Reconciliation Officer at UAP Insurance
Job Overview
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.
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