Assistant Accountant Job Opportunities At Britam Insurance

Job Opportunity at Britam- Assistant Accountant October 2021

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Job Opportunity at Britam- Assistant Accountant October 2021

Job Purpose and Key responsibilities 

Job purpose 

Job Opportunity at Britam- Assistant Accountant October 2021 The role holder will be responsible for reconciliation of clients’ accounts and ensure queries from intermediaries are promptly responded.

Key responsibilities 

  • Cash flow management – Daily monitoring of customer accounts and ensure adherence to cash before cover policy, handle the collection of premiums and find the resolution of account queries.
  • Customer retention and loyalty- Timely payment of commission Verification of premium payment before processing claim- No claim file not confirmed within 24 hours.
  • Allocating daily receipts to all customer accounts
  • Providing accounts information to internal departments Intermediaries reconciliation- No unreconciled balances more than 30 days
  • Send monthly reconcile statement to intermediaries, Lease with underwriters daily on funds received with no debit for timely postings.
  • Support all strategic initiatives that are in place which focus on premium collection and credit control issues for head office as well as for all the branches
  • Ensure all customers and direct clients /Agency queries are responded immediately.
  • Ensure all commission reports are reconciled and paid by 5th of every month,
  • Ensure all outstanding statement are sent by 10th  of every month. Regional cooperation, expansion & other assignments:- Ensure all regional queries  on credit control issues are responded immediately and all reports required from receivables are prepared on time
  • Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard.

 

Key Performance Measures 

 

  • Debtors ratio
  • TAT for commission payment
  • TAT for allocation of receipts
  • TAT for reconciliation of intermediary balances

 

Working Relationships 

Internal Relationships: 

 

  • Responsible to Senior Accountant – Credit Control
  • Required to liaise and work closely with claims, underwriting & sales departments

 

External Relationships: 

 

  • Brokers, Agents, Banks and direct customers
  • TIRA

 

Knowledge, experience and qualifications required  

 

  • Bachelor degree (Accounting and Business related options preferred)
  • Knowledge of insurance regulatory requirements
  • Knowledge of Britam products

 

Essential Competencies

1. Learning and Researching: Rapidly learns new tasks and commits information to memory quickly; demonstrates an immediate understanding of newly presented information; gathers comprehensive information to support decision making at management level; learns from successes and failures and seeks colleague and customer feedback.

2. Working with People: Shows respect for the views and contributions of other team members; shows empathy; listens, supports and cares for others; consults others and shares information and expertise with them; builds team spirit and reconciles conflict; adapts to the team and fits in well.

3. Applying Expertise and Technology: Applies specialist and technical expertise; uses technology to achieve work objectives; develops job knowledge and expertise (theoretical and practical) through continual professional development; demonstrates an understanding of different organisational departments and functions.

4. Delivering Results and Meeting Customer Expectations: Focuses on customer needs and satisfaction; exhibits high standards for quality and quantity; monitors and maintains own quality and productivity; works in a systematic, methodical and orderly way; consistently achieves projects goals.

5. Following Instructions and Procedures: Follows procedures and policies; keeps to schedules; arrives punctually for work and meetings; demonstrates commitment to the organisation; complies with legal obligations and safety requirements of the role.

6. Adhering to Principles and Values: Upholds ethics and values; demonstrates integrity; accepts diversity; display individual responsibility towards the community and the environment; models the organisational values during every day interactions.

The deadline for submitting the application is 13 October 2021.

CLICK HERE TO APPLY

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