Premium Administration Officer (2 Positions)

Vanguard Life Assurance Company Limited

Vanguard Life Assurance (VLA) Company Limited is a fast growing locally registered financial services company which started its operations on 1st January 2001. Its line of business is the provision of financial security through Life Assurance investment solutions and other related financial services. It also has a subsidiary, Vanguard Pension Services Company Limited, which champions reputable administration of pensions.

We have job opportunities in our both Companies and, therefore, seek to recruit suitably qualified and experienced candidates for the following position:

Position : Premium Administration Officer (2 positions)
Reporting to : Supervisor – Individual Life Administration
Direct Subordinate : None
Contract Type : Full Time
Location: Blantyre

Position Overview:

The incumbent is responsible for submitting billing to various banks for processing.

Responsibilities and Duties:

  • Submit billing to various banks for processing.
  • Update the billing schedules when they are additions and exits.
  • Reconcile premium received against premium applied monthly.
  • Do premium application for individual receipts on monthly basis
  • Process policy loans.
  • Process agents monthly commission.
  • Send clients reminders on premium arrears

Required Qualifications, Experience, and Attributes:

  • Bachelor of Business Administration, Marketing or equivalent Diploma in Insurance or equivalent
  • Minimum of 1 year experience
  • Time management
  • Ability to work with minimal supervision.
  • Attention to detail.
  • Good communication skills

Qualified and interested candidates should apply to the address below, enclosing copies of relevant academic and professional certificates, and curriculum vitae indicating three names of traceable referees with valid telephone numbers and email addresses. All applications must reach the addressee by close of business on Friday, 20th September 2024.

The Human Resources Officer
Vanguard Life Assurance Company Ltd
Old Air Malawi Building
Robins Road
P.O. Box 1625
BLANTYRE

OR

Email: recruitment@vanguardlifemw.com

“Vanguard Life Assurance Company Limited is an equal opportunity employer, so, all qualified applicants will receive consideration for employment on merit without regard to race, colour, religion, gender, tribe, disability status, or any other characteristic protected by law.”