Job Description
We are Hiring 🚨🚨🚨
Job Title: Insurance Premium Matching Officer
Location: Ikoyi, Lagos.
Remuneration: N200,000.00 net salary.
Other Benefits: HMO, pension benefit, 13th month, annual leave.
Job Profile:
The team’s objective is to ensure all due premiums are received, reconciled, and reported in time, to ensure profitability and minimize the Company’s exposure to capital adequacy risks.
The Job function cut across the matching and reconciliation of premium inflows and each client’s premium account position, pursuing, and recovering due premiums, monitoring, and controlling access to care in cases of delayed premiums, and working with the BD team to ensure that corporate clients are well informed of every price change. The team would also work with the Finance team to properly age pending receivables.
KEY ACCOUNTABILITIES/ RESULT AREAS
• Conduct daily reviews of all premium collection channels to ensure that all premiums received are properly reconciled and applied to the policies.
• Own and ensure data accuracy and alignment between the data held by the underwriting, BD, and Finance teams.
• Oversee the billing and invoicing process to ensure policyholders receive accurate and timely invoices and premium statements.
• Generate and analyze reconciliation reports regularly, and highlight discrepancies, trends, or imminent issues that may require attention. Ensure full automation of all invoicing and renewal processes.
• Manage communications with the clients when premiums are owed to limit our claims exposure.
• Support the Audit teams in providing accurate and detailed information related to premium reconciliations.
Others:
•Thorough archiving and documentation of work and self-appraisal of work done to ensure that it is correct, complete, and logical.
•Any assigned projects within the company.
Priority/Technical:
•Knowledge of the insurance industry, business, sales and claims processes, and provider operations.
•Ability to thoroughly investigate and ask questions when necessary to help pursue premium recoveries.
•Work with the Underwriting and Finance team to ensure data integrity and correctness.
•Technology Savvy with strong MS Office Skills (Word, Excel, Outlook, Visio)
•Data & Business Analysis Skills
•Customer Service & Presentation Skills
•Problem Solving Skills and Teamwork
Requirements:
•B.Sc. in Accounting, Statistics, Finance or Economics.
•Candidate shouldn’t be above 26years of age as at the point of application.
•Minimum of 1 Year experience in accounting or similar role.
Ready to join our dynamic team? Please click the below link to apply.
https://lnkd.in/eQbfJ4xJ
Benefits
HMO, Pension, 13th Month, Annual Leave
Job Requirements
B.Sc. in Accounting, Statistics, Finance or Economics.
•Candidate shouldn’t be above 26years of age as at the point of application.
•Minimum of 1 Year experience in accounting or similar role.
How To Apply
https://lnkd.in/eQbfJ4xJ
