Premium Administration Officer (Contract) job at Jubilee Insurance
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17 Days Ago
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Vacancy title:
Premium Administration Officer (Contract)

[ Type: FULL TIME , Industry: Insurance , Category: Accounting & Finance ]

Jobs at:

Jubilee Insurance

Deadline of this Job:
16 January 2023  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Friday, January 13, 2023 , Base Salary: Not Disclosed

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JOB DETAILS:

Job Ref. No. JLIL114

Role Purpose
The role holder will ensure optimum collection and timely allocation of premiums/contributions through efficient processes, excellent working relations with banks/schemes and effective communication to the process stakeholders.

Main Responsibilities
• Ensure that contribution/transfers/premium collection is done efficiently and within the agreed deadlines.
• Liaise with the New business team, Checkoffs and Pension Administrators to ensure correct payment schedules are received and updated in time.
• Ensure accurate and timely allocation and approval of contributions/transfers/premium received.
• Timely communication and follow up with clients, agents on contribution/premium arrears.
• Ensure GWP/contribution collection targets are met.
• Liaise with Treasury, other business lines, agents/clients to clear any outstanding payments in the assigned bank accounts.
• Ensure new DDA Mandates are launched to the various bank within the TAT of 3 days and that the databases for the same is accurate and always updated.
• Regularly run reports on efficiency of various modes of payments and provide daily activity and other reports as required by Management.
• Respond to all customer queries or inquiries within the TAT of 48 hrs.
• Improve manual processes through automation and comply with the internal controls in place.

Key Competencies
• Customer Focus
• Effective Communicator
• Passionate
• Team Player
• High levels of integrity

Qualifications
• Bachelor’s degree in Commerce, Finance, Accounting, Actuarial Science or any other related field.
• CPA-K/ACCA Qualification will be an added advantage

Relevant Experience
• A minimum of 2 years’ experience in a similar role.
• Closing: 16th January 2023.


Work Hours: 8


Experience in Months: 24

Level of Education:
Bachelor Degree

Job application procedure
If you are qualified and seeking an exciting new challenge, please apply via Recruitment@jubileekenya.com quoting the Job Reference Number and Position. Only shortlisted candidates will be contacted.




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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 16 January 2023
Duty Station: Nairobi
Posted: 13-01-2023
No of Jobs: 1
Start Publishing: 13-01-2023
Stop Publishing (Put date of 2030): 13-01-2066
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