Talent Pool:Legal Recoveries Consultant

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organizations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilizing new platforms Momentum Group provides practical financial solutions for people, communities and businesses. Visit us at www.momentummetropolitan.co.za

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

Ensure that recoverable amounts from third parties are pursued efficiently, legally, and ethically, contributing to loss ratio improvement and overall profitability.

Requirements

• Matric or equivalent
• FAIS accreditation or FAIS recognized qualification will be advantageous
• 2-5 years’ experience in Short Term Insurance
• 3-5 years’ experience in Legal Recoveries

Duties & Responsibilities

• Initiate and manage recovery actions against liable third parties post-claim
• Assesses allocated files for recovery possibilities and extensive liaison and negotiation with individuals, insurance companies and attorneys
• Handling admin related task generated from these actions and maintain an accurate record of recovery actions and financial outcomes. (reports, scanning, photographs, etc).
• Handling and resolving all queries and problems from clients and third parties
• Conduct all the above to the required performance and quality standards that are in place
• Payment of claims and invoices from service providers within specific turnaround times

Competencies

• Administration and organisational skills
• Good communication skills (verbal and written)
• Problem solving/initiative
• Negotiation skills
• Customer service oriented
• Deadline and results oriented
• Attention to detail