A Leading Financial Services Group Seeks to Engage a Claims Administrator For their Insurance Business. The Successful Candidate Will Be Responsible For Performing Administrative Duties Related to Life Insurance Claims.
Responsibilities:-
• Analyzes claims and determine the extent of the company’s liability where the client seeks compensation for damages
• Performs administrative duties (review billing and payments, collaborate with third parties, etc) to check/verify information related to insurance claims
• Coordinates and review life insurance claims submission process
• Liaises with the team to provide answers to claims-related queries
• Prepares and monitors insurance budgets and reports
• Documents, files, reviews, and updates database to always keep current information,
• Supports the Underwriting team by providing accurate management information when required
• Provide administrative activities, prepare, attend, and note for client meetings as required
• Ensures timely scanning of risk related to policies and claims and tracks live status of risks through every stage of the risk cycle
• Liaises with brokers to ensure that all information received is accurate and complete as per guidelines
• Identifies variances in premiums on the underwriting administration system
• Attends to all claims administration and processing queries, collaborating effectively with all relevant parties
Applicants Must Hold:-
• Minimum-Bachelor’s degree in Business Administration, Commerce, Risk Management or equivalent.
• 4+ years of relevant experience
• 1+ years of experience in an Admin/Insurance environment
• Experience within Insurance environment (Operations/Admin)