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Claims Executive

Tawuniya Inssurance Verified

Riyadh , Saudi Arabia

Posted Mar 28, 2019 723 views

SAR. 7,000 - 7,000/Month

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Job Description

JOB PURPOSE

" To provide an efficient & timely settlement of P&C claims in order to achieve the best intrests of Tawuniya and the highest level of customer satisfaction. materials "

PRINCIPAL ACCOUNTABILITIES:

· Optimise the use of personal time/effort and assigned work tools/resources in carrying out assigned duties, to ensure work meets agreed standards for timeliness and quality

· Process and settle P&C claims in accordance with the Claims Manual and Procedures in order to achieve CMS objectives.

· Coordinate with Reinsurers, Brokers, U/Ws, channels, Reinsurance Dept. Finance to collect complete documentation for effective assessment and processing of outstanding and settled claims

· Maintain outstanding claims in order to ensure adequacy of reserves.

· Monitor Service Provider costs and service.

· Analyze claims to assess admissibility, potential legal aspects and quantum aspects whilst considering fairness to the client and the protection of Tawuniya’s financial position.

· Generate monthly reports for review by the Claim Managers

· Ensure implementation and adherence to Services Standards, Policies. Procedures and Manuals to ensure full regulatory compliance.

· Assist in the development of the CMS department System in order to achieve the automation and control of departmental objectives.

· Ensure immediate attendance and report to the concerned Claim Manager of FAC reinsurance recoveries, Treaty cash calls and Loss Notification.

MINIMUM KNOWLEDGE AND EXPERIENCE REQUIRED

LEVEL OF EDUCATION:

In any related subject

Job Details

Functional Area:
Total Positions:
3 Posts
Job Shift:
First Shift (Day)
Job Type:
Department:
SBU - P&C
Job Location:
Gender:
No Preference
Minimum Education:
Bachelors
Career Level:
Entry Level
Minimum Experience:
Less than 1 Year
Work Permit:
Saudi Arabia
Apply Before:
Jun 28, 2019
Posting Date:
Mar 28, 2019
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Tawuniya Inssurance

Insurance / Takaful · 601-1000 employees - Riyadh

The Company for Cooperative Insurance (Tawuniya) was founded in 1986 in Riyadh as a Saudi joint stock company and the first licensed national insurance company in Saudi Arabia offering various insurance products commensurate with the needs of the community of individuals and companies in accordan ...Read More