Facultative & Treaty Claims Manager

Your new role

• Oversee the entire claims process for facultative and treaty reinsurance, from intake to settlement
• Interpret policy terms, conditions, and limits to ensure accurate claims processing.
• Conduct thorough investigations to validate claims, gather necessary documentation, and assess coverage.
• Evaluate claim submissions to determine liability, coverage, and required reserves. Analyse claim trends to inform underwriting decisions.
• Negotiate claim settlements with stakeholders to achieve fair and timely resolutions.
• Maintain accurate claim records, ensuring regulatory compliance and company standards.
• Communicate effectively with internal teams, clients, and external partners to provide claim updates and resolve issues.
• Collaborate with external service providers to support claim investigations and settlement negotiations.
• Implement quality assurance processes to ensure accurate, efficient, and compliant claims handling.
• Stay up-to-date on regulatory developments and ensure adherence to applicable laws, regulations, and internal policies.

What you'll need to succeed

• Degree in a relevant field such as Insurance, Business, Finance, or related discipline.
• At least 8 years of experience in reinsurance claims management, including a minimum of 3 years in a leadership role, with a strong grasp of facultative and treaty reinsurance principles.
• Technical proficiency in claims processing systems, Microsoft Office, and other relevant software.
• Excellent analytical and problem-solving skills, with the ability to evaluate complex claims and make informed decisions.
• Strong negotiation, communication, and interpersonal skills, with the ability to build and maintain relationships with diverse stakeholders.
• Meticulous attention to detail, with a focus on accuracy and quality

What you need to do now If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV to lionel.lee@hays.com.sg.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Registration No: R1986473
EA License No: 07C3924
Company Registration No: 200609504D


Location: Singapore, SG

Posted Date: 11/21/2024