Premium Administration Officer

Cornerstone Insurance Plc is the first insurance company in Nigeria to provide customers with an online platform for insurance transactions. Little wonder why Cornerstone Insurance Plc. was adjudged as the ‘Best Use of IT in Insurance Service’ 2013, by the Financial Technology Magazine and also Lagos Chamber of Commerce and Industry Awards for 'Best Online Insurance Company of the Year' 2015 to name a few.

We are recruiting to fill the vacant position below:

Job Position: Premium Administration Officer - Life Operations
Job Location: Lagos

Job Description

• Preparation of Statement of Accounts for maturity, surrender and loans
• Management of inquiries relating to premium collection from various internal/external Clients;
• Prepare statement of account, where requested, to also send out statement of account to all clients on a yearly and/or half yearly basis.
• To vet generated statement against the captured inflows to ensure that there is no under or over statement of the client’s account
• Investigating administration discrepancies and matching receipted premiums against bank balances
• Adherence to teams SLA or operational manual
• Group Life commission processing and Individual Life commission schedule generation
• Other tasks/responsibilities as assigned/required

Requirements

• First Degree (i.e. HNd/BSc/B.Ed/B.A/e.t.c)
• Experience
• A minimum of two years of experience in Life Premium Administration