Claims Adjuster

3 days ago

Singapore LK RE PTE. LTD. Full time
(Key Duties)
n Primary point of contact and advocate for cedant in all claims-related matters
n Negotiate with reinsurers on behalf of cedant to ensure fair and timely settlement of claims
n Work to resolve complex or disputed claims
n Receive loss notifications from cedants and ensure all necessary documentation is complete and accurate for submission to reinsurers
n Review and interpret complex reinsurance wordings and underlying policies to determine coverage
n Prepare and submit claims to reinsurers in accordance with reinsurance conditions
n Proactively monitor the progress of claims with reinsurers, follow up on outstanding payments, and provide regular updates to cedants
n Maintain accurate records of all claims, correspondences, and financial transactions, ensuring data integrity and compliance with internal and external standards
n Ensure all claims activities comply with regulatory requirements (e.g. MAS regulations in Singapore) and industry standards
n Collaborate with internal brokers and accounting teams to ensure seamless delivery and information flow
n Identify opportunities to improve claims handling processes, enhance efficiency, and leverage for better claims management
(Key Experience / Skills)

• + 0 years of working experience in a claims-handling role

• Bachelor's degree or higher

• Solid communication skills, both written and verbal; public speaking skills; deep understanding of business principles and practices

• Good knowledge of Microsoft Excel /Words/PowerPoint etc.

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