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Excellent Fortune Insurance Co.,Ltd

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MISSION To empower the people of Myanmar with the opportunity to live a better life by protecting families and businesses with the best insurance solutions. VISION To be the leading insurance provider in Myanmar, creating a better and brighter future for all our customers.
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About Excellent Fortune Insurance Co.,Ltd

Employer Details

  • Type: Direct Employer
  • Industry: Banking/ Insurance/ Microfinance
  • No. Employees: 101 to 200

Address

No(106), University Avenue Road, ward (9), Kamayut Tsp, Yangon, Myanmar, 11041,Yangon, Myanmar

Company vision and mission

MISSION

To empower the people of Myanmar with the opportunity to live a better life by protecting families and businesses with the best insurance solutions.

VISION

To be the leading insurance provider in Myanmar, creating a better and brighter future for all our customers.

What we do

We are a financially sound and strong insurance company backed by Excellent Fortune Development Group, a top multi-sector conglomerate in Myanmar.

Our range of products provides protection to both individual consumers and commercial clients.

We are committed to create a positive social impact through our products and services that serve the protection, savings and investment needs of different life stages and for all segments of society.

Why you should join us

We are always either solving problems or seeking new ideas!

At EFI, we aim to help and support you in maximizing your full potential. With the industry’s broadest multi-channel distribution network and unique channel transfer opportunities, you’ll have the flexibility to find the career track that maximizes your strengths, so that you can realize your career aspirations.

Our workplace and culture

Life at EFI

Here at EFI, we are a challenger brand, propelled by people who dare to be different and are passionate about what we do. A career with EFI allows you to inspire new ideas and make decisions that will shape a better future for everyone. As a new company, more often than not, our employees do not have ‘manuals’ on how to get the job done. Instead, we are given the creative space and freedom to think and decide how the job can be done best.

If you haven't found a suitable job, submit a General Application and recruiters at this company will keep your CV for future review!

All Excellent Fortune Insurance Co.,Ltd Jobs
Providing advice on making a claim by policy holders Guiding policy holders on how to proceed with their claim. Analyzing claims Investigating potentially fraudulent claims Liaising with trade people to arrange repairs Ensuring a fair settlement of a claim. Liaising with a range of legal and claims professionals from loss adjusters to solicitors Monitoring the progress of a claim Handling any complaints
- Responsible for implementing best practices based on company goals. - Determine and delegate claims settlement authority to claims representatives. - Responsible for preparing executive reporting and analysis that is consistent with defined standards and processes. - Manage all aspects of the day-to-day operations of claims production. - Interact extensively with various parties involved in the claim process. - Remain current on tort reform and aware of impact on claims management strategies. - Conduct annual plan and budget preparation under guidance provided by leadership. - Provide staff with standards of performance and inform them of job expectations. - Oversee monitoring and tracking of individual and unit's performance.
To serve customers by appropriate greeting, welcoming, directing and providing required information. Answering, screening and forwarding any incoming phone calls while providing basic information when needed. Complying with procedures, rules, and regulations on keeping a safe and clean reception area Providing necessary support to the administration as deemed appropriately. To maintain professionalism while doing job
Work closely with Agency's supervisor and to provide prompt and effective support to the agency sales channel Assist in creation of sales opportunities, monitoring the sales activities and be the intermediary to all agency support functions. Assist to build an effective and productive Agency distribution channel Monitor agency sales through appropriate sales analyses and reports work closely with the recruitment team to support recruitment efforts within cluster Assist in agency manpower growth and agent recruitment
Investigate each claim and evaluate coverage, liability and damages. Examine and monitor claim status for potential exposure opportunities. Review coverage matters, analyses, and determinations. Responsible for maintaining claim files with a level of complexity that warrants enhanced skill or expertise. Ensure that claims are analyzed for coverage, documentation and are adjusted and paid properly within company guidelines. Evaluate coverage and liability. Ensure timely communication and feedback to underwriters as appropriate. Report claims to the carriers, gather information from internal customers, provide documentation for the claim, present estimates, respond to legal proceedings, etc. Prepare risk management and insurance budgets Create and communicate business continuity plans to limit risks Maintain records of insurance policies and claims Coordinate insurance submissions/applications/agreements for programs and work closely with insurance brokers
Assist Insurance Manager for each claim and evaluate coverage, liability and damages. Examine and monitor claim status for potential exposure opportunities. Ensure that claims are analyzed for coverage, documentation and are adjusted and paid properly within company guidelines. Evaluate coverage and liability. Report claims to the carriers, gather information from internal customers, provide documentation for the claim, present estimates, respond to legal proceedings, etc. Maintain records of insurance policies and claims
- Assisting the development manager with all aspects of software design and coding. - Attending and contributing to company development meetings - Learning the codebase and improving your coding skills. - Writing and maintaining code. - Working on minor bug fixes - Monitoring the technical performance of internal systems - Responding to requests from the development team. - Gathering information from consumers about program functionality. - Writing reports - Conducting development tests. - Interested in insurance.
Making Data Entry by software Maintain meticulous records of incoming and outgoing messages within the administrative section. Organize and maintain Proposals, Checklists, and other documents, along with copies of policies for each product. Identify and request necessary stationery for the department. Need to support in vehicle claim processes requirement To communicate with the customers who are under vehicle insurance Check the information related to the vehicle to be insured Make sure to get customers' signature on the documents required by the Motor Department Preparing and collecting the reports required by department and submitting to the direct Supervisor
Develop and implement strategic plans for the agency distribution channel to achieve business objectives, including sales growth, market expansion, and profitability. Recruit, train, and mentor a high-performing team of insurance agents. Provide ongoing coaching and support to help agents achieve their sales targets. Monitor and evaluate the performance of agency distribution teams and individual agents. Implement performance improvement plans as needed. Build and maintain strong relationships with agency partners and stakeholders. Set and monitor sales targets for the agency distribution channel. Develop incentive programs and sales campaigns to motivate agents and achieve targets. Ensure that agents have a deep understanding of the insurance products and services offered by the company. Provide training and resources to keep agents updated on product changes and market trends. Conduct market research and analysis to identify growth opportunities and competitive trends. Use data to make informed decisions regarding agency distribution strategies. Develop and manage the budget for the agency distribution department, including expenses related to recruitment, training, and marketing initiatives.
Excellent Fortune Insurance Co.,Ltd Awards