Assistant Accountant
• Receiving premium, receipting, issuing receipts and banking cash and cheques on daily basis.• Keeping a clear record of EFT, RTGS, cheque payments and updating the cashbook register.• Receiving invoices and processing payments when they fall due and within branch limits.• Keeping safe custody of office petty cash documenting all related vouchers. • Keeping safe custody of COMESA cards, insurance certificates, cheques and cash premium collected. • Managing general office expenditures and updating the imprest system for reimbursement.• Preparation of invoices and following up on payments from both corporate and direct clients.• Making weekly, monthly and quarterly reports on unpaid debts and updating the risk level of each insurance agent and broker.• Liaising with partner banks, credit SACCOS and other loaning institutions on asset insurance through bank assurance and IPF.• Liaising with the credit controller in revising new ways on credit controls and implementing the same at the branch level.• Preparing agency and broker commission reports and paying balances when they fall due. • Managing local travel for agents and staff from the branch and booking their hotel reservations. • Assisting in underwriting roles such as premium computation, claim handling, updating valuation reports, raising endorsements and issuing insurance certificates.• Training insurance agents and sales representatives in the region on premium collection and debt recoveries that result in a mutual outcome with clients.• Routinely preparing underwriting reports, detailed cash reports and reconciling variations that arise.• Coordinating with auditors and the head accountant in reconciliation of any arising queries.
