GK General Insurance Company seeks to identify an individual looking for an excellent opportunity to progress his/her career; and who possesses the vision and energy to help drive dynamic changes in the company, in the following capacity:-
Temporary Accounts Receivables Associate
The successful candiate will primarily be responsible for monitoring and ensuring that the collection and reconciliation of premiums for assigned Broker Partners. The duties include:
- Execute on agreed strategy to ensure the collection of balances from assigned Broker Partners and Territory companies within the agreed timelines.
- Track outstanding balances from the Age Analysis Report and implement the necessary corrective measures in a timely basis to ensure accounts are up-to-date.
- Monitor unallocated cash (receipts not applied accurately to premium accounts) and implement the necessary corrective measures in a timely manner.
- Ensure accounts are updated in a timely manner with payment details.
- Set the Registry and generate Journals for approval with sufficient and accurate details to have client accounts updated.
- Conduct bi-monthly and or periodic Broker Reconciliations and identify discrepancies and implement resolution to address discrepancies noted.
- Generate Recon Summary and submit to assigned Broker or Personal Lines Team for the adjustments to be made where discrepancies are identified in the Recon Process.
- Generate monthly Accounts Receivables Report to ensure the effective management of all assigned Broker Partners and Territories.
- Research and resolve payment discrepancies ensuring key stakeholders are updated and accounts continue to be effectively maintained.
- Generate and dispatch monthly Broker client statements by the 4th working day each month to ensure outstanding premiums, discrepancies and possible cancellations are processed in a timely manner
- Prepare cancellation notices regarding overdue balances and send off to the relevant stakeholders.
- Develop effective customer relationships through networking, delivering on customer commitments and providing the customer with key information critical for the customer’s business.
Minimum Qualifications & Experience:
- First Degree in Finance, Accounts or related field
- Two (2) years’ experience in an Accounting or Finance Department
- Insurance Industry experince would be an asset
Competencies
- Customer focus
- Relationship Building
- Problem Solving
- Analytical
- Detail Oriented
- Team Oriented
- Communication
