Credit Control Associate Job in Kenya

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Credit Control Associate Job in Kenya

Credit Control Associate

Key responsibilities:

  • Perform monthly reconciliations for all debtor balances between the Line of Business systems and ERP.
  • Prepare an aging analysis as part of the credit control report to intermediaries. 
  • Collect all outstanding debt from intermediaries and/or customers within the credit control policy. 
  • Circulate debtor statements to intermediaries and engage with the Sales team on collection pipelines. 
  • Prepare demand letters for issuance to intermediaries and/or clients. 
  • Perform regular visits to intermediaries and clients for statement reconciliation and collection of outstanding premiums. 
  • Allocate all premiums received within 2 days from date of receipt. 
  • Advise underwriters to debit or intermediaries to share allocation schedules and engage with cashiers for prompt receipting.
  • Generate accurate intermediary statements. Analyze and reconcile all intermediary statements and circulate on a monthly basis to all stakeholders to facilitate collection.

  • Create and post commission payment vouchers in Line of Business systems and allocate to the respective intermediary statements. 
  • Ensure timely resolution of all intermediary queries. Manage an issues tracker, updated daily with all issues raised.
  • Timely processing and payment of commissions, premium refunds, Risk management fees, Loyalty and intermediaries’ incentives.
  • Any other duties that may be assigned by management.

Key Performance Measures:
As described in your Personal scorecard

Knowledge, experience and qualifications required:

  • Bachelor’s degree in a business related field.
  • CPA part1 or other similarly recognized accounting profession qualification.
  • 1 years of accounting experience in a similar role.
  • Knowledge of ERP AP system and/or experience of using Oracle Financials would be an advantage.
  • Strong computer and business solutions software skills.
  • Strong analytical and problem solving skills.
  • Analytical skills.

Technical/ Functional competencies:

  • Knowledge of insurance regulatory requirements.
  • Knowledge of insurance products.
  • Sales and marketing management skills.

How to Apply


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