Sr. Advisor - Marine Insurance | Scrabble & Jigsaw
Job Description
About CoverSure:
At CoverSure, we are building omni channel tech-first platforms for businesses and households with insurance-product innovation at the core. Our purpose is to empower the insured to own & control their protection at all times. Our deep tech, moulded with Al-driven solutions and enriched with simple content is the key for peace of mind.
CoverSure is a group of closely knit folks who are together to build India's most loved InsurTech. We are attempting to build a first of its kind platform for insurance consumers across borders and a repository of consumer-centric products loaded on our proprietary tech. The problem that we are looking to solve exists in most minds and every enterprise which makes up for a promising sizeable market. Our promise: Insurance will become interesting and shall no more be burdensome.
Role: Sr. Advisor – Marine Insurance
Location: Mumbai
Key Duties and Responsibilities :
- Marine Cargo Insurance expertise
- Assist in verifying policy limits, deductibles, locations, exclusions, and endorsements.
- Answer and return phone calls and emails from insureds, attorneys, claimants, and other contacts.
- Investigate each claim and evaluate coverage, liability and damages.
- Develop and manage litigation plan with outside counsel.
- Examine and monitor claim status for potential exposure opportunities.
- Review coverage matters, analyses, and determinations.
- Responsible for maintaining claim files with a level of complexity that warrants enhanced skill or expertise.
- Ensure that claims are analyzed for coverage, documentation and are adjusted and paid properly within company guidelines.
- Evaluate coverage and liability.
- Analyze claim loss and expense exposure and ensures that all assigned claims are properly and timely reserved.
- Develop and pursue actions that are designed to protect the insured and achieve optimal claim outcomes.
- Ensure timely communication and feedback to underwriters as appropriate.
- Design and implement an overall risk management process for the organization, which includes an analysis of the financial impact on the company when risks occur
- Assess and evaluate risks that affect the company and ensure risks are property addressed and mitigated
Skills/Qualifications:
- 8+ years of work experience as a Marine Cargo Insurance expert.
- Strong analytical skills
- Well organized, attention to detail and effective time management skills
- Excellent professional written and verbal communication skills
- Proficient with Excel, Word and Powerpoint
- Functions with a sense of urgency
- Experience in handling a variety of Marine and/or Inland Marine claims - Cargo, P&I - crew and passenger-, hull, and marine liability claims as well as Contractor's Equipment,
- Superior skills in developing claim strategies to effectuate dispositions.
- Superior communication skills to work effectively with departments and with outside customers.
- Ability to use analytical methods in the claim examining processes to find workable solutions.
- Ability to generate innovative solutions within the claims department.
- Ability to use software to summarize and analyze large amounts of data.
