Claims Handler - Property Reinsurance in Trivandrum | ITJ...

CLAIMS HANDLER - PROPERTY REINSURANCE
  • 0 Applied
  • 10
  • Trivandrum
  • 3 - 5 Years
  • Not disclosed
  • Claims Handler - Property Reinsurance
  • Today
Job Description
The Claims Handler will be responsible for managing and assessing property reinsurance claims, ensuring timely investigation, evaluation, and settlement in accordance with policy terms and treaty structures. The role requires coordination with cedants, brokers, loss adjusters, and reinsurers to ensure efficient claim handling and accurate reporting. Key Responsibilities • Manage and process property reinsurance claims from notification through settlement. • Review treaty wordings, coverage terms, and policy conditions relevant to claims. • Coordinate with cedants, brokers, and reinsurers during claim evaluation and settlement. • Liaise with appointed loss adjusters and technical experts during claim investigations. • Assess claim documentation including loss reports, adjuster reports, and supporting evidence. • Prepare claim summaries and recommendations for management and underwriting teams. • Monitor claim developments, reserves, and settlement timelines. • Maintain accurate claims records and ensure compliance with regulatory and reporting standards. Required Qualifications • Degree in Insurance, Engineering, Risk Management, Business, or related discipline. • Professional qualifications in insurance or loss adjusting will be an advantage. Experience Requirements • 3-5 years of experience handling insurance or reinsurance claims. • Experience with property insurance or property reinsurance claims is strongly preferred. • Exposure to large commercial or catastrophe-related claims will be beneficial.
Skills
Strong understanding of property insurance and reinsurance policy structures. • Ability to analyze technical claim documentation and loss reports. • Strong negotiation and communication skills when dealing with brokers, cedants, and reinsurers. • Attention to detail and strong organizational skills. • Ability to work under deadlines and manage multiple claims simultaneously. • Knowledge of KYC, client due diligence, and onboarding procedures within the insurance/reinsurance sector. • Ability to review and validate client, cedant, broker, and counterparty documentation during onboarding. • Understanding of AML, sanctions screening, compliance checks, and regulatory requirements relevant to insurance operations. • Experience coordinating with internal compliance, underwriting, claims, and finance teams to complete onboarding requirements. • Strong attention to detail in maintaining accurate onboarding records and supporting documentation.

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