Maintain an effective and professional credit control system.
Prerequisite
Minimum of 5 years Credit Control Experience in the Insurance Industry
Competencies
Able to demonstrate experience within Credit Control in the Insurance Industry
Computer literate
Excellent skills in Microsoft Word and Microsoft Excel
Excellent communication skills
Must have the ability to prioritize
Accuracy / high attention to detail
Must be able to take initiative
Must be able to identify and solve problems
Must have exceptional interpersonal skills
Excellent communication skills, both written and verbal
Strong diary & time management skills
Main Duties and Responsibilities
Risk Management
Plans and initiates strategies for premium collections
Ensure that tight credit control is maintained on all outstanding insurance premiums through coordination of all collection activities
Ensures prompt collections
Correct payment allocations
Account reconciliations
Where required, initiate proceedings to ensure outstanding debts are brought to a satisfactory conclusion
Conduct market surveys and identify changes in the insurance industry
Operations
Monitors and controls the outstanding premium book
Compiles, disseminates and monitors implementation of collection policies, procedures and FSB regulations
Ensure that compliant brokers are loaded
Analyses arrear premiums monthly
Ensures strict and continuous follow-up of outstanding premiums
Regularly reviews non-performing brokers in terms of late payments and plans/strategies for recovery of those premiums
Handles debit order recalls and forced collections
Performs other duties that may be assigned from time to time
Prepares operational analysis of monthly results & trends
Client Service
Handles queries and feedback to internal/external customers
Continuously improves service delivery in terms of service level agreements and optimizes performance management
Develops relationships with clients and sales through ongoing communication
Optimizes business process efficiency
A consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks. We will keep your CV on our database and contact you should you match the criteria of any other vacancies.