Claims Negotiator - Legal

SUMMARY:
CLAIMS HANDLER - LLB DEGREE & ADMITTED ATTORNEY

POSITION INFO:
Responsibilities: Attending to own damage claims, liability and SASRIA claims in respect of Plant All Risk, Contractors All Risk, Machinery Breakdown & Business Interruption and Electronic Equipment Actively manage and oversee the start to end of the claims function Manage and organize day-to-day operations by establishing priorities to ensure the registering, handling and settling of claims on the Company's delegated authority and at the same time maintain the standards of the claims department Controlling of registers, compliance with SLA's, diary management, quantum, recoveries, salvage and securing proper claims maintenance Assess the claims internally Ensure all technical aspects for claims settlement are adhered to Negotiate settlement of the claims with all relevant stakeholders Daily diary files to be extracted and dealt with e.g. letters of demand, final notices reminders and follow-up assessors' reports Processing payments on the system: Registering claims with the reinsurers\/co-insurers companies, Facultative reinsurance & co-insurance recoveries, Monitor and periodically review estimates and Appointment investigators, assessors, loss adjusters and other experts if necessary. Negotiate discounts to reduce costs with repairers, service providers and partners, without compromising quality or harming client retention initiatives Attend to Third-party claims in terms of the Contractors Third Party Liability cover Signing off third-party releases and Third-Party recoveries. Relationship Management: Liaising professionally with brokers and other insurers in respect of claims aspects: Actively build, improve and maintain relationships with all stakeholders, i.e. internally and externally. Requirements: Completed LLB Degree is essential Admitted Attorney is essential Previous civil litigation experience is required Short term Insurance experience will be an advantage