Financial Insurance Admin Team Leader - KZN at Six Senses

Qualifications and Requirements:

FINANCIAL INSURANCE DUTIES:

You will be responsible for the following:

• Sign off monthly collection tapes and release in Qsure
• Sign off bank reconciliations per business unit
• Sign off premium payment bordereaux
• Sign off Broker commissions and fees (based off income sheets)
• Sign off agents/ subagents
• Release payments made on Qsure (Ad hoc collections, refunds, insurer/premium)
• Requesting any changes on Qsure – Manage Insurer agreements, beneficiaries, users.
• Manage any integration between SystemA and Qsure (Fusion)
• Assist with insurer queries
• Understand business unit requirements to assist brokers on the best way to load a policy
• Keep Internal TIAL admin abreast of any changes in insurance that must be affected within SystemA. (Compliance, changes to reporting that insurer request)
• Understand the business rules and assist the business analyst with any queries relating to the financials of the respective business unit.
• Implement any rule changes with the business analysist to ensure the revenue is captured correctly in the financials
• Assist with reporting in PowerBi for anomaly reporting (GEAR/One Loyalty/SASRIA)
• Assist with any query relating to premium bordereaux.
• Liaise with TIAL regarding any amendments or additions to reporting, this includes the information as well as formatting required by the insurer.
• Liaise with TIAL regarding the setup and amendments to data dumps sent to insurers to ensure that the information balance back to the premium payment bordereaux
• Keep up to date and understand new products coming through. Setup of the product as well as the disbursements of funds to relevant beneficiaries
• Assist with the automation of payments (finance app)
• Update processes to include automation
• AD HOC
• Manage staff

DEBTORS/CREDITORS:

You will be responsible for the following:

• Ensure proper debtor’s controls are implemented and adhered to thus reducing the risk of bad debt and late collections.
• Ensure proper payment controls are implemented and adhered to thus reducing the risk of over payment, early payment, fraudulent payment, and misallocations to policies.
• Propose and implement improvements in internal controls to facilitate accurate and timely reporting.

GENERAL:

You will be responsible for the following:

• Develop external relationships with appropriate contacts (insurers, bankers, and brokers)
• Keep abreast of changes in financial regulations and legislation.
• Develop operational mechanisms that minimize financial risk.
• Please note that if you have not received a response within 14 days of submitting your application that your application was unsuccessful.
• However, please keep a lookout on our website, www.sixsense.co.za for available positions which may be inline with your career aspirations.