Premium Administration Officer

Metropolitan Life Insurance Ghana LTD is a reputable insurance company with a vision to be the preferred lifetime financial wellness partner, with a reputation for innovation and trustworthiness.

We are hiring urgently. Are you a proactive and result-oriented professional looking for a new opportunity with a prestigious fast-paced Life Insurance Company? If your answer is “yes” this is the position for you.

Role Purpose

• Responsible for collections and clients details update

Duties & Responsibilities

• Ensure the collection of new business premiums.
• Collect premiums from assigned premium deduction sources to be applied to both old and new policies.
• Update premium and policy movement on the system.
• Re-submit application forms that were not processed and follow up to ensure that premiums are deducted.
• Update banks on changes in premiums and deletions.
• Report on the premium collection and mandate processing rate.
• Assist the Manager with correspondence with clients, sales representatives, Branch managers, and Institutions.
• Perform any other tasks assigned by a supervisor within the scope and context of the job

Competencies

• Business acumen, written and verbal communication, Analytical Skills, Proficient in MS. Office (MS. Excel & Access), and self-awareness are some of the required competencies

Requirements

• First degree in Actuarial or Statistics or a related field from a recognized university.
• Two (2) to three (3) years experience in a similar role.
• Experience in the financial services industry is an advantage