Finance Claims Administration Assistant

Juanie Nel; Stellenbosch; On-site; ZAR 180,000 - 240,000; Full time

Job summary

University of Fort Hare seeks a Finance Claims Administrative Assistant to support the processing and payment of insurance claims within the finance team. The role involves verifying claim details, coordinating with insurers, and ensuring timely postings to client accounts.

The successful candidate will handle receivable and payable claims, monitor bank transfers, and assist with supplier payments to keep client portfolios within contractual limits.

Responsibilities

• Clients capture claims on the data base, and the administrator receives a notification to take further action.
• Details must be checked and compared with the insurer's documentation for the insurance claim and then submitted for payment.
• Daily, all receivable claims are processed and prepared by the administrator for their assigned client portfolio and submitted for payment to the finance department.
• Once daily payments are settled, the administrator should check the clients' accounts and send them out.
• Daily, the client portfolio's bank accounts must be monitored and transferred to the main business account, and then the deposits allocated to the claims
• When insurance claims are paid by the insurers, the allocations must be checked and followed up when claims have not yet been paid and settled by the due dates.

Education

Matric certificate

Post-matric qualification or courses

Job description

My client, an established concern within the finance industry that provides a financing product to the automotive and insurance industry is seeking to employ a Finance Claims Administrative Assistant.
The ideal candidate will have a Matric certificate and any post-matric qualification or courses will count in your favor.

• Clients capture claims on the data base, and the administrator receives a notification to take further action.
• Details must be checked and compared with the insurer's documentation for the insurance claim and then submitted for payment
• Daily, all receivable claims are processed and prepared by the administrator for their assigned client portfolio and submitted for payment to the finance department.
• Once daily payments are settled, the administrator should check the clients' accounts and send them out.
• Daily, the client portfolio's bank accounts must be monitored and transferred to the main business account, and then the deposits allocated to the claims
• When insurance claims are paid by the insurers, the allocations must be checked and followed up when claims have not yet been paid and settled by the due dates. Daily payable claims are provided to the admin person to then follow up.
• Clients can also upload quotes for parts on the database for payment, and the administrator gets a notification to take further action.
• Details and specific requirements must be checked, and then the administrator issues an authorization to the parts supplier so that parts can be delivered to the panel beater.
• Daily, all party authorizations are prepared and submitted for payments made by the finance department.
• When partial payments are settled, the administrator must send the suppliers their payment proofs
• Any inquiries about the part suppliers of your client portfolio must be checked, followed up on, and handled as far as possible, otherwise senior staff will be hands-on/supportive in scenarios.
• Daily and monthly monitoring and management of the administrator's client portfolio is required so that clients operate within their contractual limits.