Coronation Insurance is a leading West African full line insurance company offering a diverse range of products and services covering life, general and special risk businesses. Coronation Insurance is licensed to underwrite all classes of insurance, such as fire and special perils, goods-in-transit, all risk insurance and life insurance for both Individuals and Corporate entities.
We are recruiting to fill the position of a Bank Reconciliation Officer.
Principal Duties & Responsibilities
- Ensure daily reconciliation of all bank accounts within the company
- Rendition of daily proofs of all operational GLs in the company
- Ensure documentation and schedules are promptly provided by relationship officers
- Ensure prompt posting of all sales recorded
- Work closely with underwriters, CPU and the sales team to ensure all identified variances are promptly resolved
- Ensure prompt resolution of all outstanding items
- Ensure prompt submission of reports to Internal control and other stakeholders
- Ensure all GL entries are backed up with documentation and approvals
- Reconciliation of all premium inflow into the accounts and sending periodic statements of accounts to brokers
Education and Work Experience
- Bachelor’s Degree in Insurance, Finance, Accounting or any related discipline.
- 5-7 years of relevant experience in the Insurance industry
- Professional certification such as CIIN, ACCA, ICAN or relevant qualification
Required Skills and Competencies:
- Operations Management.
- Process Improvement.
- Strong knowledge of IFRS
- Product Knowledge.
- Organizational skills.
- Excellent time management skills.
- Strong Knowledge of underwriting, payments and collections.
- Understanding of Accounting.
- Excellent mathematical and statistical skills.
- Insurance principles and practices.
- Financial and Management accounting.
- Process Improvement.
- Understanding of the local and global financial services industry.
- Stakeholder Management.
Method of Application
Interested and qualified candidates should apply with their updated Resume and credentials
