Accounting Officer (x3)

Website Sanlam Life Insurance Zambia Limited

Job Title: Accounting Officer

Location: Lusaka, Zambia

No. Positions: 3

Main Duties/Responsibilities
  • Monthly reconciliation of debtors accounts and circularization of statements
  • Following up on reconciling items with the customers and respective business units to ensure that the correct debtors balances are always carried in the accounting system
  • Enforcement of the credit control policy across the business
  • Receipting of all premiums and funds that come through the business and ensuring that these are correctly and properly allocated to the correct customers
  • Preparation of Reinsurance Bordeaux Returns on a Monthly and quarterly basis
    Technical accounting – ensuring that the reinsurance account balances both on the Income Statement (premiums ceded, commission earned and claims recoveries) and the Statement of Financial Position (SOFP) (reinsurance premiums payable and reinsurance receivables) are reconciled with the reinsurers on a monthly basis with respective sign-offs
  • Perform on a monthly basis operational key reconciliations between the underwriting system and the
  • Finance accounting system and any other balance sheet accounts as may be assigned from time to time
  • Management of the agent’s commission and operations production report
  • Claims processing and reconciliations of Individual Life Business (checking of claims from the underwriting system and loading of payments onto the bank)
  • Processing of Group Life and Credit Life invoicing on a regular basis
  • Processing of agents’ commissions and annuitant’s payroll
  • Any other duties as assigned
Minimum qualifications and experience
  • Degree in Accounting with full/final stage of professional accounting qualifications such as ACCA/CIMA/ZICA
  • At least 3-4 years in a demanding accounting office
  • Working knowledge of excel and Microsoft application
  • Working Knowledge of accounting packages SAGE 200 or 300 will be an added advantage
  • Good communication skills both oral and written
How To Apply 

Interested candidates who meet the minimum qualifications should apply to the Head of Human Resources, Sanlam Life Insurance Zambia Limited, Zenera House, Corner Lagos and Lubuto Roads P.O. Box 31991, Lusaka Zambia or email to not later than Friday 28 May 2021.

Only shortlisted candidates will be contacted.

To apply for this job email your details to

Share this with Family and Friends