Vacancies at CIC Insurance

PURPOSE:

To assess and prudently underwrite General Business in commercially sound terms and to ensure that all underwriting and documentation duties in the section operate effectively and efficiently.

PRIMARY RESPONSIBILITIES:

• Asses business risk proposal (Accept/Reject Risk) on the basis of existing underwriting guidelines);
• To process schedules and issue policy document and endorsement;
• To ensure proper and accurate debiting and crediting and ensure proper reinsurance policy in place;
• Doing quotes for clients;
• Ensure Timely renewal notification/follow up
• General business underwriting for all classes of business
• Preparation of monthly reports
• Service to all customers within a reasonable time

Academic and Professional Requirements

Education 

• Bachelor’s degree in Business or in a related field    E
• Computer Literate in MS Office and other office applications    E
• Progress towards CII or IIK    D

Experience Required:

• One year Relevant experience

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PURPOSE:

Responsible for ensuring CIC account receivable are reconciled and signed off with the respective intermediaries and clients. 

PRIMARY RESPONSIBILITIES:

• Responsible for meeting targets in monthly receivables and keeping bad debt to a minimum.
• Monitoring debtor balances to ensure a reduction in debtor’s DSO; Ensuring credit and collection policies and procedures are followed within your team.
• Clients and intermediary visitation, calls and emails chasing from debtors.
• Liaise with sales Managers regarding overdue/disputed accounts
• Disputes review on a weekly basis with escalation to GCFO as appropriate.
• Dealing with overdue accounts that have gone into dormant including liaising with third party recovery agencies.
• Liaison with underwriting and claims department for closure of reconciling items
• Resolution of recon items and ensure closure
• Monthly sign –off of the intermediary balances with the respective debtors
• Preparation of debt reconciliation monthly reports to be table to credit control strategy committee.
• Responding to relevant client and intermediary’s enquiries; Processing and reconciliation of invoices; Checking and posting of receipts to accounting systems.

Academic, Professional and Technical Competencies Required:

Essential Knowledge/Skills and Experience Required:

Minimum of 5 years’ relevant experience.

 Desirable Knowledge/Skills and Experience Required:

• Strong knowledge of debt management, collections, reconciliation.
• Excellent communication and presentation skills
• Problem solving skills
• Excellent interpersonal skills
• Good analytical skills