Claims Executive Careers in Vishakhapatnam

We are seeking an experienced Claims Executive to join our team in Vishakhapatnam. The ideal candidate will have 2-4 years of experience and a strong understanding of claims processing within the sports and leisure industry. You will be responsible for managing and resolving claims efficiently and effectively, ensuring adherence to company policies and regulatory requirements.

Key Responsibilities:
- Process and manage incoming claims, ensuring all documentation is complete and accurate.
- Investigate claims to determine liability and coverage, gathering necessary information from relevant parties.
- Communicate effectively with claimants, policyholders, and external stakeholders to explain claim status and resolutions.
- Negotiate settlements within established guidelines and authority levels.
- Maintain accurate and up-to-date claim records in the company's database.
- Identify potential fraud or suspicious claims and escalate as per procedures.
- Assist in the development and implementation of claims management best practices.
- Collaborate with legal and underwriting teams on complex claims.
- Ensure compliance with all relevant insurance regulations and company policies.