Heritage Insurance Head of Credit Management Job in Kenya

The Heritage Insurance Company Kenya Limited is a leading provider of general Insurance. The company has an extensive network of branches and a regional footprint.

The company works with key partners such as Brokers and other intermediaries to serve a wide a client base.

A position as arisen within the Company’s credit management section to provide strategic leadership ¡n credit management.

Job Title: Head of Credit Management

Reporting To: General Manager – Finance & Administration

Main Purpose of the Job: This is a strategy role responsible for management of Company’s credit risk in line with the Insurance Act and the credit policy as amended from time to time.

Key Responsibilities / Accountabilities

  • Executing strategic initiatives aimed at reducing the credit exposure to the business.
  • Management of cross functional relationship affecting premium records.
  • Constant review and improvement of existing processes linked to credit management.
  • Regular feedback to senior management and recommendations for improvements.
  • Constant interaction with all stakeholders to manage the consequence of uncollected premiums
  • Full compliance to credit management policy, and if necessary recommendation for change due to changes in legal and operating environment.
  • Staff development and training on debt management.
  • Referral of uncollected debt to debt collection agencies, managing legal action and reference to the Credit Reference Bureau (CRB)

Accounting and Finance
Updated: May 5, 2017 — 6:27 am