Job Description

Posted on May 26, 2021

Main Duties/Responsibilities
Monthly reconciliation of debtors accounts and circularization of statements
Following up on reconciling items with the customers and respective business units to ensure that the correct debtors balances are always carried in the accounting system
Enforcement of the credit control policy across the business
Receipting of all premiums and funds that come through the business and ensuring that these are correctly and properly allocated to the correct customers
Preparation of Reinsurance Bordeaux Returns on a Monthly and quarterly basis
Technical accounting – ensuring that the reinsurance account balances both on the Income Statement (premiums ceded, commission earned and claims recoveries) and the Statement of Financial Position (SOFP) (reinsurance premiums payable and reinsurance receivables) are reconciled with the reinsurers on a monthly basis with respective sign-offs
Perform on a monthly basis operational key reconciliations between the underwriting system and the
Finance accounting system and any other balance sheet accounts as may be assigned from time to time
Management of the agent’s commission and operations production report
Claims processing and reconciliations of Individual Life Business (checking of claims from the underwriting system and loading of payments onto the bank)
Processing of Group Life and Credit Life invoicing on a regular basis
Processing of agents’ commissions and annuitant’s payroll
Any other duties as assigned
Minimum qualifications and experience
Degree in Accounting with full/final stage of professional accounting qualifications such as ACCA/CIMA/ZICA
At least 3-4 years in a demanding accounting office
Working knowledge of excel and Microsoft application
Working Knowledge of accounting packages SAGE 200 or 300 will be an added advantage
Good communication skills both oral and written
How To Apply
Interested candidates who meet the minimum qualifications should apply to the Head of Human Resources, Sanlam Life Insurance Zambia Limited, Zenera House, Corner Lagos and Lubuto Roads P.O. Box 31991, Lusaka Zambia or email to vacancies@sanlam.co.zm not later than Friday 28 May 2021.
Only shortlisted candidates will be contacted.