Senior Claims Specialist

1 month ago


KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time
Job Summary

To handle single and multi-party personal or commercial line claims of moderate to high exposure and complexity within specific authority limits, to ensure that claims are handled in the most efficient, effective way while delivering a customer-centric claims service.

Job Qualifications Required:
• Bachelor’s Degree and 6 or more years of experience in the Claims and/ or Litigation Management area.

OR
• Juris Doctor and 2 or more years of experience in the Claims and/ or Litigation Management area.

OR
• Zurich Certified Insurance Apprentice, including an Associate Degree with 6 or more years of experience in the Claims and/ or Litigation Management area.

OR
• Completion of Zurich Claims Training Program and 6 or more years of experience in the Claims and/ or Litigation Management area.

OR
• High School Diploma Equivalent and 8 or more years of experience in the Claims and/ or Litigation Management area.

AND
• Must obtain and maintain required adjuster license(s)
• Microsoft Office experience
• Knowledge of insurance regulations, markets and products

Preferred:
• Effective verbal and written communication skills
• Strong analytical, critical thinking and problem-solving skills
• Strong multi-tasking and prioritization skills
• Experience collaborating in a team environment and building cross functional working relationships
• Proactively shares and promotes sharing of insights
• Ability to gather unique perspectives from other teams/functions to optimize outcomes.
• Understands, analyzes, and applies the component parts of an insurance policy for complex claims
• Ability to follow reserving process for indemnity and expense in analyzing the potential exposure of complex claims
• Ability to determine the scope and exposure for complex claims
• Ability to leverage trend and relationships to provide high-quality customer service
• Well-versed in identifying, understanding and explaining complex financial and/or actuarial trends/concepts.
• Ability to effectively communicate coverage determinations to customers/clients/brokers for complex claims
• Ability to direct counsel on an ongoing basis to guide the course of complex litigation and settlement strategies

Job Accountabilities - Key Accountabilities
• Document claims file by accurately capturing and updating claims data/information in compliance with best practices for single and multi-party personal or commercial line claims of moderate to high exposure and complexity.
• Exercise judgment to determine liability by gathering and analyzing relevant facts; utilizing applicable law; establishing basic principles of negligence.
• Exercise judgment to determine policy verification and coverage determination by analyzing applicable coverage for claims and determining whether the loss falls within the coverage.
• Work to have a timely resolution to claims by developing case strategy; developing a case evaluation; escalating issues as appropriate.
• Establish timely reserves and perform ongoing review throughout claims cycle within authority limit by estimating and validating value of claims.
• Assess damages by calculating applicable damages or range of damages allowed by law.
• Negotiate settlement of claim by establishing appropriate negotiation strategy and utilizing available tools and resources within authority limits.
• Meet quality standards by following best practices

Job Functions
• May participate in customer marketing efforts.
Business Accountabilities
• Lead a team of claims handling specialists to develop and implement business processes and manage performance across all activities in order to achieve business objectives and continuously improve performance.
• Translate business objectives into clearly defined business cases, costs or schedules in order to support the achievement of claims.
• Monitor and control allocated human and material resources assigned to project work, maintaining financial and progress forecasting in order to ensure projects are delivered according to schedule and within budget.
• Supervise and quality-assure the drafting of key claims handling policy documents to ensure full compliance to the organization's rules and regulations governing transactions.
• Oversee compliance with claims policies, procedures, systems and processes across multiple countries/Line of Business to protect the organization's interests.
• Analyze key themes from a wide range of data sources in order to identify trends and areas for business improvement providing potential solutions.
• Contribute to the development of process and lead the implementation of systems and process improvements in claims handling.
• Provide technical guidance and recommendations as a subject matter expert in order to support the resolution of the most complex customer cases and develop precedents to improve customer service.
• Manage key internal and external stakeholder relationships across the organization in order to ensure colleagues are informed on relevant issues.
• Act as a technical expert for own team and internal customers and maintains up to date knowledge of own area of expertise so that operational claims team can best serve customers.

You are the heart & soul of Zurich 
 

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right? 

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step. 

Let’s continue to grow together

 

  • Location(s):  MY - Kuala Lumpur 
  • Remote working:
  • Schedule: Full Time
  • Recruiter name: Marina Destiana
  • Closing date:

  • Claims Specialist

    3 weeks ago


    KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job SummaryTo handle single and multi-party personal or commercial line claims of moderate to high exposure and complexity within specific authority limits, to ensure that claims are handled in the most efficient, effective way while delivering a customer-centric claims service.Job Accountabilities - Key AccountabilitiesDocument claims file by accurately...

  • Claims Specialist

    4 weeks ago


    KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary To handle single and multi-party personal or commercial line claims of moderate to high exposure and complexity within specific authority limits, to ensure that claims are handled in the most efficient, effective way while delivering a customer-centric claims service.Job Accountabilities - Key Accountabilities   Document claims file by...

  • Claims Transformation

    2 weeks ago


    KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Purpose To ensure that the technology and systems used in the claims process are reliable, secure, efficient, and meet the needs of the department and the company as a whole. Serve as a liaison between the Claims Department and IT or other technical departments. This ensures that the specific needs and issues of the Claims Department are understood and...


  • KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary Utilize established financial systems and roll out enhanced analytics capabilities to track budgets and highlight variances in order to achieve financial effectiveness and operational efficiency.Job Accountabilities - Key Accountabilities   Ensure monthly reporting of Business Units to the data warehouse and constantly improve data quality and...

  • Claims Analyst

    4 weeks ago


    KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary With moderate direction, handles single and multi-party personal or commercial line claims of moderate exposure and complexity within specific authority limits, to ensure that claims are handled in the most efficient, effective way while delivering a customer-centric claims service.Job Accountabilities - Key Accountabilities • Document claims...


  • KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary Responsible for Claims operational support, business process analysis and other responsibilities / duties periodically assigned by supervisor to meet operational and/or other requirements. Manage claims related projects based on business needs and requirements i.e regulatory, improve customer experience, system enhancement related to products or...


  • KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary   Responsible for Claims operational support, business process analysis and other responsibilities / duties periodically assigned by supervisor to meet operational and/or other requirements. Manage claims related projects based on business needs and requirements i.e regulatory, improve customer experience, system enhancement related to...


  • KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Purpose   To ensure that the technology and systems used in the claims process are reliable, secure, efficient, and meet the needs of the department and the company as a whole. Serve as a liaison between the Claims Department and  IT or other technical departments. This ensures that the specific needs and issues of the Claims Department are...


  • KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary Responsible for Claims operational support, business process analysis and other responsibilities / duties periodically assigned by supervisor to meet operational and/or other requirements. Manage claims related projects based on business needs and requirements i.e regulatory, improve customer experience, system enhancement related to...


  • KualaLumpur, Malaysia Boston Scientific Full time

    Additional Locations:  N/A Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the...


  • KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary To drive growth and profitability in all assigned products through risk selection, pricing, negotiation, sales, retention and quality service. Job Accountabilities - Key Accountabilities Develop or enable the development of new and expanding business opportunities. Manage the sales and service activities to retain the existing...

  • IPZ Executive

    4 weeks ago


    KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary To provide underwriting guidance and support to foreign Property Casualty Underwriters in the correct interpretation & application of country/regional underwriting practices and procedures.Job Accountabilities - Key Accountabilities • Advise on wording and coverage thereby facilitating application of best practice and appropriate management of...


  • KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary Supports the development and configuration of applications by understanding the requirements of customers and recommending application performance improvements, to ensure alignment with business requirements.Job Accountabilities - Key Accountabilities   Understands the customers' processes and products, and how they fit within the goals of the...


  • KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary Under limited supervision, performs and supports finance-related activities related to Financial Accounting, Reporting, Tax, Treasury, Group Re, FinOps and Planning Performance Management in their area of expertise., Effective internal and external stakeholder management with the view to achieving identified objectives within the internal...

  • Medical Underwriter

    4 weeks ago


    KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary To provide technical underwriting expertise and guidance to Business Units and Underwriters under direct supervision and specializing in a line of business or product line, to enable achievement of business plan and the delivery of excellent customer service.Job Accountabilities - Key Accountabilities • Contribute to the implementation of...


  • KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary To provide technical underwriting expertise and guidance to Business Units and Underwriters under direct supervision and specializing in a line of business or product line, to enable achievement of business plan and the delivery of excellent customer service.Job Accountabilities - Key Accountabilities • Contribute to the implementation of...


  • KualaLumpur, Malaysia Swiss Re Full time

    About the role As a Network Partner Coordinator (NPC) you will play an important role in the implementation of Global Programmes by being the link between Swiss Re Corporate Solutions Producing Offices (Underwriters and UAs) and Network Partners around the world.NPCs ensure local policies are issued and serviced in line with our global client's requirements,...


  • KualaLumpur, Malaysia Swiss Re Full time

    About Solutions 'Solutions' is a central pillar of the reinsurance strategy, critical both to the development of the core reinsurance activities as well as for developing new revenue streams for Swiss Re.Solutions are services and platforms delivered to clients that lead to new, more or better business profit generation for Swiss Re that would not happen...

  • Pricing Analyst

    4 weeks ago


    KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job Summary Acts under direct supervision, performing actuarial duties in order to provide highly accurate data and analyses for use by more senior actuaries in relation to reserving, reporting, quantitative risk management or the pricing of business.Job Accountabilities - Key Accountabilities   Provide basic actuarial services under direct supervision to...

  • Training Manager

    1 day ago


    KualaLumpur, Malaysia Zurich Insurance Company Ltd. Full time

    Job SummaryOversees the development of specialized training to customers and personnel on all Strategic Business Unit products, services, and underwriting strategy to help drive growth and profitability.Job Accountabilities - Key Accountabilities Oversees the development, research and analysis of specialized training to customers and Strategic Business Unit...