Reporting to the Team Leader-MIMO, the incumbent will be responsible for accurate and timely processing of premium allocation, intermediary statement reconciliation, Check Offs ,e.g. Mpesa, Reassurance Premiums, Reinsurance Claim reconciliation, resolution of the client queries and reconciliations of the various MIMO related controls in having a reliable financial reporting information that is accurate and complete.

Key Tasks And Responsibilities

• Daily allocation and servicing premiums paid via bank statements on the assigned intermediaries Account.
• Following up with the Banks in regard to the Unidentified Monies and investigation on issues raised by the clients/Agents
• Management of the Client queries and tracking for their resolution
• Reconciliation of the intermediaries’ accounts and liaise with credit control officer for sign off
• Perform cancellation of policies that are past credit terms as advised by credit control officer.
• Raising issues/logs on LAN Support for the Vendor to resolve
• Monthly and ad-hoc reporting on the Unidentified/Unallocated monies including the Aging Analysis.
• Servicing of the MIMO Maintenance Basket within 48 hours and providing timely feedback
• Daily reporting to the MIMO Team Leader, the Unidentified Transactions per Bank Statements in terms of the following:
• Number of Counts/Items still outstanding
• Value of the unidentified transactions
• Investigation of Premiums and allocation thereafter to a correct and valid contract account from the Unidentified Transactions
• Consolidation of daily unidentified transactions and deletion of any that has been investigated later and allocated to the Contract
• Perform balance sheet substantiation by ensuring all ledger postings have been done on time.

Requirements

Skills And Competencies

• Accountancy qualification professional or academic.
• Previous finance/Actuarial work exposure would be an advantage
• Keen to details
• Ability to maintain confidentiality of records and information

Knowledge & Experience

• Good arithmetic knowledge.
• Good working knowledge of Ms. Office excel package
• Positive attitude and Team player
• Good communication skills
• Proper planning and time management
• Analytical and reporting skills
• Experience in EO2 and D365 Systems would be an advantage

Qualifications

• Degree in Business related studies from a recognized University
• Certified Public Accountancy or ACCA