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Job type: Full-time
Job Description – Assistant Accountant-Credit Control (2200001W)
Job Description
Assistant Accountant-Credit Control – (2200001W)
Job Purpose and Key responsibilities
Job purpose
The role holder will be responsible for reconciliation of clients’ accounts and ensure queries from intermediaries are promptly responded.
Key responsibilities
Cash flow management – Daily monitoring of customer accounts and ensure adherence to cash before cover policy, handle the collection of premiums and find the resolution of account queries.
Customer retention and loyalty – Timely payment of commission
Verification of premium payment before processing claim- No claim file not confirmed within 24 hours.
Allocating daily receipts to all customer accounts
Providing accounts information to internal departments
Intermediaries reconciliation- No unreconciled balances more than 30 days Send monthly reconcile statement to intermediaries,
Liaise with underwriters daily on funds received with no debit for timely postings.
Support all strategic initiatives that are in place which focus on premium collection and credit control issues for head office as well as for all the branches
Ensure all customers and direct clients /Agency queries are responded immediately. Ensure all commission reports are reconciled and paid by 1st week of every month. Ensure all outstanding statement are sent by 10th of every month.
Regional cooperation, expansion & other assignments:- Ensure all regional queries on credit control issues are responded immediately and all reports required from receivables are prepared on time
Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard.
Performing other duties as assigned by the supervisor
Key Performance Measures
Debtors ratio
TAT for commission payment
TAT for allocation of receipts
TAT for reconciliation of intermediary balances
Working Relationships
Internal Relationships:
Responsible to Accountant – Credit Control
Required to liaise and work closely with claims, underwriting & sales departments
External Relationships:
Brokers, Agents, Banks and direct customers
TIRA
Knowledge, experience and qualifications required
Knowledge, experience and qualifications required
Bachelor degree (Accounting and Business related options preferred)
Knowledge of insurance regulatory requirements
Knowledge of Britam products
Essential Competencies
Learning and Researching: Rapidly learns new tasks and commits information to memory quickly; demonstrates an immediate understanding of newly presented information; gathers comprehensive information to support decision making at management level; learns from successes and failures and seeks colleague and customer feedback.
Working with People: Shows respect for the views and contributions of other team members; shows empathy; listens, supports and cares for others; consults others and shares information and expertise with them; builds team spirit and reconciles conflict; adapts to the team and fits in well.
Applying Expertise and Technology: Applies specialist and technical expertise; uses technology to achieve work objectives; develops job knowledge and expertise (theoretical and practical) through continual professional development; demonstrates an understanding of different organisational departments and functions.
Delivering Results and Meeting Customer Expectations: Focuses on customer needs and satisfaction; exhibits high standards for quality and quantity; monitors and maintains own quality and productivity; works in a systematic, methodical and orderly way; consistently achieves projects goals.
Following Instructions and Procedures: Follows procedures and policies; keeps to schedules; arrives punctually for work and meetings; demonstrates commitment to the organisation; complies with legal obligations and safety requirements of the role.
Adhering to Principles and Values: Upholds ethics and values; demonstrates integrity; accepts diversity; display individual responsibility towards the community and the environment; models the organisational values during every day interactions.
Primary Location: Tanzania, United Republic of-Dar es Salaam-Dar es Salaam
Organization: Britam Insurance Tanzania Limited
Job Type: Permanent
Shift: Day Job
Contract Type: Full-time
Unposting Date: Ongoing
Number of Openings: 1
How to Apply:
This is Full-time Job, To submit your application, please follow the link provided below.
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