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Assistant Credit Controller

Jubilee Insurance KE
Nairobi, Kenya

Salary rangeConfidential | Contract type: Permanent

You have 1 days left to apply for this job.

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Job Summary

  • Any Business-Related degree
  • CPA Part 1/Credit Management /any insurance course
Relevant Experience


Role Purpose
To ensure that all payments are made as per agreed timelines with 100% accuracy
Main Responsibilities
Financial Controls
  • Ensure agents’ commissions and overrides are paid. Also ensure timely communication and release of commission statements
  • Ensure WHT taxes are paid within the KRA timelines.
  • Respond to commission queries within 24 hours
  • Ensure that refunds and WHT are paid as per guidelines
  • Confirm the premium payment position for all clients, launching claims within 24 hours
  • Management of intermediary accounts by ensuring proper records are maintained
Financial Planning and Analysis
  • Ensure that commission reports are released to Treasury in advance to ensure adequate funding
Financial Reporting
  • Timely preparation of audit and regulator schedules
  • Follow up on end-year audit confirmations
  • Ensure all audit queries are timely closed
  • Resolution of outstanding items with intermediaries-Brokers, agents and individuals
  • Ensure cordial bank relations with all banks and ensure timely processing of IPF
Compliance and Internal Controls
  • Circulating commission statements on a monthly basis
  • Account opening for new clients.
  • Processing of certificates by the insurer for new and existing brokers and agents.
  • Ensure that commission is fully automated with the right bank details

Job Requirements

Required education: Bachelor's degree
Required relevant work experience: 6 months
Required languages: English (Spoken: fluent | Written: fluent)
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