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Claims Manager at Britam

  • Full Time
  • Blantyre
  • Applications have closed
  • Salary: 00

Britam

Job Description

Claims Manager  (24000002) 

Job Purpose and Key responsibilities

 

Job purpose
The role holder will be responsible for overseeing the activities relating to general insurance claims settlement as well as ensuring effective and efficient processing and settlement of general insurance claims so as to meet customer and company corporate objectives.  The role will report to the Group Chief Operations Officer. 

 

Key responsibilities
1.     Co-ordinate and maintain expeditious and efficient processing of general insurance claims and ensure customer needs are attended to promptly 

2.     Analyze general insurance claims data to identify issues, and ensure that all relevant issues relating to underwriting policies and product pricing are identified and communicated to relevant stakeholders

3.     Provide reserve recommendations to ensure that reserve activities are consistent with corporate policies

4.     Implement standards (benchmarks) for measuring the performance of strategic customer relationship and communication

5.     Ensure that all claims fall within scope of respective general insurance policy

6.     Preparation of weekly general insurance claims statistics

7.     Identify, appoint and maintain an efficient and effective list of service providers

8.     Preparation of periodical general insurance claims reports and other management reports relating to claims.

9.     Monitor and review departmental performance

10.  Supervise, appraise, train and develop of staff in the department

11.  Perform any other duties as may be assigned from time to time

12.  Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard.

 

Key Performance Measures
·         Claims recoveries 

·         Customer satisfaction index

·         Intermediary/partner satisfaction index

·         Compliance with key legal, regulatory and operational requirements

·         TAT for claims processing.

Working Relationships 

Internal Relationships:

  • Responsible for staff working under this position
  • Required to liaise and work closely with the other staff members across the business.

External Relationships:

·         Britam customers.

·         Insurance sector players.

 

Knowledge, experience and qualifications required

 

Knowledge, experience and qualifications required
1.     Bachelor’s degree (insurance option preferred) 

2.     Professional qualification in Insurance (ACII or equivalent)

3.     At least 7 years’ experience in insurance claims management 3-4  of which must be in a management level

4.     Knowledge and experience in the insurance sector Extensive experience in ensuring operational risks are identified and managed.

5.     Significant experience in process mapping and restructuring to obtain optimal operations with a focus on cost containment.

6.      A deep understanding of leveraging technology and processes to standardize operations, reducing turn-around times on all key business processes.

7.      A demonstrated track record in optimizing operations to enhance the overall customer experience at all customer contact points.

Essential Competencies
1.     Deciding and Initiating Action: Ensures, key organisational objectives are met, takes responsibility for decisions, actions, projects and people while focusing on achievement of strategic results; takes initiative and works under own direction; initiates and generates activity; makes quick, clear decisions with limited information available which may include tough choices or considered risks; decisions and actions takes into account possible impact on all parts of the business. 

2.     Leading and Supervising: Provides the business with a clear direction based on the overall strategic intent of the organisation; motivates and empowers others with a clear sense of purpose; creates a positive organisational climate that fosters learning and development; acknowledge high potential talent; sets and articulates the vision and values through own personal behaviour.

3.     Relating and Networking: Easily establishes, as well as assists others in building good relationships with customers and staff across all departments, inside and outside of the organisation; relates well to people at all levels; facilitates the resolutions of conflict and manages disagreements with tact and diplomacy.

4.     Persuading and Influencing: Gains clear agreement and commitment from others by persuading, convincing and negotiating to the benefit of the organisation, promote the organisational strategy during conversations; makes effective use of political processes to influence and persuade others; promotes ideas on behalf of oneself, the department or the organisation; makes a strong personal impact on others; takes care to manage the organisation’s impression and brand on others.

5.     Formulating Strategies and Concepts:  Works strategically to realise organisational goals; sets and develops organisational strategies; identifies, develops positive and compelling visions of the organisation’s future potential; takes account of a wide range of issues across, and related to, the organisation; encourage others to take a strategic and long term view in terms of the organisation’s future; communicates the organisational strategy, vision and objectives effectively across all levels of the organisation.

 

Primary Location

: Malawi-Blantyre-Blantyre

Organization

: International Insurance Business

Job Type

: Permanent

Shift

: Day Job

Contract Type

: Full-time

Job Posting

: 19-01-2024

Unposting Date

: 31-01-2024

Number of Openings

:  1