About Us

We are a leading Insurance Company, affiliated to Liberty Group, a wealth management company represented in 17 African countries. We use our knowledge and actions to guide our customers on their journey to financial freedom. We believe in responding to the changing consumer and market needs through innovative solutions and technologically efficient processes.

Job Summary

The role holder will be responsible for consolidation of the health business financial reports and providing management reports and analysis regularly as required.

Reports To: Manager, Finance (Health Business)

Location: Nairobi

Key Responsibilities

• Maintenance of health business books of accounts in liaison with the Manager, Health Business.
• Maintain the general ledger for Health Business.
• Generate and review monthly trial balance.
• Production of balance sheet reconciliations.
• Assist in the coordination of internal audit.
• Responsible for accounts reconciliation.
• Responsible for medical service provider reconciliations.
• Create, maintain and grow relationships with medical service providers to ensure smooth flow of billing from the service provider.
• Monitor claims trends and highlight anomalies, fraud etc.
• Ensure compliance to tax laws regarding medical transactions is adhered to.
• Confirm reinsurance bordereaux with Liberty Health on a monthly basis.
• Implement financial controls as required and monitor risks to financial controls.
• Analyse business operations, trends, costs, revenues, financial commitments and obligations to project revenues and expenses to inform decision making.
• Participate in the preparation and analysis of annual budget to ensure accuracy and reliability.
• Develop and constantly review systems for cost sensitivity analysis and early warning of cost overruns.
• Perform cash flow forecasting, budgeting, analyse medical claims trends, variance and cost analysis on hospital treatment costs to inform decision making by the management.
• Embrace governance requirements with respect to KYC/AML/Data protection requirements per governing Acts.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics or Related Discipline.
• Fully qualified accountant with Certified Public Accountant (CPA)/ Association of Chartered Certified Accountants (ACCA)/ Chartered Accountant (CA).

Experience

• 6 – 8 years’ experience in finance.
• Understanding of health insurance operations.

Competencies

• Delivering results and meeting customer expectations.
• Following instructions and procedures.
• Coping with pressures and setbacks.
• Relating and networking.
• Analyzing.
• Working with people.
• Applying expertise and technology.
• Learning and researching.
• Presenting and communicating information.
• Adhering to principles and values.
• Achieving personal work goals and objectives.
• Customer, market and competitor understanding.
• Knowledge of insurance regulatory requirements.
• Effective negotiation skills.
• Report writing skills.
• Effective business management skills.

Benefits

• Medical insurance

• Maintenance of health business books of accounts in liaison with the Manager, Health Business.
• Maintain the general ledger for Health Business.
• Generate and review monthly trial balance.
• Production of balance sheet reconciliations.
• Assist in the coordination of internal audit.
• Responsible for accounts reconciliation.
• Responsible for medical service provider reconciliations.
• Create, maintain and grow relationships with medical service providers to ensure smooth flow of billing from the service provider.
• Monitor claims trends and highlight anomalies, fraud etc.
• Ensure compliance to tax laws regarding medical transactions is adhered to.
• Confirm reinsurance bordereaux with Liberty Health on a monthly basis.
• Implement financial controls as required and monitor risks to financial controls.
• Analyse business operations, trends, costs, revenues, financial commitments and obligations to project revenues and expenses to inform decision making.
• Participate in the preparation and analysis of annual budget to ensure accuracy and reliability.
• Develop and constantly review systems for cost sensitivity analysis and early warning of cost overruns.
• Perform cash flow forecasting, budgeting, analyse medical claims trends, variance and cost analysis on hospital treatment costs to inform decision making by the management.
• Embrace governance requirements with respect to KYC/AML/Data protection requirements per governing Acts.

• Delivering results and meeting customer expectations
• Following instructions and procedures
• Coping with pressures and setbacks
• Relating and networking
• Analyzing
• Working with people
• Applying expertise and technology
• Learning and researching
• Presenting and communicating information
• Adhering to principles and values
• Achieving personal work goals and objectives
• Customer, market and competitor understanding
• Knowledge of insurance regulatory requirements
• Effective negotiation skills
• Report writing skills
• Effective business management skills
• Understanding of health insurance operations

• Bachelor’s degree in Accounting, Finance, Economics or Related Discipline.
• Fully qualified accountant with Certified Public Accountant (CPA)/ Association of Chartered Certified Accountants (ACCA)/ Chartered Accountant (CA).