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  • Posted: Jul 3, 2023
    Deadline: Jul 6, 2023
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  • Momentum Metropolitan Holdings, formerly MMI Holdings, is a South African-based financial services group was established on 1 Dec 2010, through the merger of Metropolitan and Momentum. We are specialists in long and short-term insurance, asset management, savings, investments, healthcare administration, health risk management, employee benefits and reward...
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    Premium Administrator (Temporary-4 Months Contract)

    Role Purpose    

    • To provide clerical and administrative services to ensure efficient, timely and accurate billing to policyholders in individual and corporate schemes.

    Requirements    

    • Matric 
    • Office administration or bookkeeping qualification (certificate / diploma)
    • At least 2 years’ premium administration or basic bookkeeping experience
    • At least 2 years MS Office experience (Outlook, Word, Excel)

    Duties & Responsibilities    

    • Processing of policy termination instructions from members and corporates within 2 working days of receipt
    • Identifying premium payments and assigning them for allocation
    • Allocating of such payments to and reconciling the payment against, the relevant corporate’s membership detail on Magpi by the communicated deadline date
    • Once each reconciliation is complete, immediately sending of billing statement to respective corporate client
    • Performing credit control activities by regularly following up on outstanding premiums from corporate clients and timeously liaising with the appointed broker where necessary
    • Reporting to the Premiums Manager on a regular basis in respect of inter alia premiums not received, unallocated deposits, reconciliation status, etc
    • Where required, processing of debit order application forms within 2 working days of receipt
    • Processing membership and premium adjustments where required and within stipulated turnaround times
    • Preparing of manual premium refunds where necessary and in accordance with stipulated turnaround times
    • Liaising with customers in respect of premium and membership queries and complaints, with a view to investigating and solving such queries and complaints efficiently, to the client’s satisfaction
    • Where capacity necessitates, providing support to the front office team for overflow work
    • Ensuring that the principles of TCF are delivered across every function performed, with a specific focus on the achievement of TCF Outcome 6 (Customers do not face unreasonable post-sale barriers to change product, switch provider, submit a claim or make a complaint)

    Competencies    

    • Deadline and customer service driven
    • Comfortable liaising with brokers and policyholders
    • A mature approach to dealing with work tasks and challenges
    • A ‘can-do’ attitude with the ability to refrain from getting involved in office politics
    • Resilience and ability to work under pressure
    • Strong sense of responsibility and ownership to ensure that all required work activities are completed within stipulated timeframes
    • Good verbal and written communication skills
    • Organized and focused

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