Position RequirementsKEY ROLES
Daily review of receipts and payments postings to debtors ledger –ensure they balance with the cash book
Daily identification of un –allocated cash ( receipts)and payments in the debtors ledger – using daily PMU downloads
Review of monthly ledger and statements –prepare exceptional report and identify write offs, and over due premiums
Meet weekly collection targets and refer problems accounts to profit centers managers
Refer defaulting accounts to lawyers to institute legal action or to debt collectors after approval by the credit committee Ensure that monthly WH/tax and annual returns are prepared make broker visits and other companies clients and re-insurers
Convene the war room and follow up action plans, distribute and explain data to the PCM
Recommend to the credit committee which producers should have their credit facility withdrawn
Liaise daily with underwriters on queries raised by producers
Monthly review of Bad debts and provisions
Ensure that debtors ledger is is properly aged and is in agreement with G/L
Convening and chairing reconciliation and confirmations meetings with producers based on correct statements and facilitate settlements
Co-ordinate debtors accounts opening and carry out checklist prior to accounts opening
Check and review agents commission monthly , ensure that the paid commission are allocated-ensure that only licensed agents are paid their commissions-
EXPERIENCE
Minimum 2 years credit control experience, preferably in an insurance environment.
Experience in Financial reconciliations as well as working with Share Service Centre partner in a Multinational environment.
The candidate must have intermediate to Advance Excel skills, be a team player, be able to work in a high pressurized environment, be able to communicate effectively with internal and external stakeholders, and needs to be able to work independently.
AIG COMPETENCIES AND VALUES
Customer-focused:
Innovative:
Decisive:
Communicative.
Trusted:
Team-oriented:
Results-oriented:
AIG CORE VALUES.The job holder will be expected to demonstrate a high degree of the following AIG values;
Integrity – Be part of an honorable and committed work ethic.
Entrepreneurial – Find opportunities and put them into action.
Disciplined Risk Taking – Move quickly and carefully.
Innovation – Be creative and generate new ideas.
Knowledge-Continuously educate and train.
Responsive Leadership – Encourage accountability, teamwork, effective communication, and results.
Service-Deliver quality and respond skillfully to our customers.
Recognition and respect for the individual.
