Premium Accounting Officer: Cash
Windhoek, Khomas, NA
Who are we?
Sanlam is a leading Financial Services Institution, which provides services in the fields of Individual Life Insurance, Group Life Insurance, Unit Trusts and Asset Management. To give substance to its objective to be fully-fledged Namibian Insurer, Sanlam is increasingly introducing greater financial and technical expertise.
What will you do?
Accurate collection, processing and reconciliation of premiums received on the daily bank statements for processing on TE, REGENT and CLASS.
What will make you successful in this role?
Receipting
Daily:
Recon of daily bank statements (Mapping and Authorising).
Send emails to Bank Windhoek on all unknown deposits daily, if any.
Recon of POS Swipe machines, Airtime City and PayToday deposits part of the above process.
Timeously allocation for various Sanlam Cash Schemes (Affluent Monthly).
Clear all bank statements through allocations of deposited monies.
Preparation of daily Requisitions.
Effective handling of Group Mailbox – Premium Admin Cash Enquiries
Adhere to FIA compliance Programs
Effective handling of user data management
Effective follow up system to ensure prompt and correct feedback
Weekly:
Follow up on unknown deposit requests with Bank Windhoek
Check Orphan-Other, Orphan-Cash, and ALL other Orphan baskets on TE & request copies of deposit slips from Bank Windhoek for allocation on TE.
Monthly analysis/stats on:
Cash Allocations
Cash Unallocated
Schemes Splits & Allocations
Confirm allocations are done correctly – Orphan Payment Report daily, Pay point allocation Report.
Suggestions on ongoing basis in order to improve workflow and systems.
Auxiliary duties as required by Management:
Keep up to date with changes in technical as well as workflow arrangements in the office.
Back up where needed.
Qualification and Experience
Grade 12 or Equivalent
Tertiary education with Mathematics and/or Accounting is an added advantage
A diploma/degree in the financial field will be an added advantage
2 years proven working experience in a Premium Administration environment
Knowledge and Skills
Excellent English (verbal & written) language skills
Accounting and/or Mathematical Skills
Excel, Class, Regent, Outlook, Legacy, Access and TE.
Attention to detail, accurate and organised;
Work under pressure and with a sense of urgency;
Ability to meet deadlines;
Strong administrative skills;
Service centric
Must be driven for results
Planning and organising
Time management skills
Communication skills (written and verbal)
Positive attitude at work
Stress management skills
Professionalism and office etiquette
Team player and supportive of colleagues
Integrity (work ethics)
Pro-activeness and initiative
Self-development drive and Self-confidence
Personal Attributes
Build a successful career with us
We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.
Core Competencies
Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
Our commitment to transformation
The Sanlam Group is commited to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are the key components to ensure a thriving and sustainable business in Namibia. The Group’s Employment Equity plan and targets will be considered as part of the selection process.
