Insurance Company Credit Control Assistant Manager Job in Kenya

We are a general insurance company looking for a skilled, results-oriented, self-motivated, enthusiastic, passionate and extroverted person with a “can-do” attitude to fill the following position:

Position: Assistant Manager – Credit Control
 

Responsible to: Head of Finance
 
Department: Finance
 
Overall Responsibility
 
To ensure that the monthly statements are produced accurately and on a timely basis, and that the credit control function is well managed.

Key Tasks, Duties and Responsibilities
  • Ensure that brokers/agents observe the statutory credit period; collect all premiums due.
  • Scrutinize and dispatch monthly premium statements to all brokers, agents and direct clients, latest by the 10th of the following month. Handle correspondence from brokers, agents and insurance companies relating to premium collection.
  • Liaise with underwriters on matters relating to premium collection and account reconciliations.
  • Process Commissions of intermediaries and ensure timely receipt of the same by the 2nd of each month
  • Ensure that the agent accounts are reconciled every month as a control measure before statements are printed.
  • Prepare monthly reports relating to debt collection and liaise with our legal debt collectors where debt collection has been referred to them.
  • Ensure IPFs presented are fully realized and the proceeds correctly allocated to the payer.
  • Ensure recovery of outstanding premium prior claim processing by participating in the routine review of claims
  • Produce a monthly report for discussion by the credit committee.
  • Dealing with staff deployment issues within the section and ensuring optimum utilization of human resource.
  • On a regular basis reviewing both the computerized and manual systems to ensure they are efficient, identifying areas that need to be computerized or enhanced to improve overall efficiency and remove duplication of roles and transactions.
  • Any other duties that may be assigned from time to time
Minimum requirements
  • A business related degree from a recognized university
  • CPA(K) or equivalent
  • 5 years relevant working experience
Do your qualifications and experience match those listed above? 
Then it is YOU we’re looking for! 
Apply NOW by sending your application letter and updated CV to kaziafrica2012@gmail.com 
Please note that applications shall be reviewed on a first-come, first served basis, and only shortlisted candidates will be contacted.
 
~We are an equal opportunity employer ~


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