Claim Specialist

4 weeks ago


Singapore Everest Insurance Full time
Title:
Claim Specialist - Short Tail

Company:
Everest Intl Re, Ltd Singapore

Job Category:
Claims

Job Description:
  • About Everest:

It's an exciting time for Everest Group, Ltd. as they continue to navigate their journey, with significant opportunities to expand reach, enhance capabilities, and foster diversity in critical markets.

Everest is a prominent global reinsurance and insurance provider, operating for close to five decades through subsidiaries in various regions including Europe, Bermuda, Canada, Singapore, US, and others. With strengths in extensive product offerings, distribution capabilities, a robust balance sheet, and an innovative culture, Everest has maintained its focus on long-term value creation through underwriting excellence and effective risk management. However, the most valuable asset within the organization remains its people.

Being a growth-oriented company, Everest offers a range of products such as Property, Casualty, and specialty items through its subsidiaries in key global markets. Known for its leadership in reinsurance, strong client relationships, underwriting expertise, responsive service, and tailored solutions, Everest's insurance arm leverages global resources and financial stability to customize policies meeting the unique needs of customers.

  • About the role:

Everest Insurance is seeking an experienced short tail insurance claims specialist to join their Claims Team in Singapore. The Short Tail claims portfolio spans property, energy, construction, marine, aviation, and accident and health.

Reporting to the Head of Short Tail Claims, the role involves investigating, evaluating, and resolving attritional and complex high-value property claims across the APAC region. This position provides oversight and management to external vendors like loss adjusters, lawyers, and other experts, offering substantial independence in decision-making. The role also includes contributing to the organization by providing insights, advice, and reviews to underwriters and actuaries, engagement in onboarding and stewardship meetings with clients, and active involvement in operational activities.

Key Responsibilities include but not limited to:
  • Highly developed analytical and claims adjusting skills
  • Experience handling a wide variety of short-tail / first party related claims
  • Review and analyze coverage, prepare appropriate position letters
  • Manage and direct outside lawyers and independent vendors
  • Setting claim reserves timely and appropriately
  • Develop and execute claim resolution strategies
  • Identify issues and trends, take corrective action where necessary
  • Effective communication and collaboration with internal and external stakeholders
  • Participate in various claim-related activities
  • Identify and monitor claims trends and issues

Qualifications, Education & Experience:
The ideal candidate should have over 7 years of Commercial Property, Energy, Power, and Construction claims experience along with strong analytical, organizational, and communication skills. Other requirements include negotiation abilities, strategic thinking, and in-depth knowledge of the insurance industry.

Knowledge, Skills & Competencies:
  • Champion the Everest Insurance Culture through various behaviors and values
  • Collaboration, Diversity, Equity, and Inclusion, Thoughtful Assumption of Risk, Execution, Humility, Leadership

Embracing the core values and colleague behaviors, Everest aims to uphold a unique and inclusive culture, emphasizing respect, continuous improvement, leadership, accountability, and teamwork.

Type:
Regular

Time Type:
Full time

Primary Location:
Singapore Insurance

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