Claims Assessor Support In Respect

Job Description

Job PurposeTo provide claims administration support in respect of short term insurance matters to stakeholders in line with Nedbank strategy.Job ResponsibilitiesComply with Service Level Agreement or Claims Protocol by administering and facilitating the claims process.Reduce risk to Nedbank Group by monitoring, identifying and reporting trends in claims.Build networks with stakeholders by participating in forums.Identify, build and maintain relationships with stakeholders to understand their short term insurance needs.Meet client needs by ensuring claims are processed according to service level agreement and insurance policy.Initiate and process claims to finalisation by ensuring compliance to insurance policy.Comply with Service Level Agreements by adhering to self imposed standards and timeframes.Minimise risk by complying with all Nedbank policies and procedures.Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managersEnsure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.Ensure information is provided correctly to stakeholders by maintaining and sharing knowledge with team.Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).Participate and support corporate social responsibility initiatives for the achievement of key business strategies.Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.

Responsibilities + Skills


Higher Certificate: Short Term Insurance


2 - 3 years working experience as a Claims Assessor in the Short Term Insurance space working with Commercial and Personal Lines within the Banking/Financial Services Industry.

Job Summary

  • Published on: Saturday, 11th July 2020
  • Designation: Claims Assessor
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Bloemfontein
  • Salary: 0
  • Gender:
  • Application Deadline: Saturday, 11th July 2020

About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website:
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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