Policy Services Administrator

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Policy Services Administrator

  • Post Date:October 25, 2021
  • Views 414
0 Applications
  • Career Level Other
    Qualification Diploma
    Experience 1-3 Years
  • Industry Business
Job Description

Applications are invited from suitably qualified and experienced persons to fill the vacancy of Policy Services Administrator that has arisen within First Mutual life Assurance Company.

Job Specification

  • Preparing monthly billing statements by consolidating new business, renewal and alterations.
  • Dispatching billing statements to various stop order administrators to effect deductions.
  • Checking the correctness of billing run against Exergy and compare reasonability of totals to previous month’s total.
  • Applying premiums into the Exergy system
  • Resolving any Premium accounting related queries in writing as and when received
  • Preparing report on outstanding suspense transactions for onward submission to supervisor
  • Preparing payroll with commission figures per Agent for payment.
  • Receiving new business, Reinstatement & lapse data for the month.
  • Calculating new business and persistency for the month per Brokerage & per Unit.
  • Identifying Agents and Units qualifying for monthly awards and calculating award payable to the Agents.
  • Updating and maintaining client database of the key contacts for revenue collection
  • Visiting clients for query resolutions and relationship building
  • Identifying and suggesting changes\, new functionalities in the system,
  • Tests system configuration in line with specifications and submits to assistant manager,

Person Specification

  • IIZ/IISA/CII Diploma in Insurance
  • Certificate of Proficiency (COP) in Lang Term Insurance
  • Data Analytics will be an added advantage
  • Two (2) years’ experience in Life Administration.
  • Excellent communication skills both oral and written,
  • Ability to work under pressure;

Candidates meeting the above criteria should forward their Curriculum Vitaes (CVs), copies of certificates and application letters to Group Human Resources via the following email address: [email protected]

Applications should be sent by not later than 28 October 2021.