Cape Town: Engineering & Liability Claims Negotiator posted by The Key Recruitment Group

About the Role

The Claims Negotiator contributes to the organisational goals by processing and validating own damage claims, liability, and SASRIA claims in respect of various insurance policies within reasonable time frames as required. The ideal candidate is results-oriented and thrives within a high-pressure dynamic environment, acting with integrity, responsibility, and accountability.

Key Responsibilities

• Attending to own damage claims, liability, and SASRIA claims (amongst others) in respect of Plant All Risk, Contractors All Risk, Machinery Breakdown & Business Interruption and Electronic Equipment Policies (where applicable)
• Sound knowledge of claims principles in industry including Claims management
• Actively manage and oversee the start-to-end claims
• Contribute to the growth and profitability of the Company by providing excellent service and maintaining relationships
• Manage and organize day-to-day operations by establishing priorities to ensure registering, handling, and settling of claims on Companys delegated authority
• Controlling of registers, compliance with SLAs, diary management, quantum, recoveries, salvage, and secure proper claims
• Assess the claims internally
• Ensure all technical aspects for claims settlement are adhered to
• Negotiate settlement of the claims with all relevant stakeholders
• Daily diary files to be extracted and dealt with (g. letters of demand, final notices reminders, and follow up assessors reports)
• Processing payments on system
• Registering claims with the reinsurers/co insurers
• Facultative reinsurance & co-insurance recoveries
• Monitor and periodically review estimates
• Appointment of investigators, assessors, loss adjusters, and other experts if necessary
• Negotiate discounts to reduce costs with repairers, service providers, and partners without compromising quality or harming client retention initiatives
• Attend to Third party claims in terms of the Plant and Contractors Third Party Liability cover
• Signing off of third party
• Third Party

Requirements

Admitted attorney

LLB

Matric

Engineering insurance industry knowledge is an advantage

Prepared to study towards a full FAIS qualification

Willing to do Regulatory Representatives exam

Bilingual

Efficient in Word, Excel, and Outlook

Qualifications

No qualifications mentioned.

Salary & Benefits

Salary negotiable depending on experience and knowledge.