MIMO Officer at Old Mutual Kenya

Job Description

• 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.
• Agent commission computation, P.I.E reconciliation on agent contracts and handling agent queries on commission payments
• Mpesa servicing and reconciliation
• Daily allocation and servicing premiums paid via bank statements on the assigned Banks
• 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
• 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

Qualifications:

• Degree in Business related studies from a recognized University
• Certified Public Accountancy or ACCA
• Minimum 3 years experience in the same or related field