Servicing Officer job at Jubilee Insurance
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315 Days Ago
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Vacancy title:
Servicing Officer

[ Type: FULL TIME , Industry: Insurance , Category: Finance, Insurance & Real Estate ]

Jobs at:

Jubilee Insurance

Deadline of this Job:
Sunday, June 11 2023 

Duty Station:
Within Kenya , Nairobi, East Africa

Summary
Date Posted: Wednesday, June 07 2023, Base Salary: Not Disclosed

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JOB DETAILS:

Role Purpose
• The role holder plays a vital role in ensuring the smooth and efficient servicing of group life insurance policies. They are responsible for managing the administrative tasks related to group life insurance policies, providing exceptional customer service to policyholders, and ensuring compliance with regulatory requirements.

Main Responsibilities
• Policy Administration: Handle the day-to-day administration of group life insurance policies, including policy setup, maintenance, and termination. Process policy changes, updates, and endorsements accurately and within the agreed timelines.
• Customer Service: Serve as the main point of contact for policyholders, brokers, and internal stakeholders regarding group life insurance policies. Respond promptly and professionally to inquiries, resolve policy-related issues, and provide accurate and comprehensive information.
• Policy Renewals: Coordinate and manage the renewal process for group life insurance policies. Prepare renewal documentation, communicate renewal terms to policyholders, and ensure timely policy renewals.
• Claims Support: Collaborate with the claims department to facilitate the processing and settlement of group life insurance claims. Review claim documentation, gather required information, and provide support to policyholders throughout the claims process.
• Compliance and Documentation: Ensure compliance with internal policies, procedures, and regulatory requirements related to group life insurance. Maintain accurate and up-to-date policy records, documentation, and databases.
• Reporting and Analysis: Generate and analyze reports related to group life insurance policies, including policy performance, renewal rates, claims data, and customer satisfaction. Identify trends, insights, and areas for improvement.
• Relationship Management: Build and maintain positive relationships with policyholders, brokers, and other external stakeholders. Liaise with underwriters, actuaries, and other internal departments to ensure efficient policy servicing and resolution of issues.

Key Competencies
• Excellent communication and interpersonal skills.
• Strong attention to detail and accuracy.
• Customer-focused mindset and ability to provide exceptional service.
• Proficiency in insurance policy administration and processes.
• Analytical thinking and problem-solving abilities.
• Time management and organizational skills.
• Ability to work independently and collaboratively in a team environment.
• Knowledge of group life insurance products and industry regulations

Qualifications
• Bachelor of Commerce, Bachelor of Science in Actuarial Science or any other related field.
• Professional certifications in insurance (e.g., LOMA) are advantageous.

Relevant Experience
• Minimum of 4 years’ relevant experience in a similar position.

Work Hours: 8


Experience in Months: 48

Level of Education:
Bachelor Degree

Job application procedure
• If you are qualified and seeking an exciting new challenge, Please apply via Recruitment@jubileekenya.com  quoting the Job Reference Number and Position by 11th June 2023. Only shortlisted candidates will be contacted.

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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: Sunday, June 11 2023
Duty Station: Nairobi
Posted: 06-06-2023
No of Jobs: 1
Start Publishing: 06-06-2023
Stop Publishing (Put date of 2030): 06-06-2066
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