Job Summary
The purpose of the position is to undertake retail and corporate claims processing to ensure timely settlement of claims within the stipulated Liberty Life guidelines on claims management..
Core deliverables
- Process claims accurately and in a timely manner as per the provided guidelines to ensure the achievement of the set customer service standards
- Analyse documentation submitted by clients to ensure the information supplied is credible in line with the Liberty guidelines on claims processing
- Register all new claims promptly and acknowledging receipt of the same
- Advise claimants regarding basic matters about their insurance coverage in relation to the insurance claim
- Respond to both internal and external claims inquiries concerning claims process, service providers, and the filing/completion of proper forms
- Record all claims transactions
- Prepare claims registers and update the various claims reports
- Keep claims records as per the Liberty guidelines on record management to ensure ease in accessibility of information and data integrity
- Maintain the claims register to ensure accuracy in data
- Prepare quality reports in a timely manner to ensure timely submission for review
- Reconcile claim reserves and paid claims
- Manage the maturity and surrender suspense including premium refunds
Qualifications
- Bachelor’s degree in insurance or a business-related field
- Professional qualification in Insurance (LOMA, ACII, AIIK)
Experience
- At least 2 years’ experience in claims, underwriting or pension administration role
- in the life insurance industry.
Competencies
- In depth understanding of life insurance operations and concepts
- Ability to prioritize tasks and manage time efficiently
- Excellent organizational and stakeholder management skills
- Solutions – focused mindset
- Knowledgeable in financial solutions and market trends
- Business acumen
If you meet the above requirements, you are encouraged to forward your application and updated CV to [email protected] by 16th September, 2024. Clearly state the job title on the subject heading.
