Liability and Professional Indemnity Loss Adjuster

Crawford & Company; Toronto; Remote; CAD 96,000 - 124,000; Full time

Job summary

A leading insurance firm seeks a Liability and Professional Indemnity Loss Adjuster to manage a portfolio of diverse claims. The ideal candidate will have 2-5 years of experience, possess a Bachelor's degree in Law, and demonstrate excellent analytical and negotiation skills. This position is based in Dubai and requires relocation. Join a team that values diversity and inclusion while handling complex liability claims with minimal supervision.

Qualifications

• 2-5 years experience as Liability Loss Adjuster.
• Excellent knowledge of insurance coverage interpretation.
• Ability to work independently on technical subjects.

Responsibilities

• Manage a portfolio of liability and professional indemnity claims.
• Conduct stakeholder engagement and interviews.
• Negotiate claim settlements on best terms.

Skills

Negotiation skills

Analytical skills

Communication skills

Problem-solving skills

Education

Bachelor's degree in Law

Job description

Position Summary

We are currently recruiting for a Liability and Professional Indemnity Loss Adjuster to join our team in Dubai. This position is an expat role and the qualified candidate is expected to relocate to Dubai.

The successful candidate will manage a portfolio of varied liability and professional indemnity claims. Manage the portfolio of claims (including some large and complex claims) from start to finish with minimal supervision. Works within established authority on moderate-to-difficult claims. Portfolio management will include comprehensive enquiries, manage stakeholder relationships and expectations of the insured and broker, policy review and recommendations on policy coverage to insurers, liability analysis, quantum calculations and settlement negotiations.

Responsibilities

• Conduct enquiries into the circumstances of a loss, interpretation and understanding of insurance policies, prepare a liability analysis taking into consideration the circumstances of the loss and the prevailing legislation within the territory / jurisdiction where the loss occurred.
• Stakeholder engagement, conduct interviews with insured representatives, third-party claimants, and witnesses. Manage expectations of all stakeholders involved in a claim, ensuring timely updates are provided and meetings are conducted as required.
• Allocate the appropriate reserve to a claim and communicate the preliminary reserve to insurers at the earliest opportunity.
• Obtain all information and documentation required to do a quantum analysis, understanding the principles of depreciation and salvage that may apply. Accurately document the quantum analysis, reflecting calculations. Incorporate claim adjustment recommendations as appropriate in the report and communicate adjustments to relevant stakeholders.
• Negotiate a claim settlement on best terms and prepare a deed of discharge / release, where applicable.
• Prepare a declinature letter setting out the basis for the declinature where appropriate.
• Recommend litigation when appropriate, assist panel lawyers with gathering evidence and manage the litigated claim from an adjusting perspective, providing assistance where required.
• Presents evidence and serves as an expert witness at legal proceedings.
• To assist in and develop the effective marketing of the client including developing working relationships with existing Clients and to assist with the identification and plan approaches to new Clients

Requirements

• 2-5 years experience as Liability Loss Adjuster with Bachelors degree in Law.
• Excellent knowledge of interpretation of insurance coverage, customs and practices.
• Ability to work independently while assimilating various technical subjects.
• Strong written and oral communication, negotiation and presentation skills.
• Advanced analytical and problem solving skills, with the ability to manage and prioritise multiple projects.
• Effective advanced interpersonal skills to effectively interact with all levels of internal and external client

Additional Information

We thank all applicants for their interest in Crawford & Company however, only those selected for an interview will be contacted.

Crawford is an Employment Equity employer committed to diversity and inclusion. We welcome applications from visible minority group members, women, Aboriginal people, persons with disabilities, members of sexual minority groups and others who may contribute to the further diversification of ideas.

Crawford is committed to accommodating applicants with disabilities throughout the hiring process, in accordance with the Ontario Human Rights Code, Accessibility for Ontarians with Disabilities Act and Crawford’s own policies. We will work with applicants requesting accommodations at any stage of the hiring process. Applicants are required to provide their accommodation needs in advance and submit adequate documentation to support their request for accommodation in the assessment process and / or to perform the essential duties of the posted position. If you have an accommodation need, please email as soon as possible to make appropriate arrangements.

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