Reinsurance Claims Expertise

3 weeks ago


Johannesburg, Gauteng, South Africa The Working Earth Full time

Job Title: Reinsurance Claims Expertise

About the Role:

The Working Earth is seeking a knowledgeable Reinsurance Claims Expert to join our team. As a key member of our claims function, you will be responsible for investigating and settling complex reinsurance claims with a focus on high-value and high-risk cases.

Key Responsibilities:

  • Conduct thorough investigations of complex reinsurance claims to determine coverage, liability, and loss amounts.
  • Interpret reinsurance contracts and policies to determine coverage and obligations.
  • Negotiate with cedents, claimants, and other parties involved in the claim to reach fair and equitable settlements.
  • Resolve disputes and conflicts that may arise during the claims process.
  • Authorize and process claim settlements within established guidelines and procedures.

Requirements:

  • A bachelor's degree in insurance, law, risk management, business administration, or a related field.
  • Professional certifications like the IISA are strongly preferred.
  • Minimum of 5 years of experience in reinsurance claims handling, with a focus on complex and high-value claims.
  • Demonstrated ability to lead and mentor claims teams in a senior role.

Skills:

  • A deep understanding of reinsurance contracts claims processes, and industry best practices.
  • Strong analytical and problem-solving abilities, with the capacity to make informed decisions under pressure.
  • Excellent leadership and people management skills, demonstrated by the ability to motivate and develop team members.
  • Exceptional negotiation skills, particularly in handling complex claims and resolving disputes effectively.


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