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Team Member – Life Claims at Phillips Outsourcing Limited

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View Jobs at Phillips Outsourcing Services Nigeria Limited
Full Time Jobs
Lagos
Posted 4 months ago

Job Title: Team Member – Life Claims

Responsibilities

  • Responsible for receiving all non-motor claims related notification by confirming the circumstance of loss and effectiveness of cover at the time of loss
  • Responsible for registering claims on the software and acknowledging claim notification within the stipulated time frame
  • Confirming the premium position as the time of loss
  • Following up with the Insured/Broker to ensure prompt documentation of the claim adjustment
  • Responsible for forwarding the substantiated documents to Inspection and Survey Unit for adjustment.
  • Following up with Inspection and Survey Unit to ensure the file is returned within the stipulated time frame
  • Conveying our settlement offer and discharge voucher/repudiation to the insured/ broker
  • Following up with the insured/broker to ensure the discharge voucher is executed and returned promptly settlement
  • Upon receipt of the executed discharge voucher, ensure payment is made within the stipulated time frame
  • Registered the payment in the settled register and send to DMS for scanning and closure.
  • Ensuring all recoverable on salvage and third party (subrogation) are remitted and imputed on the software.
  • Responsible for claims recoveries from coinsurers.
  • Notify FINCON to confirm payment and issue receipt.
  • Calculate loss ratios and send recommendation to Underwriting Unit for review of terms and conditions where necessary
  • Prepare NAICOM reports for Paid and outstanding claims quarterly.

Requirements

  • Minimum of a Bachelor’s Degree in Insurance / Law or a related field.
  • Minimum of two (2) years relevant experience in an insurance firm
  • Member of the Chartered Insurance Institute of Nigeria (CIIN), Chartered Insurance Institute (CII), Progress to Associate would be an added advantage
  • Good Communications Skills
  • Knowledge of insurance
  • Proficient in the use of Microsoft Office.

Application Instructions:

The application deadline is 20th February, 2025. Therefore qualified and interested candidates should send their CV to: [email protected] using the job title as the subject of the mail.

Job Features

Job CategoryTeam Lead

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