To supervise and ensure that the entire premium administration of the institution is well managed with all the Banks in the country.Ensure that premiums received are well accounted for and are credited to the policy holders in consultation with the underwriting Department.
Key responsibilities.
Supports the analysis and reconciliation of FIC premium account discrepancies.Maintaining and applying various commission rates in order to calculate premium payables.Monitors outstanding unpaid client premium.Address non-payment issues with the clients.Assesses client payment history and initiates policy cancellation for non-payment of premium when necessary.Supervise team to ensure banks receive premium deduction letters as per the clients’ agreement.Process mandated deductionsConduct regular audit to ensure that total Policies issued match total policies sent to the banks.C...