Policy Accounts Manager
7 months ago
**Key Responsibilities**:
1. Manage all financial elements related to policy accounts, which include both debtors and creditors and ensure the system is raising accurate invoices.
2. Oversee the policy administration system to ensure accurate and timely processing of financial transactions; including correctly reconciling and allocating payments.
3. Manage and report on unallocated funds and outstanding debts.
4. Develop and implement policies and procedures to optimize account management processes.
5. Ensure robust reconciliation processes are in place to ensure financial accuracy.
6. Monitor and analyse financial data to identify trends and potential areas for improvement.
7. Ensure compliance with regulatory requirements and internal policies related to financial transactions.
8. Lead and mentor a team of account management professionals, providing guidance and support to achieve departmental goals.
9. Collaborate with other departments, such as underwriting and claims, to address account-related issues and concerns.
10. Prepare and present financial reports and analysis to senior management as needed.
Bachelor's degree in Finance, Accounting, Business Administration, or a related field advantageous.
2. 3+ years of experience in financial services, with a strong understanding of policy administration processes.
3. Prior experience managing debtors and creditors on a policy administration system
4. Cardinal CIMS experience considered advantageous.
5. Proven experience managing people, with at least 2 years in a managerial role.
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