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  • Posted: Feb 17, 2023
    Deadline: Not specified
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    Leadway Assurance Company Limited was founded in 1970. Sir (Dr.) Hassan O. Odukale, (KJW, D.Sc., FCIIN).It has a chequered history of being a company with close attention to relationships, having started operations as a direct motor insurance company. Soon the relationship developed to a stage where it has established a deep relationship with the brokers&rsq...
    Read more about this company

     

    Claims Officer

    The role is responsible for the claims processing activities which include but not limited to claims acknowledgement, correspondence with client/brokers on claims substantiating documents, producing claims vouchers and follow up till claims are paid.

    The role involves

    • Acknowledgement of Claims Notice
    • Request for Claims Substantiating Documents
    • Claims processing and follow up
    • Claims Reports – Management and Regulatory
    • Providing evidence of payment to clients.
    • Validating claim documents.
    • Verify identity of claimant and ensure completeness of documents – KYC, Enhanced Due Diligence on claimant
    • Produce voucher for authorization
    • Produce Claims Batch for verification

    These objectives will be achieved through :

    • Ensuring proper review of claims occurrence within three months of policy inception
    • Communicating feedback on findings to underwriting team on risk improvement
    • Identifying the factors and products that drive the highest frequency and severity of losses
    • Implementation of automated end-to-end workflow processes to reduce manual intervention in internal processing
    • Better knowledge of the Industry, Business and product by staff of Claims function

    Qualifications

    Academic:

    • Bachelor’s Degree or equivalent from a recognized University (Business Related preferred)
    • Professional Qualification (CIIN)

    Functional / Technical skills:

    • Dexterity in the use of Microsoft suites
    • Good interpersonal skills
    • Accuracy and Speed
    • Must be receptive to instructions
    • Computer friendly

    Method of Application

    Interested and qualified? Go to Leadway Assurance Company on leadway.taleo.net to apply

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