Assistant Accountant at Britam Tanzania

The role holder will be responsible for reconciliation of clients’ accounts and ensure queries from intermediaries are promptly responded. 

Key responsibilities

• Cash flow management – Daily monitoring of customer accounts and ensure adherence to cash before cover policy, handle the collection of premiums and find the resolution of account queries.
• Customer retention and loyalty - Timely payment of commission
• Verification of premium payment before processing claim- No claim file not confirmed within 24 hours.
• Allocating daily receipts to all customer accounts
• Providing accounts information to internal departments
• Intermediaries reconciliation- No unreconciled balances more than 30 days Send monthly reconcile statement to intermediaries,
• Liaise with underwriters daily on funds received with no debit for timely postings.   
• Support all strategic initiatives that are in place which focus on premium collection and credit control issues for head office as well as for all the branches
• Ensure all customers and direct clients /Agency queries are responded immediately. Ensure all commission reports are reconciled and paid by 1^st week of every month. Ensure all outstanding statement are sent by 10^th of every month
• Regional cooperation, expansion & other assignments:- Ensure all regional queries  on credit control issues are responded immediately and all reports required from receivables are prepared on time
• Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard.
• Performing other duties as assigned by the supervisor

  Key Performance Measures

• Debtors ratio
• TAT for commission payment
• TAT for allocation of receipts
• Debtors ratio
• TAT for commission payment
• TAT for allocation of receipts
• TAT for reconciliation of intermediary balances
• Working Relationships

Internal Relationships:

• Responsible to Accountant – Credit Control
• Required to liaise and work closely with claims, underwriting & sales departments

External Relationships:

• Brokers, Agents, Banks and direct customers
• TIRA

TAT for reconciliation of intermediary balances 

Knowledge, experience and qualifications required

Knowledge, experience and qualifications required

• Bachelor degree (Accounting and Business related options preferred)
• Knowledge of insurance regulatory requirements
• Knowledge of Britam products