Recoveries Officer- Contract
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Industry Insurance Founded 2003 Type Public Website http://www.apainsurance.org/ Address Apollo Centre, Westlands Nairobi
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KEY PRIMARY RESPONSIBILITIES
- Keeping recovery records which include:
- Recovery register
- Discharge vouchers register
- Incoming cheques register both from advocates and in-house settlements
- Monitoring the Recovery register; this includes but is not limited to updating the same and ensuring that all matters appearing are recoverable, and not time-barred.
- Responding to demand letters to third parties and insurance firms.
- Drafting legal opinions on settlement proposals on matters in court, swapping, and pursuing the knock-for-knock settlements.
- Following up with witnesses to attend court when required.
- Sending reminders and follow-ups.
- Replying to third-party demands.
- Conducting negotiations, including organizing meetings with various parties.
- Appointing investigators.
- Appointing advocates.
- Following up on court documents.
- Attending court where necessary.
- Processing payments to insureds and advocates.
- Reviewing and closing files where cases have been concluded.
ACADEMIC QUALIFICATIONS
- A Bachelor’s Degree/diploma in Law or equivalent.
JOB SKILLS AND REQUIREMENTS
- Diploma In Legal Practice as an added advantage
PROFESSIONAL QUALIFICATIONS
- Diploma In Legal Practice as an added advantage
EXPERIENCE
- At least 3 years of relevant experience in the insurance industry with 2 years in recoveries.