Funeral Assessor II

2 weeks ago


Bellville, Western Cape, South Africa Capitec Bank Ltd Full time R250 000 - R500 000 per year

Apply by:  

We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

1. To see what life at Capitec is all about and complete a short assessment, please click here

2.  Once you have completed the above finalize your application by clicking apply below

Purpose Statement

To improve claims operational excellence, increase customer satisfaction, minimize losses for Capitec Insurance through accurate and holistic assessment of all types of insurance non-medical claims (life, funeral and death), in accordance with terms and conditions of the respective policy/ies, legislative frameworks and goals, objectives, processes and standards sets by Capitec. 

Location: Century City

Experience
  • Minimum of 3 years practical experience in funeral and/or life insurance claims assessment, preferably within the context of fully underwritten products
  • Experience in stakeholder management and client engagement
Qualifications (Minimum)
  • Grade 12 National Certificate / Vocational
Qualifications (Ideal or Preferred)
  • A relevant qualification in Healthcare or Science
Knowledge

Minimum:

  • Understanding of the long-term insurance industry and claims handling processes
  • Knowledge of Funeral and Life Insurance Products
  • Knowledge of relevant legal framework relating to funeral and life insurance claims

Ideal:

  • Knowledge or practical experience on assessment of Credit Life Insurance products, especially retrenchment and death claims. 
  • Occupational certiicate or course on long-term life Insurance Claims Assessor
What you will be required to do

As an Funeral Assessor II at Capitec Bank, your primary responsibilities will include:

  • Support funeral claims process set-up
  • Funeral claims assessment
    • Quality assurance – review and verify claims for accuracy and completeness. Approve decisions and payments within turnaround time. Maintain high quality  and meet productivity targets
    • Fraud risk assessment - flag and escalate suspicious claims per Capitec's fraud framework.
    • Assessment of misrepresentation/non-disclosure in life insurance
    • Identify trends and areas of concern and escalate accordingly
  • Resolve complex claims queries and complaints within service level agreements
  • Stakeholder engagement
Skills
  • Administration Skills
  • Attention to Detail
  • Decision making skills
  • Numerical Reasoning skills
  • Planning, organising and coordination skills
Conditions of Employment
  • Clear criminal and credit record

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.


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