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The Subrogation/Recoveries Officer is responsible for processing insurance subrogation and recovery claims according to the company’s guidelines and customer service standards.
Principal Duties and Responsibilities:
Adheres to claims policies, procedures and standards, reports on breaches and advises the supervisor on deviations.
Advises clients on claims subrogation processing/settlement requirements and general claims status.
Reviews claims documentation for proper completion and follows procedure for efficient claim settlement and recovery.
Handles litigation and subrogation and recovery and reinsurance matters following procedural guidelines.
Visits/liaises with Third Party insurers as necessary.
Liaises with Reinsurance Brokers, Attorneys/In–house Legal Officers, Brokers, Third Party insurers on subrogation/recoveries/litigation matters.
Attends court to represent the company in litigation matters as necessary.
Maintains and updates claims documentation for proper record management to facilitate easy retrieval, aid in decision making and ensure accuracy of payments and collections.
Corresponds with external parties (TP insurers, Brokers, Attorneys TP representatives, Reinsurance Brokers) concerning subrogation and collection matters.
Assists Supervisor with setting and achieving recovery targets.
Adheres to Anti-Money Laundering guidelines.
Supports the development and maintenance of a team environment by performing other related duties.
Liaises with external customers/contractors/suppliers as and when necessary.
Qualifications and Experience:
Diploma in Insurance.
Minimum 5 CXC passes including English and Mathematics
Three (3) years’ experience in an insurance environment.
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Subrogation/Recoveries Officer
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