Posted:Jan 29
By:Hiring Kenya
Company Details
Industry:
Insurance
Description:
Liberty Life Assurance Kenya is a life insurance provider that has been providing relevant products to Kenyans for over 50 years. Our purpose at Liberty is to make a difference in people’s lives by making financial freedom possible. We change realities and make freedom possible by providing innovative and relevant solutions that help our customers protect their greatest assets. Our diverse and flexible products include life insurance, investment solutions, education and retirement savings plans. We pride ourselves in putting the customers’ needs first. With a proud heritage of over half a century, Liberty Kenya has been a pioneer in knowledge sharing and making a significant contribution to the financial services industry. We continue to strive to change realities in Kenya because Liberty is not just our name; it’s what we do!
Job Description
Key Responsibilities
- Prompt processing and posting of funds across different lines notably Group Life, Retail Life and pension as well as other Non-premium Payments.
- Processing of New Mandates and Stoppages within the stipulated timelines
- Ensure databases for premium collections on direct debits and checkoffs are updated in line with Company Policy.
- Building quality relationships with Banks and employers aimed at timely Premium Collection.
- Communication with clients and employers on collection status
- Maintain data integrity by ensuring policy status is correct
- Monitor and coordinate clearance of Suspense within set guidelines
Qualifications
- Bachelor’s degree (Commerce, Economics, Statistics, Insurance options preferred)
- Progressing in Professional qualification in Insurance (ACII/FLMI), CPA or ACCA
Experience
- At least 2 years’ experience in the financial services sector
Competencies
- Timely processing of premium collections
- Timely launches of Mandates received from clients
- Timely resolution of all the queries raised for allocated Portfolio at any given point
- Timely submission of quality reports as assigned
- Ability to work with minimal supervision while managing competing tasks and priorities.
- In depth understanding of insurance operations and concepts
Knowledge of insurance regulatory requirements
Customer service skills
Salary: Discuss During Interview
Education: Diploma
Employment Type: Full Time
Contact Information
