The Chanrai Family put down roots in Nigeria in 1890 with trading at the centre of all commercial activity. Today, Fareast Mercantile Co. Limited our flagship company in West Africa has dedicated its resources to supply chain management through the import and distribution of products covering branded food, fmcg, appliances and tires for the best multi-nationals in the world. A product portfolio spanning 1500 SKUs is managed with a capable professional team, robust infrastructure and strong delivery systems to ensure availability of products covering 93% of the throughput of the country. Other subsidiaries in the group focus on pharmaceutical distribution with a dedicated resource for institutional business in the area of health. Diversification into assembly of air conditioners in June 2003 was the first step towards backward integration with a view to import substitution, self reliance and creation of employment…bearing in mind the Government’s plan to put Nigeria on the road to industrialization.
Job Title: Insurance Claim Executive
Age – 25 – 35 Yrs
Experience: 3-5 yrs from an Insurance Company
Qualification: HND, Bachelors
1) Job Purpose
Preparation of all the documents relating to importation of our various good, monitoring, tracking, and processing all insurance related matter for Fareast Group
2) Dimensions ( Business Specific ) – What are the areas (in quantities terms) the job has an impact on?
HeadsDimensions (Quantity / Volume / No’s etc )
Job ImpactHead – Treasury & banking
Sr Manager – (SCM)
CFO
Insurance Related MatterPreparation & renewal of all insurance policies
Preparation of various claims (monthly)
followup with the Insurance Companies
Settling the claim and keeping track
Supply Chain Preparation of Form Ms
Preparation of Insurance Certificate
3) Job Context & Major Challenge (What are the specific aspects of the job that provide a challenge to the jobholder in the context of the job?)
Meeting the timelines
Ensuring the accuracy of the data
Collation of data, extracting reports
Meeting the Compliances as per Company Policies
4) Principal Accountabilities
Accountability ( What to be done )Supporting Action (How it is done )
Insurance relatedEnsuring the policies are renewed on time
Ensuring the accuracy & timeliness of the claims being lodged
Maintenance of the records & registers pertaining to the claims lodged
Following with the Insurance Co for settlement of claims
regular followups with various insurance surveyors to ensure accurate surveys are carried out
Supply Chain Ensuring the Form M and Insuarnce Documents are typed accurately
Ensuring the accuracy & timeliness of the work completion
5) Competencies & Skills
Competency ClassificationCompetencies
Technical or Functional CompetenciesIT & Computer Skills
Advanced Accounting Skills
Analytical Skills
Managerial CompetenciesPlanning & Organizing Skills
Decision Making
Human CompetenciesCommunication, Team work, Interpersonal Skills
Achievement Orientation
Conceptual CompetenciesCreative Thinking – Thinking out of box
Tolerance
6) Job Purpose of Direct Reports
Not Applicable as this position is of an Indvidual Contributor
7) Organization Relationships (If Applicable)
Internal & ExternalNature
System UsersAs & when required
HR DepartmentFor all employee related reimbursements & payroll
Treasury For all Insurance related matters
SCMFor all import related documentation
8) Organizational Structure for the position
How to Apply
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