Reconciliation Officer at UAP Insurance

Reconciliation Officer

UAP Insurance

Dar es Salaam

Job Description

Ensure that the company’s credit policy is sufficiently adhered to by effectively and efficiently managing the debtors so that the company meets its financial obligations and comply with the legislation
Ensure strict adherence to the company credit policy of cash and carry to ensure compliance
To issue and allocate all receipts on time to respective intermediaries, direct customers etc
Ensure smooth and effective running of the position by ensuring all outstanding debts (if any) have been collected within the time limit
Overall in charge of stationery control and allocation to intermediaries. Timely reconciliation of used cover notes and sticker books and submission back to HQ
Ensure collection targets are in line with the company’s strategic objective to ensure no credits offered to allow the company meets its financial obligation
Debtors Accounts reconciliations
Co-ordinate collections, reconcile, banking and pursue legal action for defaulters to maximise on collections
Ensure timely commissions computation and request for payments are done timely
Reconciliation and allocation of intermediaries’ statements and ensure timely dispatch of intermediaries’ statements
Resolving intermediaries’ queries and complaints
Issue cancellations on all unpaid premiums after 7 days after due process has been followed
Ensure that all documents are properly filed and available at all times
Any other duties which may be assigned from time to time

Skills

Account Reconciliations, Banking, Cancellations, Commissions, Credit Policies, Due Process, Ensure Compliance, Payments, Reconciliations

Education

Bachelors Degree (B): Accounting (Required)

The deadline for submitting the application is 21 November 2022.