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Business Processing & Compliance Assistant at Britam

posted 3 hours ago
Job Overview
Employment FullTime
Location Nairobi Kenya
Experience At least 2 years
Education Level Bachelor's Degree
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Opportunities Meet Aspirations

Job Purpose

Co-ordinate activities and support services within the Business Processing and compliance operations maintaining prompt, efficient and effective operational support.

Key responsibilities:

  • Process all policies new and renewal as per SLA and within the set guidelines.
  • Preparation of data upload files- Benefit set up and Member upload files and ensure set up of correct benefits for each corporate schemes and Retail policies.
  • Process all claims from service providers, sort out invoices with reconciliations issues shared by finance (stuck invoices within the process, resubmissions).
  • Process all reimbursements as per SLA.
  • Process all endorsements as per SLA.
  • System testing, validation and continuous innovation on processes and training of colleagues as required from time to time.
  • Performing Quality assurance on captured claims ensuring reduced reconciliation challenges and that business does not suffer any loss from fraudulent claims.
  • Ensure customer data quality and compliance is maintained across all operations as required.
  • Schemes reconciliation and maintenance of client data – Data reconciliation for Renewals and New Business policies.
  • Master policy creation and conversation for new retail policies.
  • Processing of retail policies and advising finance on receipt and allocation of premiums for retail policies booked.
  • Preparation and request of medical cards within set TAT and maintaining clear records on requested and issued cards to clients.
  • Maintain regular internal (to staff) and external (to customers) communication on Customer Service matters implementing customer experience strategy for the company.
  • Perform any other duties as may be assigned from time to time.

Key Performance Measures:

As described in your Personal Score Card.

Knowledge, experience and qualifications required

  • Bachelor’s degree in a business-related field.
  • At least 3-4 years’ experience in a similar position.
  • Progress in Professional qualification in Insurance (ACII, FLMI or IIK).
  • Computer Literate; emphasis on Microsoft Office and EDMS.

Technical/ Functional competencies:

  • Knowledge of insurance regulatory requirements.
  • Knowledge of insurance products.
  • Good communication and customer service skills.
  • Should possess functional knowledge, be result oriented and have problem solving skills. 
  • Consistency in adherence to the application of established policies, processes, procedures and tools in achieving compliance requirements, optimal efficiency, and resource utilization.
  • Interpersonal skills to effectively communicate with and manage expectations (internal) and other stakeholders who impact performance.
  • Self-empowerment to enable development of open communication, teamwork and trust that are needed to support performance and customer-service oriented culture.
  • Ability to take initiative/responsibility to ensure that daily duties, routines and related additional tasks are completed timely.

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