Insurance Executive at Ascentech Services Limited

Job Description

• Facilitating the renewal process for all insurance policies.
• Managing the registration and acknowledgment of claims in the dedicated claim register.
• Initiating the claim process by opening claim files and generating unique claim reference numbers.
• Informing brokers about newly filed claims to ensure timely communication.
• Coordinating the collection of claim supporting documents from relevant units and forwarding them to brokers based on the insurance class.
• Proactively engaging with units, sending regular reminders, and ensuring timely submission of required documents for comprehensive claims documentation.
• Timely appointment of loss adjusters for claim investigations and diligently following up to expedite the submission of adjustment reports to our insurer.
• Ensuring the swift receipt of offer letters for claims.
• Collaborating with brokers to expedite the settlement of claims, actively updating claim files with payment information.
• Maintaining accurate and up-to-date claim registers to track outstanding documents on various claims.
• Systematically recording all reports submitted by risk adjusters and investigators.
• Monitoring monthly Good-in-Transit declarations, facilitating prompt payments to brokers.
• Undertaking any additional duties as assigned by the organization.

Qualifications

• Qualifications include but not limited to: B.Sc / HND – Insurance / Actual Science or Allied Discipline.
• Membership of Insurance Bodies will be a clear advantage
• 4 - 5 years work experience.