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.