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Summary

Having been into this field for nearly 5 years, have commensurately acquired knowledge and experience in wide range of claims from miscellaneous claims to major and complex fire breakout.     

Summary

Dec 2012Present

Risk Analyst - Loss Adjuster

Trans Europa Tanzania Ltd
  • Currently gaining vast experience in Tanzania for past 3 years duly been undersigned with following duties; Risk Analysis of Insurance claims.
  • Assessment with bias on Moral/Physical hazards. Conducting inspection(Survey) & re-inspection of property in question of suffering a loss; examining, inquiring, verifying and checking upon the causes and the circumstances of the loss in question including extent of loss, nature of ownership and insurable interest.
  • Estimating, measuring and determining the quantum and description of the subject matter of insurance under loss and calculating the Value at Risk of insured's property. At an event of loss, advising the insured about loss minimization measures, loss control, and safety measures to avoid further losses and to bring down the loss for the Insurer's.
  • Commenting on the admissibility of claim on comparison and observance of warranty conditions under the policy contract.
  • Determining the liability of the Insurance Co. under the contract of Insurance; solving the disputes & satisfying queries of the Insurer/Insured and getting their consent for finalization of claims. Preparing Interim Reports, Preliminary Reports, Pre-Dispatch Reports, Pre-Inspection Reports, Letter of Requirements & subsequent Reminders for follow-up of the claim; and finally Final Survey report.
  • Classes of risks undertaken; Up to date, attained immense exposure in various numbers of risk's such as; Marine-Goods in Transit, Cargo Surveys and allied loss assessments Liability Claims all-encompassing Contractual, Legal, Product and Third party liabilities. Conducted more than 25 Risk Surveys/inspections of Commercial Properties includes(Residential and Non-Residential premises). Accurate grip in Miscellaneous Claims handling at field work as well as preparation of report.  Acquired opportunity to train University Students participated as an intern. 
Dec 2012Present

Risk Analyst

TRANS EUROPA TANZANIA LTD
Risk Analyst/Loss Adjuster Job title-Risk Analyst/Loss Adjuster Responsibilities: Research, analyse and interpret policy language and state law as it applies to claims. Conduct investigation, damage assessment and claim evaluation to ensure adequate payment. Evaluate and apply policy coverage for claims per guidelines. Liaising with insured and external business partners regarding the handling or disposition of claims. Advising the insured about loss minimization measures, loss control, and safety measures to avoid further losses and to bring down the loss for the Insurer's. Major cases where needed to co-ordinate with field experts such as CA's, Civil Engineers, Forensic Experts, Medical Practitioners, and Solicitors. Recognize need for negotiation, and participate in planning strategy within scope of authority. Document all information that is relevant to claim and prepare reports as required. On time preparation of Interim reports, progress report and at the end submission of final report after validation of claim. Highlights: Over a period of 3 years, handled more than 550 commercial line claims includes Theft, Burglary, CIT, Liabilities, T/P property damage, bodily injury and other allied risks attached. Extensive exposure to fire losses to commercial and private properties. Further administered major fire losses a blaze cotton bales, machineries, chemicals, medicines and but to name few. Conducted 25 commercial and private risk inspections of properties that require Risk Assessment. Excelled in numerous claims emerged under CAR policy occurring due to theft or any accidental/unforeseen damages to residential, commercial or a factory/plant under construction sites. Gained extensive exposure in major industries particularly all kinds of manufacturing units includes cotton, fertilizer plants, paper mills, steel plants, pharmaceuticals and chemical manufacturing units, automobile parts, small, medium and large scale units, banks and financial intuitions, service industry, NGO's and yet to explore more. Handled numerous onshore Marine cargo claims as well as a supportive to Master Mariner during Hull losses. Delivered on the job training to fresh graduates from IFM(Institute of Finance Management)-Tanzania.
Sep 2011Jul 2012

Surveyor

TRANS EUROPA TANZANIA LTD
ASSESSOR initiating loss minimization measures, preparing measures, preparing reports based on the submitted information by the claimants and independent investigations on the job, upon review of policy terms and conditions.
Sep 2011Jul 2012

Surveyor

M/s Binesh R. Pattani Govt. Registered

Responsible for visiting the claim sites, acquiring all the relevant data, initiating loss minimization measures, preparing measures, preparing reports based on the submitted information by the claimants and independent investigations on the job, upon review of policy terms and conditions.

Jul 2010Jun 2011

Irda Certified Insurance Surveyor

M/s Shailesh Shah & Co

Job Involved scrutiny and critical analysis of data submitted by the Claimants, relating it with the Policy terms and conditions, earmarking deviations if any, and reporting the same to the management for further action in loss minimization. During this period of work, it gave me immense exposure to various industries, methods of reporting, interviewing the staff including the management of small, medium and big scale industries ranging from Shop owner's, factories and C&F agents dealing with movement of cargo all over the world. Experience developed is for Risk Analysis, unearthing system faults, breach of policy conditions, industrial accounting frauds, frauds in accounting.

Jul 2010Jun 2011

Insurance Surveyor

TRANS EUROPA TANZANIA LTD
INSURANCE SURVEYOR & LOSS ASSESSOR Job Involved scrutiny and critical analysis of data submitted by the Claimants, relating it with the Policy terms and conditions, earmarking deviations of any, and reporting the same to the management for further action in loss minimization. During this period of work, it gave me immense exposure to various industries, methods of reporting, interviewing the staff including the Management of small, medium and big scale industries ranging from Shop owner's, factories and C&F agents dealing with movement of cargo all over the world. Experience developed is for Risk Analysis, unearthing system faults, breach of policy conditions, industrial accounting frauds, frauds in accounting.

Education

Diploma

INSTITUTE OF LOSS

Diploma

Institute of Loss
20102012

Institute of Industrial
20102011

INSTITUTE OF INDUSTRIAL