To contribute effectively to the Credit Life team by managing the end-to-end administration of Credit Life policies, including policy and system setup, member data maintenance, billing and payment processing, and customer communications.
Responsibilities
- Administer new and existing policies, including enrolments, renewals, and terminations.
- Maintain accurate member records and system databases, including changes to personal details and payment information.
- Configure policy setups with plan details, benefits, premiums, and individual billing.
- Activate system notifications for new policies and members.
- Prepare and distribute policy documents such as product summaries, certificates of insurance, and annual statements.
- Conduct User Acceptance Testing (UAT) for new policies and system enhancements.
- Process payments for new and existing members, including online transactions, GIRO setups, and recurring payment configurations.
- Liaise with banks, brokers, and customers on payment and policy-related matters.
- Respond promptly to enquiries via phone, email, and shared mailboxes.
- Collaborate with cross-functional teams to ensure operational efficiency.
- Prepare and submit Monthly Business Reports (MBR) and Daily Business Reports (DBR).
- Manage premium collections and reconcile payment receipts accurately.
- Upload and manage policy documents in the imaging system.
- Ensure data integrity and compliance with standard operating procedures.
- Handle member feedback and resolve issues professionally across all communication channels.
- Provide administrative support and manage operational tasks, including billing arrangements.
- Support ad-hoc duties related to policy administration.
Requirements
- Possess a recognized university degree.
- Possess insurance knowledge is an advantage.
- Possess knowledge in MS Office (Excel, Words, and PowerPoint).
- Meticulous, detail-oriented, and good time management skills.
- Good interpersonal, communication and organizational skills.
- Willingness to work and learn in a fast-paced environment.
- Good team player and ability to work independently.
- Minimum 2 years relevant experience in insurance industry and in similar capacity