Motor Claims Processor

Paramount Life & General Insurance Corp.; Calamba; On-site; PHP 223,000 - 335,000; Full time

Job summary

Paramount Life & General Insurance Corp. in CALAMBA, LAGUNA is seeking a Rank & File Claims Processor to ensure efficient and accurate processing and settlements of insurance claims across lines in line with company policies, with timely loss evaluation for agents and clients.

The role involves receiving and registering claims, evaluating losses, issuing LOA, preparing payment requests, handling queries, inspecting risks, and generating periodic reports. Office hours are 8:00–5:00, Mon-Fri.

Qualifications

• Graduate of a 4-year business course.
• Experience in insurance is an advantage but not required.
• Motor vehicle claims experience is valued.

Responsibilities

• Receive and register reported claims and ensure the claim requirements are complete and accurate.
• Evaluate losses and claim expenses within the accepted loss evaluation.
• Issue LOA based on the approved amount on the evaluation prepared in favor to the designated repairer.
• Prepare payment requests in favor to claimants and repair establishments.
• Answer queries/follow-ups from clients, claimants, agents and motorshops.
• Inspect damaged risks for evaluation.
• Prepare periodic and weekly claims reports as maybe required.

Skills

Communication skills

Under pressure

Education

4-year business degree

Tools

Excel

Word

PowerPoint

MS Office

Job description

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.

• Level: Rank & File

• Office Location: CALAMBA, LAGUNA

• Work Hours: 8:00 to 5:00 Mon-Fri

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.

Qualifications

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.