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Insurance Claims Executive
2 months ago
Responsibilities:
- Coordinate with Claims Advisors on information and documents to support claims negotiation and settlement
- Coordinate with Customer Service Coordinators to ensure accurate and timely submission of Letter of Demand (LODs)
- Negotiate with insurers on claims offers on behalf of customers (un-insured losses claims, loss of use/rental, etc.)
- Gather, analyse and present evidence/information on complex claims cases to support in getting customers a fair deal on liability judgements and claims offers
- Provide accurate and timely advices on claims offers and updates on status to Claims Advisors and customers
- Ensure timely closure of claims and escalate cases to direct manager on overdue / low insurers’ offers
- Submit Refund forms for claims due to customers and/or companies upon receiving insurers’ payment confirmation
- Provide timely updates and details of insurers’ claims payments to customers and/or companies. Ensure related reports are updated whenever there is a change in case status
- Ensure all claims document/information are organised and updated to ensure easy visibility/tracking and retrievable:
- Sort and place physical files/documents based on category and status of each claim at designated area
- Update related reports/records for on-time tracking of status.
- Submit closed cases to CSCs for secured storage. Assist in such filing where required
- Carry out claims processes diligently to achieve company’s KPIs (Claims Settlement, Accounts Receivables, etc.)
- Actively initiate/participate to improve such processes when required
- Support in updating or provision of such report(s) on bi-monthly basis or other period specified by management
Requirements:
- At least 2 years of working experience handling Motor Insurance
- Minimum GCE "O" level.
- Independent individual who is able to multi-task in a fast-paced environment
- Meticulous, committed and a strong team player.
EA License No: 17C8724