Job Title: Insurance Coordinator
- Reports To: Operations Manager/Insurance Manager
The Insurance Coordinator is responsible for managing and coordinating all insurance-related activities within the organization. This role involves handling insurance claims, managing policy renewals, liaising with insurance providers, and ensuring compliance with industry regulations. The Insurance Coordinator plays a crucial role in safeguarding the organizations assets by ensuring appropriate coverage and timely processing of claims.
Policy Management:
Oversee and manage the organizations insurance policies, including renewals, endorsements, and cancellations, ensuring all coverage is up-to-date and appropriate for the organizations needs.Claims Coordination:
Handle all aspects of the insurance claims process, including filing claims, communicating with adjusters, and tracking claims to resolution. Ensure that all claims are processed efficiently and in compliance with company procedures and insurance regulations.Vendor Liaison: Act as the primary point of contact between the organization and insurance providers. Negotiate terms, manage relationships, and resolve any issues related to policy coverage or claims.
- Compliance Monitoring: Ensure that all insurance activities comply with federal, state, and local regulations, as well as industry best practices. Stay up-to-date with changes in insurance laws and regulations that may affect the organization.
Risk Assessment:
Assist in evaluating the organizations risk exposure and work with management to recommend appropriate insurance coverage to mitigate potential risks.Documentation and Record Keeping:
Maintain accurate records of all insurance policies, claims, and correspondence. Ensure that documentation is organized, secure, and easily accessible for audits or internal reviews.Reporting: Prepare and present regular reports on insurance activities, including claims status, policy renewals, and coverage assessments, to management.
- Client and Employee Support: Provide support to clients or employees with insurance-related inquiries, guiding them through the claims process, and ensuring they understand their coverage and any changes to their policies.
Training and Education:
Conduct training sessions for staff on insurance policies, claims procedures, and any relevant regulatory changes.Financial Management:
Assist in budgeting for insurance expenses, reviewing invoices, and ensuring payments to providers are accurate and timely.Education:
Bachelors degree in Business, Finance, Insurance, or a related field preferred.Experience:
3-5 years of experience in an insurance-related role, such as claims management, underwriting, or risk management.
- Experience working with a variety of insurance products (e.g., property, casualty, liability, health).
Skills:
- Strong understanding of insurance policies, terminology, and industry regulations.
Excellent organizational skills with the ability to manage multiple tasks and projects simultaneously.
- Strong communication skills, both written and verbal.
Analytical skills with attention to detail in reviewing and assessing insurance documents.- Proficiency in Microsoft Office Suite (Word, Excel, Outlook).
Technical Skills: Experience with insurance management software or claims processing systems is preferred.
Problem-solving abilities and critical thinking skills.
- Ability to work independently and as part of a team.
* High level of integrity and ability to handle sensitive information confidentially.
Job Type: Full-time
Pay: From AED2,
