Description:
As an Insurance Claims Advisor, you will:
Manage the prompt and equitable settlement of construction insurance claims across multiple jurisdictions- Evaluate and interpret policy wordings in order to determine coverage applicable to the loss
- Conduct investigations to determine the cause, scope, and quantum of claims
- Develop and lead claim recovery strategies
- Respond to communications and information requests from insurers, brokers, adjusters, legal counsel and other experts involved in the claims resolution process
- Negotiate appropriate and timely resolutions of claims within the prescribed settlement authority
- Ensure that claims payments are issued in a timely and accurate manner
- Consult with and report to the Director, Risk Management and Chief Legal and Risk Officer on large losses and contentious coverage matters.
- Maintains current and accurate files and documentation for each claim
- Facilitate quarterly claim status review meetings with internal stakeholders and insurance brokers
- Provide direction and guidance with respect to claims and application of coverage
- Assist in the development and implementation of claims management best practices and policies and procedures
- Stay informed on emerging insurance industry trends, statutory and regulatory changes and court decisions that may impact insurance claims
- Assist with the compilation and development of claims data to identity trends and develop risk mitigation strategies