United Overseas Insurance (UOI) is a member of the UOB Group.
Established in 1971, UOI is the only locally listed General Insurance company in Singapore.
The Company’s principal activities are the underwriting of general insurance business and reinsurance. General insurance covers a broad spectrum of insurance classes, e.g. fire, marine, motor, engineering, general accident and liability business.
UOI is a reliable and stable mid-tier insurer, focusing on achieving quality underwriting results. We are customer-centric and take on measured risks to underwrite on portfolio basis. We focus on customer-retention leveraging on the bank and UOI’s products and benefits. We are prudent in our approach; hence, we are known for achieving high underwriting margins. Our profitablilty over the years reflects our financial strength.
As a growth-oriented company, we continue to innovate and expand in Singapore and in the region.
We have vacancies for suitably qualified individuals to join UOI in the Claims Division.
Responsibilities
- Conduct investigation, negotiation and settlement of claims and recoveries, ensuring that these are carried out equitably and expeditiously
- Maintain proper records to enable the identification of claim trends and inform underwriters immediately of any adverse trends or issues
- Conduct recovery action against Reinsurers and Third Parties
- Monitor the provisions for outstanding claims
- Assist in the general training of staff
- Review outgoing mail of assigned classes of claims to ensure accuracy
- Assist in the supervision of work in the Division to ensure that work is processed correctly and expeditiously
- Assist in checking of data entry in relation to GST with respect to claim payment
- Yearly review of claim files
Requirements
- Diploma in any discipline
- BCP, PGI & HI Certified
- At least 3 years of relevant claims experience
- Meticulous and organized
- Team player
- Good interpersonal and communication skills
