73 Ocean Street, New South Wales 2000, SYDNEY

Contact Person: Callum S Ansell
P: (02) 8252 5319


22 Guild Street, NW8 2UP,

Contact Person: Matilda O Dunn
P: 070 8652 7276


Genslerstraße 9, Berlin Schöneberg 10829, BERLIN

Contact Person: Thorsten S Kohl
P: 030 62 91 92

Insurance Accounting Administrator

  • Rivonia
  • Salary:
    R13 000 - R16 000
  • Qualifications Required:
    Accounting Degree
  • Experience Required:
    3 -5 years insurance accounting exp

Accounting Degree
Solid technical accounting ability with strong reconciliation skills
Minimum 3 years accounting insurance exp
Knowledge of the insurance industry
Achievement oriented
Excellent reconciliation skills
Excel – advanced required must be able to use formulas incl v-lookup
Above average excel (a must – must be able to use formulas, including v-lookup) and word skills & power point (preferred)
Reporting to Executive Director
Collections – debit order collection and bordereaux payers (gross payers and net payers) collections – timely analysis, management of collections according to set deadlines and dynamic changes to collections including rejections/re-submissions, cash deposits etc. and timely reconciliation – this entails reconciliation of debtors and requires excellent excel skills
Resolving with appropriate debtors resolution of differences
Reporting according to stringent deadlines the collections information components on insurer bordereaux for four insurers
Managing outsource fee invoices and collection with insurers
Disbursements – commissions/fees/premium; remittance advisements to broker/service providers/policyholders
Insurance premium collection; claims payments; outstanding claims; portfolio performance reports per product per insurer
Validating report information as accurate with correlation to other available information
Key group client liaison/servicing requirements
Annual renewal – product specific – involvement in annual renewal product changes process through to finality to ensure understanding of impact on collections and disbursements changes according to effective dates
Incumbent would be expected to get up to speed with legislation/parameters governing the industry and company in particular within one month of employment and to take industry based exams within 5 months of employment and to keep up with continuous professional development in the industry.
Must live close to Rivonia, not longer than 30min drive

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