Our client, a non-banking financial institution is looking to recruit a Claims Executive who will among other things be responsible for analysing information to identify areas of risks within the claims group proportionate to the risks inherent in business activities.
Job Description• Reviewing the register of claims and ensure all notified claims are duly registered.
• Ensuring that surveys are conducted for claims above agreed threshold
• Ensuring that no ex-gratia settlement offer is made without the approval of the CEO
• Ensuring that reinsurers are promptly notified of claims above the company’s retention.
• Ensuring claims management and internal control processes are consistently applied across the claims unit.
• Analysing information to identify areas of risks within the claims group proportionate to the risks inherent in business activities.
• Ensuring operational/business risks have been considered and risk management options are communicated to the Head of Risk.
• Ensuring that regulatory issues found through the claims monitoring process are properly escalated to the relevant business areas and followed up on.
QualificationsEducation
Bachelor’s Degree in any social science field
Professional Certification in Insurance
Experience
A minimum of 3 years’ work experience in Claims and Underwriting
Skills
• Excellent Communication skills
• Advanced Financial Analysis
• Advanced Analytical Skills
• Advanced IT skills
• Expert Business Writing
• Advanced Negotiation Skills
• Expert Presentation skills
• Expert Relationship Management
• Communication in spoken and written english
The role is open to candidates residing in Abuja or are willing to relocate.
Top Skills
What We Do
Fosad Consulting is an independent cross-industry HR and Engineering consulting firm. We partner with international and local companies seeking to accelerate the growth of their businesses by providing solutions that drive their businesses to succeed. Our solutions cater to multiple industries, including the oil and gas, financial services, telecommunications, transport, hospitality, healthcare and retail; and our projects are supported by professionals who have proven that they have what it takes to deliver against the odds to delight our clients. For over 20 years we have provided hands-on solutions to a number of global brands, hence we understand how they work, their expectations, as well as the need to constantly provide services that are top-notch and meet the required global standards. We are a leading provider of specialist Outsourcing solutions that extend to HR Services, Engineering, Expatriate Management protocols, Procurement, Learning & development interventions, Oil & Gas, and a host of services to some of the world’s most interesting brands. We are proud members of the Nigerian American Chamber of Commerce – a foremost organisation that seeks to bridge the gap between Nigerian businesses and their counterparts in the United States. We are also registered members of the Networking with the United States of America (NUSA) program; under the auspices of the US Commercial Service initiative in Nigeria. Part of our commitment to customer service means giving our clients honest, straightforward and, sometimes, even difficult advice. At Fosad we know you can’t afford to get it wrong and that’s why we do everything to make sure you get it right.








