Benefits and Claims Officer at AIICO Insurance

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
10 months ago

Additional Details

Job ID
124925
Job Views
84

Job Description






Responsibilities




  • Prepare maturity notices

  • Compute maturities due to policyholders and send out maturity notice to the Agencies or the policyholders.

  • Receive and review benefits/claims documents: Verify submitted document, process complete documentation for payment and communicate policyholders/beneficiaries for incomplete documentation.

  • Investigate death/disability claims: Field investigation verifying information in claim documents.

  • Compute benefits/claims payable: Calculate surrender, loan and partial withdrawal value.

  • Process benefits/claims: Process payments for voucher and send same to Finance.

  • Communicate payment evidence to Agencies: Follow up with Finance for completion of payment and communicate evidence to Agencies.

  • Prepare and present weekly/monthly reports: Collate transactions and present weekly report.

  • Register CTR report: Capture transactions from N5,000,000.00 and above for regulatory compliance.

  • Generate and share maturity listings among the team: Prepare monthly maturity listings for computation of maturity notices.

  • Review of monthly reports with actuary team: Review actuarial data of unpaid maturities for proper reserving.

  • Create,review and update process calculators: Develop Microsoft Excel Calculators for efficient computing.

  • Collation of higher approval requests: Review transactions between 5,000,001.00 to 10,000,000.00

  • Carry out other duties as assigned.



Requirement




  • Candidates should possess a B.Sc Degree in related fields with 1 - 2 years work experience.



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