Summary
Date Posted: Thursday, May 14, 2020 , Base Salary: Not Disclosed

JOB DETAILS:
Britam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the Eastern and Southern Africa region, with operations in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and Malawi. The group offers a wide range of financial products and services in Insurance, Asset management, Banking and Property. Our Mission is to provide outstanding financial services to our customers. Our Vision is to be the most trusted financial service partner. We aim to provide our clients, with an unmatched offering, ensuring first class solutions that help secure the future.
Job Purpose:
The job holder will be responsible for ensure effective administration of Group Life, Credit Life business and combined business product. .

Key responsibilities
• Prompt processing of supplementary costing
• Prompt communication of medical underwriting requirements for members above the free cover limit
• Prompt communication of costing (new entrants, revised salaries & exits)
• Ensure accuracy in costing and debit/credit notes
• Prompt processing of commission for intermediaries
• Ensure efficiency in data management
• Booking of banc assurance premium for Credit Life and advising General Business on general insurance premium
• Processing of premium refunds for credit life and advising General Insurance on the refund premium
• Communication of booked premium to Finance Department and Underwriting Department by forwarding Debits/ Credits
• Carrying out reconciliation as per the reconciliation policy
• Administration of combined solution i.e. Group Life & GPA/WIBA policies
• Ensure required information is provided to Life Claims Department to enable settlement of Group and Credit Life claims
• Prompt handling of queries from intermediaries and direct clients
• Support retention of business by ensuring adherence to SLAs
• Ensure member details are accurately captured at all times
• Prepare reports as and when required
• Perform any other duties as may be assigned from time to time
• Delegated Authority: As per the approved Delegated Authority Matrix

Technical/ Functional competencies
• Knowledge of group life service operations
• Knowledge of insurance industry and concepts
• Planning and organization skills
• Knowledge of Group life service operations

Knowledge, experience and qualifications required
• Bachelor’s degree in a business related field ;
• Professional studies in insurance – AIIK or ACII or LOMA
• 1-4 years’ experience in a similar position.

Job Education Requirements: Not Specified

Job Education Experience: Not Specified

Work Hours: 8

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