Officer- Group Life Servicing (6 months Contract) at Jubilee Insurance
Confidential
Nairobi, Kenya
Permanent
Published 1 month ago · Expires 3 weeks from now
Job description
## Title: Group Life Insurance Servicing Officer
Role Purpose
The role holder plays a vital role in ensuring the smooth and efficient servicing of group life insurance policies. Responsibilities include managing administrative tasks related to group life insurance policies, providing exceptional customer service to policyholders, and ensuring compliance with regulatory requirements.
Main Responsibilities
Operational
- Conduct detailed reviews of long-outstanding credit and debit balances, verify entries, trace origins of discrepancies, and ensure accurate reconciliation of all identified accounts
- Identify exceptions in aged items within account balances, analyze underlying causes, and prepare concise summaries highlighting proposed adjustments or follow-up actions
- Work closely with internal finance and accounting teams to clarify outstanding items, confirm balances, and support resolution through documentation and evidence-based recommendations
- Ensure that all reconciled accounts are closed out by relevant parties after satisfactory review
- Perform other related duties as assigned to support departmental objectives
Corporate Governance and Compliance
- Adhere to regulatory requirements and internal policies, ensuring compliance in all aspects of group life servicing
- Implement and uphold robust data protection and privacy practices, safeguarding customer information and ensuring confidentiality
- Participate in audits and internal control assessments, addressing any identified gaps or issues promptly
- Stay updated with insurance regulations and underwriting best practices to ensure compliance with industry standards
- Adhere to the laws and regulations of Kenya, the policies and regulations within the insurance industry
Contract Details
This is a 6-month contract position based in Nairobi, Kenya.