Dancan Karakach

Reviewed sample claims to identify areas for improvement and detected potential fraud attempts. Created and implemented methods for blacklisting persons and providers involved in insurance claims fraud, serving as a primary point of contact for partners regarding claims-related inquiries.

Prepared reinsurance treaty payments, renewals, and claims reports for management. Collected recoveries from other reinsurance companies and submitted treaty and facultative claims for recovery. Developed and enforced SLAs with reinsurance partners and negotiated treaties.

Ensured accurate reinsurance underwriting and proper risk allocation to treaties and other RI arrangements. Advised members on medical tests, communicated underwriting decisions, and conducted financial underwriting on all risks. Assessed all proposals and accompanying schedules for compliance.

Entered claims into the system for analysis and performed claims documentation vetting and analysis. Processed and paid claims, and assisted in customer service for walk-in clients.

Performed data entry for new business acquired and attended to walk-in clients’ inquiries and complaints. Managed financial receipting for premiums paid in cash and prepared/submitted financial reports for the branch. Supervised salespeople and planned meeting calendars.

Pursued a Bachelor of Science in Actuarial Science with Information Technology. The curriculum covered core principles of actuarial science combined with practical applications of information technology.

Grade: Distinction

Completed a specialized program in Data Analytics, gaining proficiency in tools such as Excel and SPSS. Achieved a distinction upon graduation, demonstrating strong analytical skills.