The Technical Accounts Officer will be responsible for Identifying and verifying accounts in accordance with contract conditions and the specific line of business
- DUTIES / JOB DETAILS
The incumbent will carry out the following functions:
- Managing and maintaining Reinsurance Debtors balances.
- Verifying and analyzing the accuracy of account statements and bordereaux.
- Processing client statements (Cedants/brokers) with lines of business and underwriting year data.
- Efficiently following up on outstanding balances due from Cedants and Brokers for timely payment.
- Preparing relevant payment requests for the balances due to Cedants and Brokers.
- Providing support to Underwriters in managing and maintaining relationships with Cedants and Brokers.
- Posting of all receipts and payments.
- Reconciliation of retrocessionaires’ accounts
- Handling general clerical tasks related to technical transactions and operations
2. COMPETENCIES AND ADDITIONAL REQUIREMENTS
- A fundamental understanding of general accounting principles;
- Comprehensive knowledge of reinsurance principles and operational procedures;
- Detailed oriented and customer service focused;
- Ability to build and nurture relationships to facilitate smooth business transactions.
- Good Presentation and reporting skills;
- Strong organizational skills with ability to manage, prioritize and effectively meet deadlines;
- Problem solving skills with capacity for taking initiatives;
- Reliable, Flexible, creative, with good reasoning and ability to multitask;
- Proficiency in MS Office with strong Excel skills is required;
- A strong sense of integrity and responsibility.
3. MINIMUM QUALIFICATIONS AND EXPERIENCE:
Candidates for this position should meet the following qualifications and requirements:
- Possess a First University Degree in Accounting, Finance, or Insurance
- Professional certification will be an added advantage
- Have a minimum of 4 years of relevant experience in accounting or a similar role within the reinsurance or insurance industry.