Sunday 1 August 2021

Credit Controller at Jubilee Insurance

Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance.

Job Ref. No.

HRJIC644

Role Purpose

  1. To ensure collection of premiums, third party administration & replenishment and to support the business on finance matters.

Main Responsibilities

  1. Third Party Administration (TPA)/Fund management i.e., preparation of fund statements, ensure timely replenishment and suspension of schemes due to non-payment.
  2. Fund and premium accounts reconciliation.
  3. Collection of outstanding premiums.
  4. Collection of medical undertakings and non-payables (reimbursements of payments undertaken on behalf of clients).
  5. Members benefit management i.e., sending out utility reports & member statements.
  6. Timely assistance to clients/brokers and staff by answering questions and responding timely to requests and queries.
  7. Update monthly excess and TPA reports.
  8. Collection of Administration fees on TPA and undertakings
  9. Meeting brokers/clients to resolve TPA/fund and premium reconciliation issues.
  10.  Preparing and presenting weekly sectional credit control reports.
  11.  Ensure timely preparation of weekly & monthly reports as per the SLAs.
  12. Correct problems by coordinating and resolving information and identifying systems and procedure problems.

Key Competencies

  1. Analytical Skills
  2. Good Judgement
  3. Attention to detail
  4. Good verbal & written communication skills
  5. Negotiation & Interpersonal Skills

Qualifications

  1. Bachelor’s Degree in Accounting/Finance.
  2. CPA-K will be an added advantage

Relevant Experience

  • Minimum of two years relevant experience in credit control/accounting

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