Purpose of Job
This role will be responsible for managing claims of Employee Benefits for corporate client which involves communicating with stakeholders and facilitating claim settlements.
Key Responsibilities / Accountabilities
Claims Management:
- Access and review incoming claims notifications and documentation where there are any potential problems or contentious claims and promptly inform the relevant parties.
- Identify the coverage of the policy to seek validation where necessary, and advice where uncertain or clarification required.
- Communicate with insurers and adjusters to help clients manage their incoming claims and ensure that claim management processes adhere to standards.
- Review issues pertaining to claims processing and claims complications, provide resolution and advise on technical expertise to ensure proper application of pertinent claims policy, actions and calculations of claims rates.
- Collaborate with clients and client servicing colleagues for specific claim-related issues or client service concerns to resolve issues.
- Provide professional advice to clients on queries related to policy coverage, claims preparation and operation and other advisory roles.
- Prepare accurate claims reports to maintain proper records and facilitate distribution.
Compliance
- Ensure compliance with all applicable Company and/or Group policies and procedures
- Maintain accurate records and deal with correspondence appropriately
Representing the Company
- Perform any other reasonable duties as required.
Knowledge/Experience and Skill
- Diploma or Bachelor's degree in business management or related disciplines
- Minimum 7 years of related working experience in handling corporate claims, Relevant experience in the insurance product lines is required.
- Demonstrated expertise in claims management within the relevant product area.
- Ability to work effectively both independently and within a team to manage claims efficiently.
- Good organizational skills with attention to detail
- Strong understanding of insurance policy wordings and claims processes.
- Excellent communication and negotiation skills.
- Proficiency in claims systems and Microsoft Office Suite (Microsoft Excel, Word, and Power Point)