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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
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    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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