Summary
Overview
Work History
Education
Skills
Training & Workshop
Awards and Achievements
Timeline
Generic
Manoah Victor

Manoah Victor

Reinsurance and Insurance Aspirant
Dubai

Summary

Motivated Reinsurance Broker having comprehensive knowledge of Property and Liability Reinsurance with a robust background in claims management and client relationship development. Adept at handling new business placement, renewals, and amendments of existing coverage with Reinsurance Market Knowledge (Middle East & Africa) and a Proven track record in providing high-quality customer service.

Overview

19
19
years of professional experience

Work History

Reinsurance Broker

United Insurance Brokers
05.2024 - Current

· Handling new business placement, renewals and amendment of existing coverage for Property, Liability and Specialty lines of business.

· Reviewing information and analytics to assess risks to support the placement of client's risk across Middle East and Africa.

· Preparation of draft proposals, negotiate and finalizing quotes, terms, conditions and coverage.

· Set priorities and standards for the broking function and regularly evaluate market trends.

· Negotiate and procure the most competitive premiums, rates and terms from the International Reinsurers for the client.

· Providing High-quality customer service and foster long-term client relationship.

· Identifying appropriate partners while staying abreast of market developments and industry practices.

Claims Executive

United Insurance Brokers
03.2020 - 05.2024

· Receive, Record, Validate and process claims for Property, Engineering, Energy and Casualty lines of business

· Validate the accuracy of claims notification and payment requests in terms of the computations, allocation of shares among participating entities from Middle East and African Region.

· Provide technical expertise and reasoned judgement in reviewing and accepting/declining claims notification and claims payment requests, ensuring conformity with the underwriters, claims payment guidelines and procedures

· Advise Management of all large loss amounts as soon as the related claims notification is received from clients

· Review and recommend Management authorization for the settlement of all claim payments and cash call

· Follow up with the Loss Adjuster, Reinsurer and the reinsured for questionable issues and providing updates

· Processing and rendering all Reinsurance claims, Issue Credit / Debit note and handling claims recoveries

· Prepare, Provide and review the claims collection report for monthly, Quarterly and annually for the management

Assistant Manager - Claims

Nasco Insurance Agency
12.2008 - 12.2019

· Responsible for investigating and processing claims (General, Marine & Motor Recovery).

· To make approval or denial decisions and negotiate settlements with other insurance companies in accordance with policy provisions.

· Collaborate with insurance companies in the UAE to correct errors, rectify omissions and investigate questionable issues.

· Contributed extensively to development of departmental/sectional goals in line with business plan, and ensured achievement through establishment of a solid action plan.

· Demonstrated expert technical, professional, or job-related knowledge and skills required to guide effectively and provide hands-on training to team members of the section/ department when required.

· Communicating with team members of departmental expectation, prioritization of departmental requirements to ensure target achievement, ensure solid information management for team focus and target achievement.

· Ensured 100% development and implementation of departmental policies and standard operating procedures (SOPs), conducted periodic reviews and recommended necessary changes.

Claims Analyst

AVIVA - WNS
02.2006 - 12.2008
  • Analyzed and reviewed insurance claims for accuracy, completeness and eligibility.
  • Reviewed claims for eligibility to be reimbursed.
  • Maintained updated records and prepared all necessary documentation.
  • Kept a look out for fraudulent claims by scrutinizing the documents provided and other information available about the claimant.
  • Liaised with other insurance companies and the insured to negotiate the issues in liability and settlement of claims.
  • Was involved in monitoring and controlling the process ensuring the service level agreements are met at all times to increase customer satisfaction.
  • Provided optimum service to policyholders, negotiated fair settlements and identified fraudulent claims.
  • Submitted monthly sectional operational productivity reports to management with improvement or resolution recommendations to department management.

Education

Diploma in Fire Insurance -

National Insurance Academy
India

Licentiate -

Insurance Institute of India
India

Certificate -

Chartered Insurance Institute
London

Bachelor of Arts -

St. Joseph's Evening College
India

Skills

    Relationship Management

    Communication Profiency

    Claims Management

    Customer Service

    Complaints Management

Training & Workshop

  • Business Interruption - TON Training and Business Consultancy
  • Reinsurance Treaty - Insurance Institute of India
  • Comprehensive Programme on Managing Engineering Projects - Insurance Institute of India
  • Claims Management - VSkills
  • Reinsurance - Arab Insurance Institute

Awards and Achievements

  • Best employee award for Hard work.
  • Best employee award for Commitment and Persistence.
  • Achieved and Exceeded targets on Claims Recoveries.
  • Claims Recovery rate with minimum turnaround time
  • Successful in renewing allocated Risks

Timeline

Reinsurance Broker

United Insurance Brokers
05.2024 - Current

Claims Executive

United Insurance Brokers
03.2020 - 05.2024

Assistant Manager - Claims

Nasco Insurance Agency
12.2008 - 12.2019

Claims Analyst

AVIVA - WNS
02.2006 - 12.2008

Diploma in Fire Insurance -

National Insurance Academy

Licentiate -

Insurance Institute of India

Certificate -

Chartered Insurance Institute

Bachelor of Arts -

St. Joseph's Evening College
Manoah VictorReinsurance and Insurance Aspirant