1. Analysed and assessed Material Damage and loss of profit claims for businesses across various
2. industries, identifying financial losses incurred due to business interruptions.
3. Conducted thorough investigations, gathering necessary documentation and evidence to validate
4. Claims and quantify the loss.
5. Collaborated with internal teams such as underwriters and legal experts to ensure proper claim evaluation and settlement.
6. Negotiated settlements with clients, striving to achieve fair and equitable resolutions while adhering to company guidelines and policies.
7. Must have handled Machine Loss of Profits (MLOP) or Fire Loss of Claims (FLOP) of not less than 5-7 crores from claim to payment
8. Having good relationship with Private and Public Insurance companies from Regional to HO level
9. Good knowledge of Insurance terminology with special reference to claims
10. Good knowledge of Excel for claim MIS and claim calculations
11. Loss of Profit Claims Handling
12. Risk Assessment and Mitigation
13. Financial Analysis and Evaluation
14. Insurance Policy Interpretation
15. Negotiation and Settlement
16. Loss Prevention Strategies
17. Business Interruption Analysis
18. Communication and Client Relations
19. Data Analysis and Documentation
20. Policy Design and Coverage Solutions1. Loss of Profit Claims Handling