Claims Officer at Leadway Assurance Company

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 years ago

Additional Details

Job ID
36233
Job Views
109

Job Description



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


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