Assistant Fund Accountant at Old Mutual Plc

Job Description

• Performs all administration functions required for our various collection platforms
• Managing the relationship between Old Mutual and worksites that have signed the payroll agreement as well as our collection platform vendors
• Ensuring that correct premiums are deducted from employees payroll by providing monthly schedules, and allocating premiums to individual policies, per pay office
• Receives new stop order submissions from the collection channels.
• Reconcile control accounts and follow up to resolve any errors identified
• Checks policy files and compiles channel specific lists.
• Deposits cheque payments received.
• May assist Sales Advisors with presentations specifically related to pay office procedures.
• Manages and checks premium increase deductions on existing books.
• Resolves stop order payment queries. All collections related enquiries/complaints on late payments, non-payments by companies, resignations etc.
• Ensure payment of commission due as per terms & conditions of the payroll agreement
• Continually explore better methods/systems of premium collection with payroll worksites
• Report on the trends, performance on all payroll worksites and collection platforms
• Coach sales force to ensure adherence with payroll worksites.

Requirements

Education:

• Bachelor of Science (B.Sc) in Accountancy (Required)

Skills and Experience

• 2-3 years experience in a similar role.