Key responsibilities include:
• Perform administrative duties such as claim registration, preparation of correspondences and payment; and
• Other roles such as:
o Assess policy liability, compute and determine the claim amount payable based on policy cover and management guidelines for claims of individual personal life insurance and managed healthcare system etc.
o Recommend payment or rejection of claims and approve those within authority limit, ensuring timely and fair settlement of claims
o Ensure that claims are settled within the target time set and pending claims are reviewed within the target period
o Ensure that claims are processed in accordance to the service level agreements set within the organization and with external bodies such as CPF Board, vendor for panel clinics
• Work closely and maintain good rapport with representatives (financial consultants, advisers, brokers, etc.), officers and staff of other departments
• Communicate effectively with claimants and related parties, reinsurers and external stakeholders such as the CPF Board, and hospitals, clinics, nursing homes, vendor for panel clinics in the course of claims administration
• Handle claim enquiries, service recovery, complaints, appeals and customer care matters
• Review and suggest process improvements for developing or implementing best practices
• Participate in operation efficiency and A.I. driven projects to bring efficiency to claims processes
• Undertake any projects or duties as assigned by Section Lead or Head of Function
Qualifications
• Diploma holder with 1-2 years of experience in basic life claims
• Good policy language skills enabling accurate and consistent policy wording interpretation
• Good critical thinking skills and ability to handle computations
• Good written and communication skills, committed team player
• Meticulous with good analytical, organisational skills
• Able to multi-task and work independently
• Ability to work under pressure and manage deadlines
• Customer centric
Income Insurance Limited is Singapore’s leading composite insurer, offering products and services that serve the protection, savings, and investment needs of different life stages and for all segments of society.
Income’s innovative, data-driven and omni-channel approach puts us at the forefront of customer-centric solutions that meet rapidly evolving needs and empower better financial well-being.
Income was established in 1970 and remains the only insurance co-operative in Singapore. We are committed to create a positive social impact through our products, services and people.
Today, we serve more than 2 million policyholders. Our financial strength and diversified investment portfolio are reflected by our strong credit ratings which underpin the delivery of our commitment to customers.
Skills Required
- Diploma qualification
- 1–2 years of experience in basic life claims
- Ability to accurately interpret policy wording
- Critical thinking and computation skills
- Good written and verbal communication skills
- Teamwork and collaboration skills
- Meticulous, analytical, and organized approach
- Ability to multitask and work independently
- Ability to work under pressure and manage deadlines
- Customer-centric approach
What We Do
Income Insurance Limited (Income Insurance) is one of the leading composite insurers in Singapore, offering life, health and general insurance. Established in Singapore to plug a social need for insurance in 1970, Income Insurance continues to put people first by serving the protection, savings and investment needs of individuals, families and businesses today. Its lifestyle-centric and data-driven approach to insurance and financial planning puts the company at the forefront of innovative solutions that empowers the people it serves with better financial well-being. Additionally, Income Insurance is committed to being a responsible business that champions the environment and builds stronger communities by supporting financial inclusion, education for youth-in-need and seniors’ well-being. For more information, please visit www.income.com.sg









