Recoveries and Liabilities Assistant
5 months ago
Role Purpose
To provide administrative support during the recoveries and liabilities claims process, and support of the business strategy for excellent service and growth.
Financial:
- Ensure and contribute to minimisation of general expenses
Business Processes
- Provide administrative assistance to the recoveries division wrt the following processes (but not limited to):
- Recoveries and liabilities claims administration and support
- Receive instruction to commence with recovery process and review the claims history to ensure all relevant information has been received
- Trace parties and make contact to provide information regarding the recovery process and obtain information
- Compile and dispatch the relevant documents (letter of demand, pre litigation notice, request for settlement etc.)
- Ensure accurate records are kept on recoveries progress and saved on the system
- Prepare and send invoices for services rendered
- Keep track of payments received and allocate payment
- Keep the client and internal servicing team up to date regarding the progress of the recovery
- Provide information and administrative support to internal and external legal team to support further legal processes
- Keep diary of weekly follow-ups with third parties and third party insurers
- Ensure the matter is settled or escalate within the required legal framework
- Provide legal administrative support from the start to end of the liabilities claims process
- Ensure productivity targets are met
- Contribute towards and ensure continuous improvement in own and team performance
- Adhere to company mandates
- Participate and contribute in ad hoc projects
- Report any suspected fraud, misrepresentation and/or dishonesty
- Keep accurate record of own activities
Learning and Growth
- Live the RBS Way
- Ensure continuous self and professional development
- Share information and knowledge with the team
Requirements - Minimum Qualifications and Skills
- Matric or equivalent
- LLB Degree
- Excellent communication
Minimum Experience
- Some practical experience in recoveries and liabilities administration within insurance will be advantageous, but not required as this is an entry-level position
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