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  • Posted: Aug 3, 2022
    Deadline: Aug 10, 2022
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  • CIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi
    Read more about this company

     

    Assistant Manager – Recoveries

    PURPOSE:

    To efficiently handle all third party recovery matters and ensure maximum recovery of claims is achieved.

    PRIMARY RESPONSIBILITIES:

    • Check and approve all prepared discharge vouchers within specified limits;
    • Approve payments for all executed discharge vouchers for amounts within specified limits.
    • Negotiate all recovery claims with third-party insurers/ liable parties and ensure prompt settlement of validated cases to save on cost.
    • Follow up and ensure successful recoveries from all third-party insurance companies and other liable parties within a reasonable timeframe.
    • Ensure timely settlement of all third party claims that fall under the Knock for Knock agreement.
    • Ensure timely settlement of claims by third party insurance companies.
    • Achieve the set monthly recovery targets.
    • Co-ordinate timely filling of recovery matters not settled out of court in liaison with the Legal Claims Manager.
    • Maintain an up-to-date records for both outstanding and recovered matters.
    • Maintain an up-to date record for all recovery matters filed in court.
    • Providing period reports on status of recoveries to the Senior Claims Manager.

    GENERIC DUTIES

    • Carry out performance appraisal, coaching and mentoring staff;
    • Resource allocation, staffing and leave approval;
    • Participate in planning and budgeting for the department and
    • Participate in various meeting and committees.

    PERSON SPECIFICATIONS

    Academic Qualifications

    • Bachelors’ degree in Insurance, Business Administration or Economics or in related field.

    Professional Qualifications

    • IIK/ CII Diploma required

    Experience

    • Minimum of three (3) years’ relevant experience

    Skills and Attributes

    • Excellent communication and presentation skills
    • Problem solving skills
    • Excellent interpersonal skills
    • Good analytical skills
    • Computer literate in MS Office and other office applications
    • Understanding of the working environment /competitors
    • Technical competence in insurance
    • Basic knowledge of regulations by AKI and IRA

    Method of Application

    Interested and qualified? Go to CIC Insurance on cic.co.ke to apply

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