Cash Receipting Associate

While we appreciate all applicants, only applications received via Sagicor's career portal https://career4.successfactors.com/career?company=sagicorfinP2 will be considered. Career Opportunities

"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 Branch Administration (Spanish Town) team in the capacity of:

Cash Receipting Associate (Grade 2)

Collect over-the counter payments and assist with the processing of cheques received by mail (including foreign payments).

Location: St. Catherine

As a Cash Receipting Associate, you will:

• 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 lodgements 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 Branch Administrator 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 other job-related duties assigned from time to time.

What do you need?

• Minimum of an Associate Degree in Business Administration or related discipline from a recognized institution.
• At least one (1) year working experience in the operations division of a life insurance company.
• Successful completion of LOMA Parts 1 and 2 designations would be an asset.
• 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 November 1, 2024.

While we appreciate all applications, only shortlisted candidates will be contacted.