PURPOSE:
To ensure that debts are managed and maintained at it’s minimal. To ensure that there is strict adherence to the credit policy.
PRIMARY RESPONSIBILITIES:
- Participate in implementation of the company’s credit control policy;
- Sending monthly commission and debtors statements and resolve incoming queries on outstanding accounts from intermediaries;
- Apply reminders on account to ensure debts are paid in a timely manner and full follow through by relevant intermediaries;
- Referring of uncollected debts to debt collection agencies, managing legal action and reference to the Credit Reference Bureau (CRB);
- Drive collection of premium debited on a monthly basis;
- Tracing and pursuing long outstanding debtors and where possible, assess capacity to settle debts;
- Follow up bounced cheques and contacts the clients for replacements as and when it arises and provides a monthly report;
- Check remittances (RTGS, EFT, IPFs) and facilitate receipting within 24 hours and monitor daily receipting and banking of all premiums received;
- Visit and call intermediaries for follow up on collections and reconciliations to provide a weekly report
| Key Skills, Knowledge, Experience and Behavioural Competencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
These are defined as;
Academic and Professional Requirements
Experience Required:
Behavioural Competencies These are defined as:
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| Special Position Requirements (Optional section: any travel, security, hazard or related special conditions which apply to the position) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| · The role holder may be required to travel to distant branches or wherever the Company has any interest.· Role holder may be required to work extended working hours to ensure jobs are completed on schedule and to specification. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CIC Insurance Values | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CIC insurance Group is committed to providing excellent service, spur further growth and employees are required to align their behaviour to the following core values as critical to driving their performance;· Integrity- Be fair and transparent
· Dynamism- Be passionate and innovative · Performance- Be efficient and results driven · Co-operation- Live the Co-operative spirit |
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Job Profile Sign-Off
In the performance of their respective tasks and duties, all employees are expected to conform to the following;
- Perform quality work within deadlines, right first time with or without direct supervision.
- Interact professionally with other employees, customers and suppliers.
- Work effectively as a team contributor on all assignments.
- Work independently while understanding the necessity for communicating and co-coordinating work efforts with other employees and organizations.
- Unconditional positive regard for customers.
If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://careers.cicinsurancegroup.com/ clearly indicating the position being applied for.
The application should reach us by close of business on 6th September 2024. Please note only short-listed candidates will be contacted. If you do not hear from us by 30th September 2024 consider your application unsuccessful.
N/B: This job advert is open to both internal and external candidates.
