• Application Deadline:
• Position: Insurance Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 2 - 5 years



• Location Lagos




• Job Field Insurance 
  
  

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