Reports To: Manager, Risk and Insurance (based at 11 Church Street, Toronto)
Summary: The Bilingual Claims & Risk Management Coordinator will have responsibility for supporting CAPREIT’s Insurance Risk Management programs with a focus on claims administration and tenant insurance management.
Responsibilities:
Claims Administration
Monitors and actions incident reports/claims on internal claims system
Reviews, records and marks incident reports for action by the third-party claims administrator
Manages liability claims through CAPREIT’s third Party claims administrator and monitors claims to ensure timely and appropriate closure
Manages claims workflows and information on internal claims system
Coordinates movement of information between site operations, our insurers, and counsel
Coordinates communication on property claims between site operations, and insurance company, providing support to operations in presenting claims to insurer
Reviews invoicing from TPA, obtains approval to process and updates into monthly claims data.
Monitors for receipt of subrogation claim payments
Assists with the preparation monthly loss reports for CAPREIT.
Tenant Insurance
Tracks all incoming tenant insurance as well as cancellation notifications
Works closely with Insurance Analyst to educate site staff and tenants on the importance of tenant insurance
Reports to OM’s on participation rates in their portfolios
Manages the tenant insurance function on the resident portal, once rolled out
Qualifications:
1-2 years of property/casualty claims experience
Insurance or risk management related courses (CIP/CRM) completed or in process preferred
Ability and comfort to review insurance and contractual documents (insurance certificates, policy documents, contracts, etc.)
Flexibility – CAPREIT is a very active organization – need to multitask, self-regulate and prioritize
Ability to work independently
Ability to work in team environments and with remote team members
Excellent written and oral communication.
Must be bilingual in French and English as this team is based in Toronto.