Career Bridge Job Site

Claims Recovery Officer - FAK

Kenya        Banking, Finance & Insurance
Closing in 14 Days
Career Bridge Job Site

Job Description

Empowering Africa’s tomorrow, together…one story at a time.

 

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

 

My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.

 

 

Job Summary

To initiate actions and follow up payment/refund of claims to third party insurers

Roles & Responsibilities

  • Receiving demand letters from the Third-party insurer where FAK clients are to blame and actioning as per the knock for agreement.
  • Appointment of service providers to handle Third Party recovery matters as per policy and maintenance of a register for such appointments.
  • Responding to advocates correspondence and ensuring up to date information is in each file.
  • Ensure recovery of matters where Third Party are to blame for a loss and update the register.
  • Triannual review of advocate status report and ensuring the files are up to date.
  • Ensuring payments of service providers are raised in good time, authorized and forwarded to Finance Department.
  • Preparing recovery reports & opinions.
  • Approving all recovery debits as per the approval limits
  • Reviewing the external advocates fees to ensure that the fee notes are raised as per remuneration order.
  • Attending court hearing on behalf of the FAK as and when required.
  • Ensure Status Reports from service providers are received as per the guidelines.
  • Prepare monthly reports and any other report that may be requested.

Qualifications

  • Bachelor’s degree in insurance or a business related eld. 
  • At least five (5) years of relevant experience in similar role.
  • Relevant insurance professionals or equivalent and hold
    membership in recognized insurance professional bodies.

Competencies

DISCLAIMER: 

Career Bridge Limited wishes to inform all applicants that we DO NOT CHARGE ANY FEE at any stage of the recruitment process. This includes the application, interview meeting, or processing stages.

Beware of fraudulent individuals or entities claiming to represent Career Bridge and asking for payment to facilitate recruitment. Career Bridge does not concern itself with information related to applicants' bank accounts.

If you encounter any suspicious activities or requests for payment, please report them immediately to info@careerbridgejobs.com to ensure a secure and transparent recruitment process.

We are committed to providing a fair, ethical, and merit-based recruitment process for all applicants.

 

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Kenya        Banking, Finance & Insurance