Loss Control Director Job Description

Loss Control Director Job Description

Loss Control Director Job profile and Description

The Loss Control director needs to fulfill a very responsible and vital job. The loss control Management functions deals with managing and containing the damage of a risk already happening or has happened. The main objective is to ensure that the damage won’t get any worse. This is basically and essentially a crisis management function and the aim is to preserve the corporate image and reputation by implementing action plans.

Duties and Responsibilities

There are the following duties and responsibilities of a loss control director which have to be fulfilled:

• The director has the prime duty to apply the pertinent insurance claims in covering for any loss or injury.

• He or she needs to oversee the injuries because of resulting from its operations and ensure correct compensatory payments.

• It is needed to work as an assistant in the adjudication of environmental claims.

• He or she also needs to see the claims in the physical damage, bodily injuries or worker or customer and other 3rd party claims in the delivery of its products and services, manufacturing operations and other business processes.

• It will be the duty to provide the reports of post damage analysis to Risk Management and decision makers as input to any future preventive plans and actions.

• It will be needed to work as a head of the crisis management team in containing the fallout of any damage.

• The duty also includes maintaining the coordination with the marketing to implement face-saving and corrective image positioning programs.

• The director has to travel to site to ascertain extent of damage.

• He or she has to coordinate with Legal and the Public Relations group.

• It is needed to help in the providing press releases or making public statements on media.

Skills and Specifications

The required skills and specifications are as follows:

• The person must have a thorough and deep understanding of business process and their implications to various segments of society.

• He or she needs to have required prior working significant experience in claims adjudication and processing along with customer relationships handling.

• The person should have the exceptional communication skills both verbal and written.

• He or she should have the strong interpersonal skills to interact with high level decision makers, government agencies and the media.

• The person must have the ability to perform the multi tasking job and ability to do the sound judgment when evaluating situations.

Education and Qualifications

The basic degree required to do the job is a degree in Commercial Law or Insurance Law or related course with relevant crisis management or insurance claim adjudication.

• The degree which is also required to do the job is a post graduation degree in a business management, finance or management.

• The person needs to have the past 2-3 year of working experience in another company is an edge.

• The person must have the required computer knowledge and literacy with spreadsheets and word processing.