Insurance Officer at White Soul Group

Duties and Responsibilities
Insurance Claims Management:

• Follow up for prompt renewal of al insurance policies
• Ensure active policy document are made available to all required parties in a timely manner
• Report all incidences to the insurance company for prompt receipt of claims
• Participate in rescue activities, third party payments and facilitate prompt settlements and release of company vehicles
• Prepare and submit all documents required for prompt retrieval of claims form the insurance company on time
• Provide insurance advisory to the management including making recommendations for better and cos efficient insurance organizations to partner with
• Follow up with insurance brokers to ensure that claims are paid on time
• Communicate with insurance brokers to obtain information necessary for processing claims.
• Determine salvage value on total-loss vehicle.
• Estimate parts and labor to repair damage and practicality of repair as opposed to payment of market value of vehicle before accident.
• Calculate premiums, refunds, commissions, adjustments, and new reserve requirements, using insurance rate standards.
• Examine claims investigated by insurance adjusters, further investigating questionable claims to determine whether to authorize payments.
• Investigate, evaluate and settle claims, applying technical knowledge and human relations skills to effect fair and prompt disposal of cases and to contribute to a reduced loss ratio.
• Maintain claim files, such as records of settled claims and an inventory of claims requiring detailed analysis.
• Pay and process claims within designated authority level.
• Prepare reports to be submitted to company’s data processing department.
• Present cases and participate in their discussion at claim committee meetings.
• Report overpayments, underpayments, and other irregularities.
• Prepare weekly reports for review.

Requirements Educational Qualifications

• Bachelor’s degree in accounting, business management or a related field.
• Experience: 2– 5 years’ proven experience in a procurement or inventory management role
• Experience in a data analytics position.
• Experience in a transport/logistics/supply chain organization is an added advantage