Credit Control Officer at AIICO Insurance

Job Summary

• The Credit Control Officer is responsible for managing and controlling the company’s receivables / payables, ensuring both brokers and insurance company accounts are properly reconciled.

Roles and Responsibilities

• Reconcile brokers and insurance company accounts, ensuring all premiums, claims, and payments are accurately recorded.
• Timely payout of commission earned to the brokers and agents.
• Timely payout of coinsurance payments Naira / USD.
• Prompt journal raising and posting, with other delegated tasks.
• Prepare regular reports on outstanding debit notes, providing analysis on aging accounts and overdue payments.
• Reconciliation of claims recoveries.
• Attend to internal and external audit request.

Core Competencies:

• Communication: Strong written and verbal communication skills to liaise with clients and internal teams effectively.
• Problem-Solving: Proactive in identifying and resolving payment issues or customer concerns.

Functional Competencies:

• Technology Proficiency: Proficient in using accounting software, spreadsheets (e.g., Excel), and other financial tools.

Education and Experience

• Education:
  • BSc / BA in accounting, finance or a relevant field.
• Professional Qualification:
  • Professional certifications such as ACA, ACCA, etc are an added advantage