Premiums Administrator

3 months ago


Cape Town, South Africa Lion of Africa Life Assurance Company Full time

**Main purpose and scope of the job**:
Premium reconciliation of all Lion Life policies (Group and Individual policies) where premiums are received.

**Minimum requirements**:

- Matric/Grade 12/Equivalent
- Microsoft Office (Excel, Word and Outlook)
- Background of Long Term Insurance will be an added advantage

**Responsibilities include attending to all administration functions and processes relating to Premium Collections such as**:

- Update and allocate various payment methods, including Group schemes & individual policies
- Update Monthly reconciliation
- Import daily & monthly premium files
- Provide Third party service provider data
- Commission payments
- Investigation of client queries, i.e. amendments, re-instatements and cancellations, refund payments
- Premium recovery and Retention
- Invoicing respective entities
- Billing: debit order & private stop order

**Skills required for the position**:

- Excellent Communication Skills (Both written and verbal)
- Computer literacy (MS Office, internet)
- Ability to work under pressure
- Attention to detail
- Ability to work independently
- Ability to use initiative

**Experience**:

- Administrative office procedures, practices and equipment: 1 year (preferred)


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