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Seniority (Accounting, finance, banking, insurance)
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AIICO Insurance Plc
Banking + 2 more
Description
Requirements
- Bachelor’s degree in Accounting, Finance, Business Administration, Insurance, or related field.
- Minimum of 2–4 years of experience in finance, accounts payable, or disbursements, preferably in an insurance or financial services environment.
- Familiarity with insurance processes (e.g., claims, benefits, maturity payments) is an added advantage.
- Experience working with financial systems such as TQ, FMS, or other ERP platforms.
- Proficient in Microsoft Excel and general accounting principles.
Responsibilities
- Transaction Authorization (TQ/FMS): Proficiency in reviewing and authorizing various life-related payments using internal financial systems.
- Bank Reconciliation: Ability to reconcile bank statements with internal payment logs and Excel trackers.
- Disbursement Support: Knowledge of insurance disbursement processes, including cheque printing, claims settlement, and benefit payouts.
- Payment Platform Monitoring: Daily monitoring of payment failures and ensuring follow-up actions are taken promptly.
- Documentation and Filing: Accurate and timely preparation of instruction letters and filing of physical records in line with audit standards.
- Excel and Record-Keeping Proficiency: Skilled in using Excel for reconciliation, tracking, and preparing callover sheets.
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