Claims Professional

3 days ago


Singapore beBeeMarine Full time $40,000 - $80,000
Job Description:

We are seeking a Claims Executive to join our team, with expertise in Marine Insurance claims handling.

  • Liaise with clients, intermediaries, surveyors/adjusters, handling agents, overseas principals, and related company groups.
  • Manage correspondence and attend meetings with clients or intermediaries as needed.
  • Upon claims notification, gather customer details, arrange surveys, and coordinate with settling agents.
  • Create claim files/checklists and review policy, reinsurance, and treaty arrangements before confirming underwriting acceptance.
  • Send acknowledgment letters and request necessary claim documents from clients or intermediaries.
  • Prepare and dispatch PLA/Cash-Call Advice; follow up with reinsurers for payments.
  • Draft LLA/MLR for approval and ensure reserves are accurate and timely.
  • Maintain and review diary dates of active files, ensuring proper follow-up before archiving.
  • Verify premium payments and liaise with Finance on delays.
  • Forward claims with strong recovery potential to Claims Recovery Agents and follow up on recovery actions.
  • Update records for exceptional claims (e.g., ex-gratia payments, large losses) and related recoveries.
  • Escalate claims exceeding authority to HOD/Senior Management before notifying relevant parties.
  • Compile monthly/quarterly statistics and review files regularly.
  • Conduct User Acceptance Testing (UAT) for Marine Claims module.
  • Perform other duties as assigned by management.
Required Skills and Qualifications:
  • Outlook
  • Casualty
  • UAT
  • Microsoft Excel
  • Reserves
  • Archiving
  • Ability To Work Independently
  • Reinsurance
  • Investigation
  • Written Communications
  • Underwriting
  • Subrogation
  • User Acceptance Testing
  • Statistics
  • Decision Making
  • Surveys
Benefits:

This is an exciting opportunity to work in the Marine Insurance industry and develop your skills and expertise.

Others:

Please note that only shortlisted candidates will be contacted.


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