Financial Lines Claims Specialist

Consulture Search Limited; Dubai; On-site; AED 180,000 - 300,000; Full time

Job summary

Consulture Search is seeking a skilled Financial Lines Claims Specialist in Dubai to manage and process claims related to financial lines insurance policies. You will work with clients, insurers, and other stakeholders to ensure timely and accurate resolution of claims.

The role requires strong analytical abilities, negotiation skills, and attention to detail to deliver fair settlements and maintain robust claims records while driving process improvements.

Qualifications

• Bachelor's degree in finance, business, or related field.
• Minimum of 3 years in managing financial lines insurance claims.
• Knowledge of financial lines policies and coverage.
• Professional certification in insurance or risk management is a plus.

Responsibilities

• Reviewing and analysing financial lines policies to determine coverage and eligibility for claims.
• Managing the entire claims process from initial notification to final settlement.
• Gathering evidence and documentation to support claims.
• Liaising with clients, insurers and other parties in the claims process.
• Negotiating with insurers to secure fair and timely settlements.
• Maintaining accurate records of all claims and activities.
• Identifying process improvements to enhance claims efficiency.
• Staying updated on industry changes and regulations relevant to financial lines claims.

Skills

Analytical thinking

Problem-solving

Negotiation

Communication skills

Attention to detail

Team collaboration

Education

Bachelor's degree in finance 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