Vacant Position: Insurance Officer
Required Headcount: 1
Employment Type: Full Time
Salary: As per the company scale
Duty Station: Horra Corporate Group Head Quarter, Addis Ababa
Job Summary
The incumbent’s responsibilities are to secure information on the insurance policies to verify the accuracy and completeness of information on claims, applications and related documents and analyses such information to produce reports that feed into decision making process on all insurance cases.
Duties and responsibilities:
- Under the supervision of the line manager, the Insurance Officer will:
- Supervise all insurance policies and claims in-line with insurance policies.
- Reviewing and providing guidance on current policies
- Responsible for identifying the necessity of which types of insurance package for HCG
- Being the first contact person for any insurance related activities
- Managing entering, reviewing, renewal and payments settlements of all types of insurance with consultation with concerned business unites
- Managing any types of insurance accidents end to end process
- Handle claims linked to all types of insurance coverage
- Monitor the performance of Complimentary Health/Illness Insurance Cover and report any cases of abuse.
- Update and reviewing existing policies
- Communicate with Insurance brokers/or Insurance claim department to obtain information necessary for processing claims.
- In consultation with the Finance department, /Line manger ensure timely settlement of premiums and renewal of insurance
- Prepare monthly reports for the attention of the line manager
- Perform any other duties as assigned by the line manager.
Job Qualification
- Education Qualification: Bachelor’s degree in Business Management, Law, Accounting and Finance or related fields from a renowned institution.
- Work Experience: At least 4 (four) to 8 (eight) years of demonstrated work experience in the insurance sector
- Well experienced in managing different insurance policies such as marine, life and health, vehicle and alike
- Having private sector experience will be an added advantage.
- Ability to maintain accurate records and provide regular reports on insurance claims.
- Ability to work under pressure of deadlines.
- Ability to work sensitively in a multicultural environment and build effective working relations with clients and colleagues.
- Ability to identify and understands relationships, constraints and pressures affecting others.
- Proficiency in Office 365 is required.
- Able to perform other administrative tasks when required.
- Show effective negotiating and interpersonal skills.
- Show problem solving and analytical skills.
- Be innovative and creative.
- Ability to identify and resolve problems.
- Demonstrable understanding and application of insurance principles and processes.
- Fluency in Amharic and English, written and verbal is mandatory