Insurance Specialist

About the Role

Starlinks is seeking an Insurance Specialist to manage and oversee the organization's global and local insurance programs. This full-time role ensures comprehensive and cost-effective coverage for company assets, liabilities, and operations. The specialist will be responsible for policy administration, claims management, contract review, and compliance, contributing to the broader risk management strategy.

Key Responsibilities

• Develop, implement, and manage insurance portfolios across various regions and business units.
• Coordinate with internal stakeholders and brokers to ensure timely renewals and optimal coverage.
• Monitor and update insured values and coverage limits prior to renewal cycles.
• Evaluate and recommend insurance products that mitigate risk while maximizing cost-efficiency.
• Review policies to identify enhancements and eliminate redundancies.
• Maintain accurate and current policy information across internal systems.

Claims Administration and Contract Review

• Serve as the escalation point for complex claims, ensuring timely and favorable resolutions.
• Collaborate with loss adjusters, brokers, and insurers to manage claims effectively.
• Maintain a central claims register and provide regular reporting to senior stakeholders.
• Analyze claims trends to recommend improvements to processes and coverage.
• Review contracts and tenders to ensure appropriate insurance provisions are in place.
• Liaise with brokers and legal teams for technical coverage reviews and recommendations.
• Maintain records of all contract reviews and coordinate approvals for any insurance deviations.

Training, Documentation, and Compliance

• Develop and deliver training sessions and materials on insurance policies, claims handling, and related risk topics.
• Promote awareness and understanding of insurance principles across departments.
• Ensure timely issuance of insurance certificates and policy documentation.
• Oversee the processing and reconciliation of premium payments in accordance with policy terms.
• Collect and maintain necessary compliance documentation (*, KYC) in line with regulatory requirements.
• Stay informed of changes in insurance regulations and advise internal stakeholders accordingly.

Reporting and Strategy Contribution

• Prepare regular reports outlining coverage status, cost efficiencies, and claims performance.
• Support senior management in the development and execution of insurance strategies.
• Contribute to ongoing risk assessments and identify potential gaps in insurance coverage.

Qualifications

Candidates should possess 4 years of experience in a relevant insurance role. The ability to manage complex insurance programs, administer claims, and ensure compliance with regulatory requirements is essential.