Claims Executive

Job Detail
Industry
Insurance / Takaful
Functional Area:
Data Entry
Total Position:
3
Job Type:
Full Time/Permanent ( First Shift (Day)‎ )
Department:
SBU - P&C
Job Location:
Riyadh, Saudi Arabia
Gender:
No Preference
Career Level:
Entry Level
Education:
Bachelors
Minimum Experience:
Less than 1 Year
Salary Range:
SAR. 7,000 to 7,000/Month
Work Permit:
Saudi Arabia
Apply By :
Jun 28, 2019
Posted On:
Mar 28, 2019
Job Description

JOB PURPOSE

" To provide an efficient & timely settlement of P&C claims in order to achieve the best intrests of Tawuniya and the highest level of customer satisfaction. materials "

PRINCIPAL ACCOUNTABILITIES:

· Optimise the use of personal time/effort and assigned work tools/resources in carrying out assigned duties, to ensure work meets agreed standards for timeliness and quality

· Process and settle P&C claims in accordance with the Claims Manual and Procedures in order to achieve CMS objectives.

· Coordinate with Reinsurers, Brokers, U/Ws, channels, Reinsurance Dept. Finance to collect complete documentation for effective assessment and processing of outstanding and settled claims

· Maintain outstanding claims in order to ensure adequacy of reserves.

· Monitor Service Provider costs and service.

· Analyze claims to assess admissibility, potential legal aspects and quantum aspects whilst considering fairness to the client and the protection of Tawuniya’s financial position.

· Generate monthly reports for review by the Claim Managers

· Ensure implementation and adherence to Services Standards, Policies. Procedures and Manuals to ensure full regulatory compliance.

· Assist in the development of the CMS department System in order to achieve the automation and control of departmental objectives.

· Ensure immediate attendance and report to the concerned Claim Manager of FAC reinsurance recoveries, Treaty cash calls and Loss Notification.

MINIMUM KNOWLEDGE AND EXPERIENCE REQUIRED

LEVEL OF EDUCATION:

In any related subject