Personal Claims Consultant

Job Description

To provide claims administration support in respect of Long-term insurance matters to stakeholders in line with Nedbank strategy.Job ResponsibilitiesAssess and make decisions on General claims (Death, Retrenchment and Loss of income claims)Comply 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 Long-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.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 managers

Responsibilities + Skills

Education

Higher Certificate: Long -Term InsuranceEssential CertificationsPreferred Certifications

Experience

Minimum Experience Level2 - 3 years Long- Term Insurance

Job Summary

  • Published on: Thursday, 11th July 2024
  • Designation: Personal Claims Consultant
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: 0
  • Gender:
  • Application Deadline: Thursday, 11th July 2024
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About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website: https://www.nedbank.co.za/
  • 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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