Premium Administration Head at Old Mutual

Old Mutual

  • Accra
  • Permanent
  • Full-time
  • 1 month ago
This role is responsible for ensuring that the strategic initiatives of the business in relation to collection and billing of premiums are executed. The incumbent will be responsible for managing all premium collection processes to ensure that all premiums due are collected and applied to respective policies. The incumbent will also give guidance to team members and manage stakeholder engagements.Key Result AreasEffective collection of premiums and to develop alternate channels of collection
Monitor, analyze and provide insights of bank and worksites performance and identify any emerging trends on a monthly basis
Report on Bank and Worksite billings in detail and on non-collection of premiums and how to manage them
Carry out consolidations audit to streamline billing and consolidation of premiums
Effective Stakeholder engagement and effective strategic partnerships and to improve data integrity
Stabilize and ensure effective management and control environment in premium administration.
Ensure efficient Bancassurance premium administration support.
Ensure compliance with Insurance laws, rules and regulationsRequirements: Skills, Qualifications and Experience requiredA minimum of a Bachelor’s degree from an accredited University is requiredExperience in Premium Administration or similar role would be beneficial.Personal Effectiveness:Accountable for services delivery through own effortsIndividually accountable for managing own time, tasks and output qualityMakes increased contributions by broadening individual skills.Collaborates effectively with others to achieve personal results.Accepts and lives the company values.CompetenciesData Analysis SkillsInnovativeCustomer relations/Relationship ManagementReportingStrong Database management ability (Excel, Access etc)ExecutionInitiating Action/ProactiveSkillsEducationClosing Date02 April 2024

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