Credit Control Assistant

CIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi

Purpose:

To ensure that debts are managed and maintained at it’s minimal. To ensure that there is strict adherence to the credit policy.

Primary Responsibilities:

• Participate in implementation of the company’s credit control policy;
• Sending monthly commission and debtors statements and resolve incoming queries on outstanding accounts from intermediaries;
• Apply reminders on account to ensure debts are paid in a timely manner and full follow through by relevant intermediaries;
• Referring of uncollected debts to debt collection agencies, managing legal action and reference to the Credit Reference Bureau (CRB);
• Drive collection of premium debited on a monthly basis;
• Tracing and pursuing long outstanding debtors and where possible, assess capacity to settle debts;
• Follow up bounced cheques and contacts the clients for replacements as and when it arises and provides a monthly report;
• Check remittances (RTGS, EFT, IPFs) and facilitate receipting within 24 hours and monitor daily receipting and banking of all premiums received;
• Visit and call intermediaries for follow up on collections and reconciliations to provide a weekly report

Education

• Bachelor’s Degree in a relevant field
• Professional Qualifications
• Computer literate in MS Office and other office applications
• CPA, ACCA or Certificate in credit control management
• Experience Required:
• 2 years Relevant experience