Indemnity Insurance Specialist / Claims Officer

An Indemnity Insurance job can refer to several roles in the insurance industry, but if you're asking for a typical Indemnity Insurance Specialist/Officer/Claims Handler job description, it generally involves managing insurance policies and claims that compensate policyholders for financial losses

Job Title: Indemnity Insurance Specialist / Claims Officer

Purpose of the Role

To assess, process, and manage indemnity insurance claims while ensuring compliance with policy terms, regulations, and company procedures.

Key Responsibilities

Review and evaluate insurance claims submitted by policyholders.

Verify coverage eligibility and policy conditions.

Investigate claims by gathering relevant documentation and evidence.

Calculate claim settlements according to policy provisions.

Communicate with clients, brokers, legal representatives, and other stakeholders.

Negotiate settlements where appropriate.

Maintain accurate claim records and reports.

Identify potential fraud or irregularities and escalate concerns.

Ensure compliance with insurance regulations and internal standards.

Support underwriting and risk assessment teams when required.

Required Skills

Strong analytical and problem-solving abilities.

Excellent communication and negotiation skills.

Attention to detail and accuracy.

Knowledge of insurance policies, claims procedures, and regulations.

Ability to manage multiple cases simultaneously.

• Proficiency in insurance management software and Microsoft Office