Expires 1 week from now
Annuity Officer (Benefits & Claims)
Risks and Investigation
full-time
| Executive - Senior Executive
Lagos,
Lagos
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Job Summary
The role is responsible for the review, validation, and timely processing of benefits and claims applications in line with company policy and regulatory requirements.
Job Details
- Review premium appropriateness and process payment of matured policies.
- Ensure claim applications are processed and completed within 60 days from the time of notification.
- Follow up weekly on claims application with incomplete documents with evidence of follow up.
- Review and process benefit and claims application
Requirements
- HND/B.Sc. in Insurance, Business Administration, Finance, or any related discipline.
- CIIN will be an added advantage.
- Minimum of 2 years experience in a related role.
Benefits
Thrive Professionally and Personally at AIICO Insurance Plc.
At AIICO Insurance Plc., we believe in fostering an environment where individuals excel, both personally and professionally. We offer a comprehensive employee value proposition designed to empower you, support your well-being, and fuel your career aspirations.
We offer:
Stress-Free Work-Life: Hybrid work schedules, competitive leave, and reliable transportation.
Holistic Wellbeing: Health & and wellness programs, and subsidized gym memberships.
Grow with Us: Sponsorship for professional certifications, coaching, learning and development opportunities, and more.
At AIICO, we recognize that our employees are our greatest asset. We are committed to fostering a supportive culture where you feel valued, respected, and empowered to achieve your full potential.
Join us and embark on a rewarding career journey that makes a difference.
About Company
AIICO Insurance Plc
AIICO Insurance Established in 1963, AIICO Insurance Plc (NSE Ticker: “AIICO”) is a financial services group with market-leading positions in its key business lines; Insurance, Health Maintenance and Asset Management. Background AIICO commenced operations in Nigeria in 1963 as an Agency office of American Life Insurance Company (“ALICO”) – at the time, a subsidiary of American International Group (“AIG”). The Company was incorporated, registered and licensed in Nigeria as American Life Insurance Company Limited – as a wholly owned subsidiary of ALICO/AIG – in 1970 – to offer Life and insurance services. The Company was renamed American International Insurance Company Limited (“AIICO”) upon the acquisition of a 60% stake by the Federal Government of Nigeria, and later listed on the Nigerian Stock Exchange in 1990, after which both shareholders – the Federal Government of Nigeria and AIG divested. 1. Life and general insurance are strategic business divisions within AIICO. 2. AIICO Capital Limited – a subsidiary of AIICO providing asset management services for AIICO and 3rd parties. 3. AIICO Multishield Limited – a leading health maintenance organisation. Following the insurance industry's consolidation in 2007, the Company acquired NFI Insurance PLC and Lamda Insurance Company Limited (both cumulatively accounting for less than 30% of AIICO's pre-acquisition gross premiums). The Company subsequently re-certified as both a General Insurance and Life Assurance Company – taking advantage of its legacy, brand, franchise and strong retail distribution network to grow a leading General Insurance business.