Recovery Officer job at CIC Insurance
Website :
843 Days Ago
Linkedid Twitter Share on facebook

Vacancy title:
Recovery Officer

[ Type: FULL TIME , Industry: Insurance , Category: Finance, Insurance & Real Estate ]

Jobs at:

CIC Insurance

Deadline of this Job:
10 August 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Thursday, August 04, 2022 , Base Salary: Not Disclosed

Similar Jobs in Kenya
Learn more about CIC Insurance
CIC Insurance jobs in Kenya

JOB DETAILS:
PURPOSE:
• Initiate actions and follow up payment/refund of claims to/from third party insurers.

Primary Responsibilities:
• Register and follow up of all third-party recoveries with insurance companies within a reasonable time to ensure the matters are not time barred
• Maintain an up-to-date records for both outstanding and recovered matters.
• Facilitate issuance of initial demand letters to third parties and/or their insurers.
• Document and quantify all recovery claims due to third parties/ insurance companies.
• Document and quantify all recovery claims paid to the third parties and other insurance companies.
• Negotiate all recovery claims with third-party insurers and ensure prompt settlement of validated cases.
• Appoint investigators for tracing of third party legal/beneficial owners of third party vehicles for recovery purposes.
• Ensure timely settlement of all third party claims that fall under the Knock for Knock agreement.
• Actioning all the relevant incoming correspondences via email and mails
• Achieve the set monthly recovery targets.

Person Specifications
• Academic Qualifications
• Bachelor’s degree in a related field
• Professional Qualifications
• IIK or ACII (Progress)
• Experience
• Up to two (2) years’ relevant experience

Skills and Attributes
• Excellent communication and presentation skills
• Problem solving skills
• Excellent interpersonal skills
• Good analytical skills
• Computer literate in MS Office and other office applications
• Understanding of the working environment /competitors
• Technical competence in insurance
• Basic knowledge of regulations by AKI and IRA

Work Hours: 8


Experience in Months: 24

Level of Education:
Bachelor Degree

Job application procedure
• Interested and qualified? Click here to apply


All Jobs

QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Administrative jobs in Kenya
Job Type: Full-time
Deadline of this Job: 10 August 2022
Duty Station: Nairobi
Posted: 04-08-2022
No of Jobs: 1
Start Publishing: 04-08-2022
Stop Publishing (Put date of 2030): 04-08-2065
Apply Now
Notification Board

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.