Insurance Officer at Philly and Mools Group

Job Description

•     Review settled insurance claims to determine that payments and settlements have been made in accordance with company practices and procedures.
•     Report overpayments, underpayments, and other irregularities.
•     Maintaining a customer database
•     Investigating customer's needs and advising appropriate insurance
•     Confer with legal counsel on claims requiring litigation.
•     Investigate, analyze, and determine the extent of insurance on company's liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants.
•     Correspond with or interview medical specialists, agents, witnesses, or claimants to compile information.
•     Giving technical and market support
•     Liaising with legal departments to keep updated on the government regulations
•     Calculate benefit payments and approve payment of claims within a certain monetary limit.
•     Appraise automobile or other vehicle damage to determine cost of repair for insurance claim settlement and seek agreement with automotive repair shop on cost of repair.
•     Prepare insurance forms to indicate repair cost or cost estimates and recommendations
•     Obtain information from insured or designated persons for purpose of settling claim with insurance carrier
•     Update existing policies and company records to reflect changes requested by policyholders and insurance company representatives.
•     Process new insurance policies, modifications to existing policies, and claims forms.
•     Obtain information from policyholders to verify the accuracy and completeness of information on claims forms, applications and related documents, and company records.
•     Process applications for, changes to, reinstatement of, and cancellation of insurance policies.
•     Manage long-term claims and reassess them regularly
•     Make recommendations for the settlement of claims
•     Ensure compliance with company policy and procedure relating to insurance.
•     Ensure that all necessary information is provided to claims handlers in a timely manner.
•     Giving technical and market support to the Company
•     Carry out research and give periodic reports to the Group Company on current trends and foreseeable future needs of the insurance industry
•     Develop and implement HSE policies for the Company
•     Recommend and implement appropriate insurance policy cover for the current Company's infrastructure and assets.
•     Ensure proper follow up of claims on behalf of existing clients
•     Increase company's revenue profile through the renewal of premiums and generation of new businesses
•     Strategically create a platform for strong pool of business and subsequently force down premiums payable
•     Perform any other task(s) assigned by your supervisor.

Education

•     Graduate qualification