Financial Lines Claims Specialist

Consulture Search; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading insurance consultancy in Dubai is seeking a Financial Lines Claims Specialist. This role involves managing and processing claims related to financial lines insurance policies, negotiating settlements, and providing guidance to clients. Candidates should have at least 3 years of experience in the field, strong analytical skills, and a degree in finance or business. Professional certification is advantageous. The position offers a dynamic work environment with opportunities for development.

Qualifications

• Minimum of 3 years of experience in managing financial lines insurance claims.
• Strong knowledge of financial lines insurance policies and coverage.
• Professional certification in insurance or risk management is a plus.

Responsibilities

• Manage the entire claims process from initial notification to final settlement.
• Review and analyze financial lines insurance policies to determine coverage.
• Negotiate with insurance companies for fair and timely settlements.

Skills

Analytical skills

Negotiation skills

Communication skills

Attention to detail

Education

Bachelor's degree in finance, business, or related field

Job description

About the Role:

We are seeking a highly skilled and experienced Financial Lines Claims Specialist to join our this role you will be responsible for managing and processing claims related to financial lines insurance policies. You will work closely with clients insurance companies and other stakeholders to ensure timely and accurate resolution of claims.

Key Responsibilities:

• Reviewing and analysing financial lines insurance policies to determine coverage and eligibility for claims
• Managing the entire claims process from initial notification to final settlement
• Gathering and evaluating evidence documentation and other information to support claims
• Liaising with clients insurance companies and other parties involved in the claims process
• Negotiating with insurance companies to ensure fair and timely settlement of claims
• Providing guidance and support to clients on claims-related issues
• Maintaining accurate and up-to-date records of all claims and related activities
• Identifying and implementing process improvements to enhance efficiency and effectiveness of claims management
• Keeping up-to-date with industry developments and changes in regulations related to financial lines insurance claims

Qualifications:

• Bachelors degree in finance business or a related field
• Minimum of 3 years of experience in managing financial lines insurance claims
• Strong knowledge of financial lines insurance policies and coverage
• Excellent analytical and problem-solving skills
• Strong negotiation and communication skills
• Ability to manage multiple tasks and prioritise effectively
• Attention to detail and accuracy
• Ability to work independently and in a team environment
• Professional certification in insurance or risk management is a plus