Claims Processor

3 days ago

Quezon City, National Capital Region, Philippines Paramount Life & General Insurance Corp. Full time $104,000 - $130,878 per year

A) Position Objective:

The position is responsible for ensuring efficiency, accuracy of claims processing and settlements as part of servicing to our agents and clients insurance claims of all lines in accordance with company policies and guidelines within the accepted loss evaluation in a timely manner.

B) Roles and Responsibilities:

  1. Receive and register reported claims and ensure that the claim requirements are complete and accurate.

  2. Evaluate losses and claim expenses within the accepted loss evaluation.

  3. Issue LOA based on the approved amount on the evaluation prepared in favor to the designated repairer.

  4. Prepare payment requests in favor to claimants and repair establishments

  5. Answer queries/follow-ups from clients, claimants, agents and motorshops.

  6. Inspect damaged risks for evaluation

  7. Prepare periodic and weekly claims reports as maybe required.

C) Minimum Job Requirements:

Education: Graduate of any 4 year business course

Work-Related Experience:

  • Experience in insurance is an advantage but not a requirement
  • Motor vehicle claims experience is particularly valued

Specific Business Knowledge:

  • Computer literate and is well-versed in operating MS applications (Excel, Word, Powerpoint)
  • Intermediate level proficiency in MS Excel including formulas is required
  • Has the ability to work under pressure.
  • Must have good communication skills.

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