Servicing Officer - Life Business
Minimum Experience
1 year
Application Deadline
📅 28/11/2026
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Job Description
Job Description
The Servicing Officer is responsible for supporting the administration and ongoing servicing of Group Life and Credit Life schemes. This includes managing policy data, handling member movements, processing endorsements, and ensuring timely documentation. The role ensures accuracy, compliance, and a seamless client experience through effective coordination with internal teams and external partners.
KEY TASKS AND RESPONSIBILITIES
Process policy servicing transactions including member additions, deletions, benefit amendments, and other scheme endorsements
Maintain accurate member and policy records within the administration system and ensure data integrity
Generate and issue policy documentation including certificates, schedules, debit notes, and related correspondence
Reconcile member and premium data to ensure accuracy and consistency across systems and records
Respond to servicing enquiries from clients, brokers, and intermediaries within agreed service levels
Support scheme onboarding, renewals, and ongoing policy administration activities
Collaborate with underwriting, claims, finance, and other stakeholders to resolve servicing issues and support operational efficiency
Prepare servicing reports and monitor outstanding actions, endorsements, and service performance indicators
Maintain complete and audit-ready records in accordance with company policies and regulatory requirements
Ensure compliance with AML, KYC, Data Protection, and other applicable regulatory and internal requirements while safeguarding customer information
SKILLS AND COMPETENCIES
Strong attention to detail and accuracy in data handling
Excellent organizational and follow-up skills
Customer service orientation and responsiveness
Good interpersonal and communication skills
Ability to manage multiple tasks under tight deadlines
Familiarity with policy administration systems and Excel
KNOWLEDGE & EXPERIENCE
1–2 years’ experience in insurance operations
Familiarity with life insurance products and systems
QUALIFICATIONS
Bachelor’s degree in Commerce, Business Administration, Insurance, Finance, or a related business field
Progress towards Professional insurance qualification (e.g., AIIK, ACII, LOMA)