Recovery Officer – Non-Life Claims at AIICO Insurance

An exciting opportunity has arisen for a motivated professional. Job Description - To efficiently pursue and finalise recoveries from liable third parties or insurers due to the company through subrogation and other recovery avenues. - Conduct thorough review of claims files, liability assessments, and documentation to establish potential recovery. - Manage subrogation and other claims related recoveries in line with policy terms and applicable laws. - Liaise with legal teams, external lawyers, or third parties to negotiate settlements and pursue legal recoveries when required. - Work closely with claims handlers, underwriters, reinsurers, brokers, and external recovery agents to ensure seamless recovery processes. - Maintain accurate recovery records in claims systems and generate regular performance reports. - Negotiate settlements effectively with third parties or their representatives to achieve fair recovery outcomes. - Prepare demand letters and other correspondence for recovery pursuit. - Ensure all recovery cases are pursued timely to prevent prescription or statute-barred cases. - Recommend claims for recovery write-off where recovery is not viable, with justifiable documentation. - Maintain accurate and up-to-date recovery registers and databases. Check how your CV aligns with this job