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  • Posted: Mar 15, 2021
    Deadline: Mar 31, 2021
  • Old Mutual Nigeria consists of a Life Assurance and Short-Term Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances.
    Read more about this company


    Assistant Fund Accountant

    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.



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

    Skills and Experience

    • 2-3 years experience in a similar role.

    Method of Application

    Interested and qualified? Go to Old Mutual Plc on to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

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