Location: Windhoek, Khomas, Namibia
Company: Sanlam Group
Who are we?
Sanlam Namibia 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 Namibia is increasingly introducing greater financial and technical expertise.
Purpose of the position
Accurate collection, processing and reconciliation of premiums received through Employee Stop Order on Sanlam Affluent, Sanlam Entry Level Market, Sanlam Funeral, REGENT, CLASS and Legacy policies.
Main Duties and Responsibilities
Correct and on-time scheduling to all Pay Points
Correct and on-time balancing of all Pay Points breakdowns
Allocation of premium payments to all Commercial stop order policies
Administration of all reversals and rejections
Payment administration of Legacy policies
Daily collection and allocating of payments from bank statements on Sanlam Affluent, Sanlam Entry Level Market, Sanlam Funeral, Sanlam Capricorn, Regent, Class
Handling of GB103 account
Effective administration and follow up on outstanding proof of payments
Completions of Class reconciliation sheets
General enquiries
Qualification and Experience
Grade 12 or equivalent qualification
A diploma in the Financial field will be and added advantage
Tertiary education with Mathematics and/or Accounting will be an added advantage
At least 1 year working experience in the Premium Administration and Retention field will be an added advantage
Knowledge and Skills
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 four business clusters – Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, 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.
The Sanlam Namibia 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.
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