Job Information
Cash Receipting Associate (Contract)
Company Information
Job Information
Company
Sagicor Jamaica
Website
https://www.sagicor.com/
Contact Name
Contact Email
sagicorjobs@careerjamaica.com
Job Type
Contract
Department
Sagicor Life Jamaica Ltd.
Category
Administrative
Posted
26-03-2024
Job Status
Start Publishing
26-03-2024
Stop Publishing
30-03-2024
[Kingston,Jamaica ]
Description
"Looking for a diverse and rewarding career?
If you're looking to grow your career within a stable and growing financial services company, then Sagicor may be right for you!"
Sagicor Life Jamaica Limited is seeking a suitable candidate to join our Kingston Business Centre team in the capacity of: Cash Receipting Associate (Contract)
- Collect over-the-counter payments and assist with the processing of cheques received by mail (including foreign payments).
- Collect over-the-counter payments for life insurance policies, mortgage and other miscellaneous payments:
- Update clients’ records with payments received.
- Identify anomalies associated with policies being credited as well as the payment of mortgage accounts and take steps to correct these accounts.
- Recommend policies for revival without forms (RWOF) within established Company guidelines once all outstanding premiums have been paid.
- Assist with the processing of cheques received by mail, including foreign payments, by:
- Searching policy records for names, policy numbers and other related information to ensure accurate allocation.
- Recording policy numbers on the back of cheques and update policy records with payments.
- Preparing bank lodgments and batch reports for verification by the Supervisor.
- Balance the daily Batch Reports with receipts produced by:
- Preparing documents and cash/ cheques for submission to the Bank.
- Advising Supervisor of any shortage or excess payment collected.
- Clearly identifying and documenting the float and other amounts not lodged to the bank account, before cash pans are locked in the safe.
- Perform any other duties assigned from time to time.
What do you need?
- Minimum of a Diploma or Associate Degree in Business Administration or related discipline from a recognized institution.
- Successful completion of the LOMA – Parts 1 and 2, or other industry-related designation.
- At least one (1) year working experience in the operations division of a life insurance company.
- Working knowledge of insurance policies and procedures.
- Customer-service oriented.
- Working knowledge of computer software packages including word processing and spreadsheet applications.
- Working knowledge of basic accounting principles.
- Ability to communicate effectively both orally and in writing.
- Good human relations and time-management skills.
If this role is of interest to you, kindly submit an application via Sagicor's career portal no later than March 29, 2024
While we appreciate all applications, only shortlisted candidates will be contacted.
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