Sr. Advisor - Marine Insurance | Scrabble

Posted on September 14, 2023

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. <a href="https://www.coversure.in/" style="color:#0563c1; text-decoration:underline">https://www.coversure.in/</a>   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:   <ul> <li>8+ years of work experience as a Marine Cargo Insurance expert.</li> </ul>   <ul> <li>Strong analytical skills</li> </ul>   <ul> <li>Well organized, attention to detail and effective time management skills</li> </ul>   <ul> <li> Excellent professional written and verbal communication skills  </li> <li>Proficient with Excel, Word and Powerpoint  </li> <li>Functions with a sense of urgency  </li> <li>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,  </li> <li>Superior skills in developing claim strategies to effectuate dispositions.  </li> <li>Superior communication skills to work effectively with departments and with outside customers.  </li> <li>Ability to use analytical methods in the claim examining processes to find workable solutions.  </li> <li>Ability to generate innovative solutions within the claims department.  </li> <li>Ability to use software to summarize and analyze large amounts of data.</li> </ul>

Job Description