Job description
Roles and Responsibilities:
Performance management
- Ensure that claims are processed in a timely and judicious manner; with clear, concise, and customer-friendly communications.
- Cognizant of data governance, data privacy and relevant regulations in ensuring continuous, timely and effective processing of claims transactions.
- Plans, schedules, supervises and controls work operations within the team to ensure that the claims volume can be adequately supported.
- Reviews and decides on cases referred by claim assessors within authority limit in accordance with proper claims practices.
- Closely monitor TATs and SLAs, identify process bottlenecks and recommend improvements accordingly.
- Act as the primary escalation and decision-making point for complex operational and customer issues. This includes resolution of customer complaints, offer viable courses of action and/or recommend handling of exceptional cases beyond own authority for management approval.
- Reviews, edits, approves and/or signs letters, memos and documents and other correspondence to the policy owner, agent or other concerned parties pertaining to processing of Claims transactions.
Leadership responsibilities
- Conduct regular conversations with team members to provide feedback on performance, discuss strengths and areas for improvement, and address concerns.
- Evaluates job performance of employees for probationary and/or regular appointments and for performance management purposes.
- Conduct learning sessions to upskill team members.
- Define and discuss performance goals for each team member.
- Drive action plans to improve team engagement.
- Assist the Head of Claims in developing and implementing action plans in accordance with set priorities.
- Build strong relationships with Distribution, Agency, Customer Service, Compliance, Finance, Technology, Operations, Marketing, and other business units.
- Assist and provide insights for cross functional and management reporting.
- Performs other responsibilities and duties periodically assigned by superior o meet operational and/or other requirements.
Risk management
- Participates in analysis and recommendations of cases referred to the Executive in charge for decision on requests for reconsideration and exception cases.
- Review claims processes to identify risk areas and recommend improvements
- Perform and oversee adherence to control standards as defined in the control framework (including but not limited to eGRC, FSCA, ICFR/non-ICFR controls, AML requirements, and operational risk management).
- Monitor suspense accounts, unresolved transactions, operational exceptions, and control deficiencies.
- Own and maintain policies, procedures, operating guidelines, and process documentation.
Projects and initiatives
- Develop and implement initiatives that improve team efficiency, productivity, customer experience, and operational performance.
- Oversee change management activities and support successful implementation and adoption of new processes, systems, and business solutions.
- Provides process owner expertise to various initiatives of the Company through attendance to requested meetings, email and phone consultations and the like.
- Participate in and support automation initiatives by providing inputs, defining requirements and testing enhancements.
Minimum Job Requirement
- College graduate of any course
- With at least five (5) years’ experience in managing the claims team and with a strong track record in achieving company targets
- Strong analytical skills with high attention to detail and accuracy
- Proficient in the use of MS Office applications and other business application systems for reporting and daily transaction handling
- With excellent written and oral communication skills in both English and Filipino.