Claims Officer Job Post at Africa Re in Nairobi Kenya November 2014
African Reinsurance Corporation | Societe Africaine De Reassurance | (Africa Re)
An International Financial Institution with Headquarters in Lagos (Nigeria), five Regional Offices in Casablanca (Morocco), Nairobi (Kenya), Abidjan (Cote d’Ivoire), Port Louis (Mauritius), and Cairo (Egypt), as well as a subsidiary Company in Johannesburg (South Africa), a Local Office in Addis Ababa (Ethiopia)and a Retakaful Company in Cairo (Egypt).
Owned by 41 member States of the African Union (AU), the African Development Bank (ADB), the IFC (International Finance Corporation), the DEG (German Development Financial Institution), FMO (Dutch private sector financing company), PROPARCO (Subsidiary of the Agence Francaise de Developement) and 107 insurance and reinsurance companies across the African continent.
INVITES applications from suitably qualified individuals who are nationals of Africa Re member States to fill the position of a Claims Officer in its Nairobi Regional Office:
This position is for Assistant Claims Officer whose main responsibility shall comprise, but not limited to:
- Review and acknowledge claims notification received from cedants and brokers
- Maintain proper records of all claims notification and follow up to logical conclusion
- Keep an audit trail of all reported claims
- Prompt processing of reported reinsurance claims recoveries
- Follow up cash call refunds with cedants and brokers
- Process and monitor the development of the outstanding claims provision
- Prepare progress reports on claims development
- Collection of claims and supporting documents
- Manage the follow up and reconciliation of cash call credit refunds
Grade and Duties
The post is in the senior support staff grade with possibilities of advancement in the Corporation.
The successful candidate will have the responsibility for managing the claims portfolio allocated to him/her and reporting to the Claims Officer.
Main Competencies required for this position
- Good skills in business software tools: Word, Excel, Power Point, RMS.
- Very good technical knowledge of the classes of business (underwriting and claims)
- Good knowledge of reinsurance and retrocession.
- Good reporting skills.
Behavioral Competencies
- Reliability
- Discipline
- Punctuality
- Capacity for analyzing and reasoning
- Capacity for planning
- Capacity for taking initiatives and decision
- Ability to foster cordial relationship with cedants and colleagues
- Should be of high Integrity and have good sense of responsibility
- Should be fluent in English language
- A working knowledge of the French language shall be an added advantage.
Qualifications and Professional Experience
Applicants shall be holders of:
- First University degree in relevant field plus a minimum of 5 years relevant work experience or
- ACII Professional Insurance qualification or its equivalent plus a minimum of 5 years relevant work experience.
- Relevant work experience in reinsurance/or claims department of an insurance company or claims/underwriting department of a reinsurance Company is a must.
Additional Requirements
Applicants must be:
- National of member States of Africa Re
Applications together with detailed CV should be sent to the following address:
The Regional Director
African Reinsurance Corporation
Africa Re Centre, P.O. Box 62328, 00200
Nairobi
OR By email to nairobi.vacancy@africa-re.com
Closing date for applications is one week from the date of this advert/not later than on 12/11/2014.