Posted on :
20 Sep, 2021
20 Sep, 2021
This role is responsible for ensuring that the strategic initiatives of the business in relation to collection and billing of premiums are executed. The incumbent will be responsible for managing all premium collection processes to ensure that all premiums due are collected and applied to respective policies. The incumbent will also give guidance to team members and manage stakeholder engagements.
Job Title: Premium Administration Team Lead
Key Result Areas
• Effective collection of premiums and to develop alternate channels of collection
• Monitor, analyze and provide insights of bank and worksites performance and identify any emerging trends on a monthly basis
• Report on Bank and Worksite billings in detail and on non-collection of premiums and how to manage them
• Carry out consolidations audit to streamline billing and consolidation of premiums
• Effective Stakeholder engagement and effective strategic partnerships and to improve data integrity
• Stabilize and ensure effective management and control environment in premium administration.
• Ensure efficient Bancassurance premium administration support.
• Ensure compliance with Insurance laws, rules and regulations
Requirements: Skills, Qualifications and Experience required
A minimum of a Bachelor’s degree from an accredited University is required
Experience in Premium Administration or similar role would be beneficial.
Accountable for services delivery through own efforts
Individually accountable for managing own time, tasks and output quality
Makes increased contributions by broadening individual skills.
Collaborates effectively with others to achieve personal results.
Accepts and lives the company values.
Data Analysis Skills
Customer relations/Relationship Management
Strong Database management ability (Excel, Access etc)