Accounting Administrator - Insurance

SUMMARY:
Accounting Administrator - Insurance

POSITION INFO:

• Bcom - accounting major
• Solid technical accounting ability with strong reconciliation skills
• Minimum 3 years accounting at an insurance industry
• Analytical
• Proactive
• Excellent reconciliation skills
• Excel – advanced required must be able to use formulas incl v-lookup
• Excellent communication skills (oral and written)
• Decisive
• Initiative
• Planning and organising skills
• Problem solving skills
• Presentation skills
• Time management skills
• Attention management skills
• Ability to work under pressure
• Commitment to meeting stringent deadlines
• Quick to grasp new concepts
• Above average Excel (a must – must be able to use formulas, including v-lookup) and word skills & power point (preferred) 

Position in Rivonia

Description: High Level

 Reporting to Executive Director

• Key performance areas:
• Collections - debit order collection and bordereaux payers (gross payers and net payers) collections - timely analysis, management of collections according to set deadlines and dynamic changes to collections including rejections/re-submissions, cash deposits etc. and timely reconciliation – this entails reconciliation of debtors and requires excellent excel skills
• Resolving with appropriate debtors resolution of differences
• Reporting according to stringent deadlines the collections information components on insurer bordereaux for four insurers
• Managing outsource fee invoices and collection with insurers
• Disbursements - commissions/fees/premium; remittance advisements to broker/service providers/policyholders
• Reporting:
• Insurance premium collection; claims payments; outstanding claims; portfolio performance reports per product per insurer
• Validating report information as accurate with correlation to other available information
• Key group client liaison/servicing requirements
• Ad hoc/periodic responsibilities:
• Annual renewal - product specific – involvement in annual renewal product changes process through to finality to ensure understanding of impact on collections and disbursements changes according to effective dates
• Incumbent would be expected to get up to speed with legislation/parameters governing the industry and company in particular within one month of employment and to take industry based exams within 5 months of employment and to keep up with continuous professional development in the industry. 

NB! This job is now closed. You can apply for other jobs by uploading your CV.