Company Info
Large organization
Coronation Insurance Plc
101 to 150 Employees
Coronation Insurance Plc has been in business for over 50 years, providing a wide variety of insurance coverage. Wapic, which was founded in 1958, has created a strong franchise in Sub-Saharan Africa’s main markets and has two subsidiaries: Coronation Life Assurance Limited and Coronation Insurance (Ghana) Limited. The Company has a history of providing discerning clients with efficient and transparent insurance solutions; a culture that reflects the company’s strength and leadership.
Title: Bank Reconciliation Officer
Location: Lagos
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 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
- 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
- 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.
- Professional certification such as CIIN, ACCA, ICAN or relevant qualification
- Minimum of 5-7 years relevant experience in the Insurance industry
Required Skills and Competencies
- Operations Management.
- Process Improvement.
- Strong knowledge of IFRS
- Excellent mathematical and statistical skills.
- Insurance principles and practices.
- Financial and Management accounting.
- Process Improvement.
- Product Knowledge.
- Organizational skills.
- Excellent time management skills.
- Strong Knowledge of underwriting, payments and collections.
- Understanding of Accounting.
- Understanding of the local and global financial services industry.
- Stakeholder Management.
Deadline: Not Stated
How to Apply: Interested candidates should send resume and credentials to [email protected] Using Job Title as Subject