|
Claims Analyst Life Jobs – UAP Old Mutual Insurance
Posted by: ugashare-Volunteer
Posted date: 2025-Feb-19
Location: Kampala, Uganda
Job Title:Â Â Claims Analyst Life Organisation:Â UAP Old Mutual Insurance Duty Station:Â Â Kampala, Uganda About the Company: The UAP Old Mutual Group is an integrated Financial Service business comprising Faulu Microfinance Bank, UAP and Old Mutual. The Group, which is operational in East Africa services to more than 1.2 million customers across Kenya, Uganda, Tanzania, Rwanda and South Sudan. The UAP Old Mutual Group now comprises of three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The acquisitions resulted in Old Mutual Kenya UAP Holdings and Faulu Microfinance Bank, forming one of the largest financial services groups with a growing footprint in East and Central Africa. UAP and Old Mutual have been major players in the financial services market in East Africa for decades. The two entities have vast experience in Insurance, Investment, Asset Management and Banking, and are passionate about helping our customers achieve their financial goals. Key Duties and Responsibilities: - Registering all claims as they come in for processing.
- Investigating the nature of the claims where necessary and determining insurance policy coverage and reserving.
- Working closely with the other team members including legal consultants and escalating matters as appropriate within timelines.
- Maintenance of proper records with details of the claims processed, paid and outstanding.
- Providing weekly and monthly claims reports for management consideration.
- Notification to Reinsurance Officer in respect to recoveries.
- Follow up to obtain full documentation pertaining claims
- Follow up of all claims to ensure timely payments
- Follow up of Discharge vouchers sent to corporate clients
- Coordinate review meetings with both clients and company to monitor services
- Undertake any other duties as required commensurate with the level of the position
Qualifications, Skills and Experience:
- A bachelor’s degree in actuarial science or any business-related courses. Professional qualifications such as ANZIF, ACII, DIP CII, AIA will be an added advantage.
Experience: - 5 years’ work experience in underwriting and claims.
- Practical knowledge of life Assurance business functions and operations and awareness of relationships between functional areas of operation.
- Ability to work efficiently and methodically to effectively manage caseload and use own initiative.
- A willingness and ability to learn given that the law changes over time and keeping abreast of new case law and groundbreaking decisions that give the company an advantage when defending claims.
- Handles a variety of coverage with a defined loss potential. Reviews and proceses claims of low to moderate face value or liability against policies and coverage information. Decision-making is structured and objective. Initiates necessary investigations. Exercises judgment to assign adjusters or to refer information to attorneys or subject-matter experts for additional data. Settles and negotiates claims within authorised authority.
Skills - Analytical Thinking, Coaching, Codes of Conduct, Compliance Monitoring, Customer Service, Customer Service Standards, Decision Making, Development Planning, Exercises Judgment, Insurance Claims, Insurance Coverage, Legal Practices, Negotiation, Operations Support, People Management, Planning Activities, Regulatory Requirements, Service Standards, Summarizing Data
Competencies - Action Oriented
- Collaborates
- Drives Results
- Ensures Accountability
- Financial Acumen
- Instills Trust
- Manages Complexity
- Optimizes Work Processes
Education - Bachelors Degree (B): Actuarial Science (Required)
How to Apply:
All suitably qualified candidates are encouraged to submit your application and complete Curriculum Vitae by applying online through visiting Old Mutual’s e-recruitment jobs portal at the web link below. Click Here Deadline: 19th February 2025 For more of the latest jobs, please visit https://www.ugashare.com or find us on our facebook page https://www.facebook.com/Ugashare Job Title:  Associate/Business Partner – Start-up Consultancy Organisation: Spark Talent Solutions… Job Title:  Senior Salesperson (9 Jobs) Organisation: SurePay Duty Station:… Job Title:  Administrative Assistant      Organisation: Human Capital Business Solutions… Job Title:  Parts Sales Executive Organisation: Engineering Solutions Uganda LTD Duty… Job Title:  Claims Administrator OMLAU  Organisation: UAP Old Mutual Insurance… Job Title:  Grants Coordinator (Re-advertized)  Organisation: CARE International in…
|