SCOPE OF WORKThe position reports to the Financial Account and is tasked with among others, timely receipting of both ordinary life and pension premiums in order to achieve effective and reliable results in line with company policies and operating principles. The incumbent is also required to execute any other tasks as may be assigned from time to time.Key Responsibilities
Receipting premiums in IGAS, AIMS and ERP Systems.
Timely and accurate daily banking of receipted premiums.
Preparation of daily banking and receipting reports.
Liaise with relevant departments in identification and receipting of EFTs, RTGS, DDA, MPESA, standing orders and other relevant payment methods.
Maintenance and accounting of company petty cash.
Advising relevant departments on reversal of premiums for bounced cheques.
Ensure compliance with company procedures on receipting, banking and premium processing among other company procedures.
Suspense clearance of tills on daily basis.
Follow up with the sales team and IT on the uncreated new policies in ERP.
Perform any other assigned duties/responsibilities.
Key Relationships & Interfaces
Customer Service Department.
Agency/Branch Offices.
Underwriting department
Ordinary Life Sales (Check-off).
Direct customers
PERFORMANCE STANDARDS
Accuracy in premiums posting and suspense reporting
Accuracy and reliability in premium receipting
Flexible and able to work under pressure
Excellent client services.
SELECTION CRITERIA
Bachelors degree in a business related field
Minimum CPA Part 1
Good analytical skills and decision making with keen attention to detail
Good interpersonal skills.
Effective communicator.
Creative, innovative and result-oriented.
Sound understanding of all the major modes of premium payment( Direct Debits,check-offs,efts etc) life insurance products and customers’ needs among others
Good computer skills with working knowledge of iGas and ERP
