• Undertake claims processing by receiving registered claims that are within mandate, check & maintain correct reserves and keep a regular follow-up on outstanding documents.
• Interpret related claims documentation and negotiate settlement and disposition of complex claims.
• Approve and settle claims within delegated authority after verification of all documents and validation thereof under the policy cover.
• Assist in the extrapolation of monthly reports on claims.
• Inform reinsurers, brokers, underwriting & legal departments and loss adjusters accurately and promptly of large losses.
• Exercise proper judgment and decision making to analyze the claims exposure, to determine the proper course of action and to appropriately settle the claim.
• Ensure identification of all claims where appointment of surveyors, adjusters or legal representation or litigation is involved and advise the Claims Manager and relevant Executives.
• Handle with responsibility a claims mandate of R60 Million.
Provide input in the compilation of the departmental annual plan.
• Provide input on the review of the claims processes.
• Review and enhance the claims procedure manual for evaluation by the Claims Manager.
• Continuously review departmental risks.
• Establish gaps between industry developments and Sasria covers.
• Compile Statistical Reports.
• Excellent communication skills.
• Manage service level agreements with suppliers and ensure deliverables are satisfactory.
• Great understanding and interpretation of the policy wording for all classes.
• Mentor junior claims consultants (The below R1 Million team).
• Register and validate claims
• Appoint assessors
• Arrange car hire
• Manage claims in terms of claims SLA.
• Accurately interpret policy wording against the claim.
• Make decision regarding merit – indemnify or not.
• Negotiate settlement.
• Draft rejection letters for the manager's approval on claims to be rejected.
• Maintain good relationships with both internal and external stakeholders.
• Manage the salvage process (motor & non-motor salvage)
• Detection of fraud and management of fraudulent indicators.
• Keep the operational system updated.
• Handle queries, complaints and all interactions with clients.
• Provide thorough and timeous feedback to the relevant parties.
• Assist the claims manager with some responsibilities.
• Supervisory role to the team members.
• Good underwriting knowledge and understanding.
• Understanding policy wording on various products.
• Register and validate claims
• Appoint assessors
• Manage claims in terms of claims SLA.
• Accurately interpret policy wording against the claim.
• Make decision regarding merit – indemnify or not.
• Negotiate settlement.
• Draft rejection letters for the team leader's approval on claims to be rejected.
• Maintain good relationships with both internal and external stakeholders.
• Manage the salvage process
• Detection of fraud and management of fraudulent indicators.
• Keep the operational system updated.
• Handle queries, complaints and all interactions with clients.
• Provide thorough and timeous feedback to the relevant parties.
• Good underwriting knowledge and understanding.
• Understanding policy wording on various products.
• New business registrations.
• Policy maintenance.
• Policy amendments.
• Policy renewals.
• Policy cancelations and lapses.
• Compile and action monthly Boudreauxs for various brokerages
• Maintain internal and external stakeholder relationships.
• Good understanding of policy wording.
• Excellent communication skills.
• Handle policy queries timeously .
• Maintain SLAs
An Introduction to Short Term Insurance three (3) months contract