Claims Recovery Officer - First Assurance Kenya at Absa Bank Limited

Posted 2 weeks ago - By Kenya Vacancies - Over 12 Potential Applicants

  • Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.

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    Claims Recovery Officer - First Assurance Kenya
    • Job TypeFull Time
    • QualificationBA/BSc/HND
    • Experience2 years
    • LocationNairobi
    • Job FieldInsurance&nbsp

    Job Summary

    To maintain the continuity of the recovery docket and ensure its effective management.

    Job Description

    • Receiving demand letters from the Third-party insurer where FAK clients are to blame and actioning as per the knock for agreement.
    • Appointment of service providers to handle Third Party recovery matters as per policy and maintenance of a register for such appointments.
    • Responding to advocates correspondence and ensuring up to date information is in each file.
    • Ensure recovery of matters where Third Party are to blame for a loss and update the register.
    • Triannual review of advocate status report and ensuring the files are up to date.
    • Ensuring payments of service providers are raised in good time, authorized and forwarded to Finance Department.
    • Preparing recovery reports & opinions.
    • Approving all recovery debits as per the approval limits
    • Reviewing the external advocates fees to ensure that the fee notes are raised as per remuneration order.
    • Attending court hearing on behalf of the FAK as and when required.
    • Ensure Status Reports from service providers are received as per the guidelines.

    Education and Experience Required:

    • Bachelor’s degree - preferably Insurance
    • At least 2 years’ experience
    • Proven track record of Claims management.

    Professional qualifications

    • ACII/ IIK qualification/ or progress

    Education

    Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

    Method of Application Interested and qualified? Go to Absa Bank Limited on absa.wd3.myworkdayjobs.com to apply

  • Apply Before: 06 April 2025
    Apply Now