Our client is a leading player in the Asian Reinsurance market, renowned for its innovative risk solutions and exceptional client service. With a strong presence in the region, it offers a dynamic and supportive work environment that fosters growth and excellence. They are looking for a Facultative & Treaty Claims Manager to lead the team.
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.
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