Reinsurance Claims Administrator
21 hours ago
**Job Summary**:
Aon Re Africa Pty Ltd has an exciting opportunity for a Claims Administrator at our offices in Sandton The role of the Claims Administrator is to provide efficient and professional reinsurance claims administration and collect and services nationally as well as internationally for the reinsurance clients and to assist the technical accounts function as required.
This position complies with our Employment Equity policies
**Key Responsibilities**:
Capture claims on the in-house system and actively monitor the claims' diary, client claim register and claim files.
Notify Reinsurers of claims.
Calculate reinstatement premiums where applicable.
Liaise with Brokers regarding cash calls and/or similar matters raised by clients.
Recover claims from Reinsurers and settle clients’ claims timeously.
Monitor incoming receipts and payments from clients and Reinsurers.
Liaise with the finance team on debtors' age analysis and recon items in order to clear outstanding matters.
Adjust reinstatement premiums when actual premiums for covered period are received from clients.
Prepare and distribute claims statistics to clients on a monthly basis in an agreed format.
Identify and report potential problems in advance and proactively assist Brokers, clients and Reinsurers to resolve claims queries efficiently and professionally.
Participate in special projects and ad hoc additional work requirements.
Take ownership and accountability for cash call collections.
Responsible for engaging in business development and/or contributing directly or indirectly to all business development efforts in Aon South Africa.
**Minimum Requirements**:
**Qualifications**:
Grade 12 (matric).
An appropriate NQF level 4 FAIS /short-term insurance qualification.
Preferably a relevant bachelor’s degree in Finance, Law or Insurance and Risk management.
**Knowledge**:
Sound knowledge and understanding of reinsurance.
Knowledge of reinsurance claims.
Proficiency in basic accounting.
Well-developed numeracy.
**Skills and Attributes**:
Well-developed analytical technical and problem-solving skills.
Well-developed communication skills.
Well-developed influencing and negotiation skills.
Well-developed interpersonal skills.
Proven ability to work with and in teams.
Computer literacy with advanced experience in MS Word and Excel.
**Experience**:
Have a minimum of 3 years’ experience in a similar or related role.
Preferably have experience in reinsurance claims.
Have previously had a mandate to settle claims.
**FAIS Compliance**: Comply with the applicable Fit and Proper provisions as set out in the Board Notice 106 of 2008 issued by the Financial Services Conduct Authority governing Financial Advisory and Intermediary services Act, 2002 - Determination of Fit and Proper requirements for Financial Service Providers, 2008. Have knowledge and understanding of the applicable provisions set out in the General Code of Conduct for Authorized Financial Services Providers and Representatives (as governed by the Financial Services Board, Board Notice 80 of 2003). Have knowledge and understanding of the applicable provisions set out in the Short Term Insurance Act No 53 of 1998 and supporting regulations. Have an understanding of the provisions of the Financial Intelligence Centre Act (FICA), No 38 of 2001 and amendments thereof.
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