Corporate Insurance / Reinsurance business
- Proven experience in handling Property, Engineering, Marine Cargo, General Liability, Special Risks Insurance, and Reinsurance claims
- Strong skills in evaluating insurance coverage, liability determination, damage assessment, and settlement negotiation
- Ability to conduct independent investigations and develop accurate assessments of company exposure
- Experience in working with legal counsel to prepare defense strategies for litigated claims and execute timely resolutions
- Proficiency in preparing claims reports, maintaining accurate loss records, and using Home Office tools and platforms
- Strong relationship management skills to enhance cooperation with insurers, reinsurers, adjusters, and brokers
- ECDL or high level of use of MS Office
- Excellent Knowledge of English
Benefits
- Competitive compensation package
- Career development and growth opportunities
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