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  • Posted: Sep 23, 2021
    Deadline: Not specified
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    Madison Group Limited is a locally owned financial services holding company that specializes in Insurance and wealth management services. The Group comprises of Madison Life Assurance Kenya Limited, Madison General Insurance Kenya Limited, and Madison Investment Managers Limited. Madison Life Assurance Kenya was originally incorporated under Kenyan Laws in 1988 as Madison Insurance Company Limited (MICK) after a successful merger between Crusader Plc (1974) and Kenya Commercial Insurance Corporation.
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    Deputy Manager – Claims

    Job Description

    The Deputy Manager will deputize the Claims Manager in overseeing the claims payments in line with the company’s strategic and operational objectives. In particular, the individual will ensure that genuine and accurate claims are paid to the right payee and that such payments are done within the timelines set in the customer service charter. He/she will also be responsible for resolving all queries and complaints raised by clients in an efficient and amicable manner.

    Duties and Responsibilities

    1. Oversee efficient servicing to policyholders on a timely basis.
    2. Supervise the implementation of the department’s processes and procedures
    3. Ensure that records and registration of all Life claims are well maintained.
    4. Assist in the preparation of all the required claims reports.
    5. Oversee the overall communication between the Company and clients
    6. Regularly visit major clients in order to maintain mutual relationships
    7. Oversee the issuance, recovery, and reconciliation of various policy loans.
    8. Oversee the prompt receipt of relevant claims documentation from our clients.
    9. Ensure claims statutory returns and all other statutory requirements are met.
    10. Ensure that the agreed claims approval limits are observed at all times.
    11. Participate in the identification and undertaking of appropriate training for the claims staff.
    12. Monitoring and controlling management expenses in line with the approved budgets

    Qualifications, Experience, and Personal Attributes

    Qualified candidates are required to possess the following qualifications, experience, and personal attributes:

    1. A Degree in Actuarial Science/Insurance/Other related degrees
    2. AIIK/ACII or other related Insurance qualification
    3. At least 3 years working experience in a similar role
    4. Good organizational and analytical skills
    5. Good problem solving and Customer Service skills
    6. Knowledge in Life Products Underwriting

    Method of Application

    Applications including copies of the latest CV should be addressed to the Group Human Resources Manager, Madison Group Limited, Email: hr_recruitment@madison.co.ke so as to be received by Wednesday 29th September 2021.

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