African Reinsurance Corporation Assistant Claims Officer Jobs in Kenya
African Reinsurance Corporation Assistant Claims Officer Jobs in Kenya Introduction of the CorporationThe African Reinsurance Corporation (Africa Re) is a pan-African financial institution with diplomatic status in its current 41 African member countries.
Headquartered in Lagos (Nigeria), Africa Re is the leading reinsurance company in Africa and the Middle East, with continental network of regional and local offices in Lagos (Nigeria), Casablanca (Morocco), Nairobi (Kenya), Abidjan (Côte d’Ivoire), Ébène (Mauritius), Cairo (Egypt) and Addis Ababa (Ethiopia) as well as two subsidiaries: Africa Re (South Africa) Ltd in Johannesburg and Africa Retakaful Ltd in Cairo (Egypt).
Africa Re has a broad-based shareholding comprising 41 African member States, the African Development Bank (AfDB), 114 African insurance and reinsurance companies and three non-regional shareholders, including leading global insurers and reinsurers.
The Financial Strength and Credit Rating of Africa Re is A by A.M. Best and A– by Standard & Poor’s.
Africa Re hereby invites applications from suitably qualified individuals to fill the position of Assistant Claims Officer at the Support Grade level in her Nairobi Regional Office, Kenya
The successful candidate will have the responsibility for managing the claims portfolio allocated to him/her and reporting to the Manager - Claims.
The duties shall comprise amongst others
Review and acknowledge claims notification received from cedants and brokers
Maintain proper records of all claims notification and follow up to logical conclusion
Keep an audit trail of all reported claims
Ability to manage a portfolio - prompt review of reported claims and analyses of policy liability
Respond promptly and accurately to client and broker queries
Prompt processing of reported reinsurance claims recoveries and ensure reinsurance share are correctly calculated
Prepare claims files for management review and approvals
Reconciliation of cedants and brokers accounts
Follow up on claim payments and communicate efficiently to cedants and brokers
Provide and deliver quality services to cedants and brokers.
Prompt process and monitor the development of the outstanding claims provision
Prepare progress reports on claims development and any other management claim reports
Prompt request of claims supporting documents
Manage the follow up and reconciliation of cash call credit refunds
Strong technical knowledge and experience in all the classes of insurance business (underwriting and claims)
Proven experience in handling reinsurance claims recoveries
Practical knowledge of all types of reinsurance treaty and facultative arrangements
Very good knowledge of proportional and non-proportional treaty contract wordings and how the relevant clauses that affect the handling reinsurance claim recoveries
Stakeholder Management particularly with key re/insurance claims professional service providers
In-depth knowledge of appropriate insurance and reinsurance principles, practices and laws as applicable to different lines of business;
Strong analytical skills
Excellent oral and written communication
Negotiation and Presentation skills
Good use of MS Office applications (Word, Excel, PowerPoint, and Outlook);
Problem-solving abilities with strong decision-making capability
Ability to work with tight deadline and handle volumes efficiently
Applicants shall be holders of:
Bachelor’s or equivalent degree with recognized institution of higher learning
Minimum of 5 years hand on experience in similar role
Relevant Professional qualifications will also be an advantage
Relevant work experience in a claims department of a reinsurance company or reinsurance and/or claims department of an insurance company is a must.
Salary & Benefits
The successful candidate shall have the following benefits:
Competitive Basic Salary on the Corporation’s Support Staff Grade Level
Variable pay (Annual Performance Bonus)
Joint contribution to the Provident Fund (7% of the basic salary paid by staff and 14% by the employer)
Children education subsidy for each child up to 26 years (maximum 4 children)
Medical cover for staff and family;
Inflation Adjustment that may increase or decrease depending on the economic situation
Applicants must also be:
Fluent in English language
Working knowledge of French is desirable
Ability to work in a multicultural environment
How to Apply
For more information and job application details, see; African Reinsurance Corporation Assistant Claims Officer Jobs in Kenya
Find jobs in Kenya. Jobs - Kenya jobs. Search our career portal & find the latest Kenyan job positions, career opportunities & jobs in Kenya.
Jobs in Kenya - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Kenya.
Find your dream job from 1000s of vacancies in Kenya posted and updated daily - click here!
Click here to post comments
Join in and write your own page! It's easy to do. How? Simply click here to return to Job Vacancies in Africa.