Discovery Limited

Servicing Administrator

Discovery Limited  •  Onsite  •  6 hours ago
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Job Description

Discovery Corporate & Employee Benefits

Servicing Administrator

About Discovery

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Corporate & Employee Benefits

Discovery Corporate and Employee Benefits is the first and only employee benefits provider to shape employee behaviour, creating healthier and wealthier workforces. It is an exciting business to be in as we reimagine the way retirement savings and life insurance are brought to companies and employees.

Key Purpose of the role

The key purpose of this role is to administer Group Risk policies and reassurance premiums, reconciling and administering the Vitality Member billed scheme, process annual reviews, pay commission, process Broker changes and to handle all queries relating to any of the above with external and internal clients

Areas of responsibility may include but not limited to

Billing and Administration

Billing Statement Preparation and Correspondence

  • Generate and send accurate billing statements to clients/brokers or billing contacts based on the data and payments made.

Payment Tracking and Reconciliation

  • Monitor incoming payments, match them to bills, and reconcile discrepancies.

  • Keep a running recon per scheme.

Member and Scheme Policy Servicing

  • Maintain up-to-date records of customer billing information, including scheme and member contact details, membership and category movements, and outstanding premium balances.

Query Resolution

  • Address and resolve billing and administration queries or disputes raised by customers in a timely and professional manner.

SOP, Compliance and Documentation

  • Ensure billing practices comply with internal scheme processes, policies and external regulations (e.g. rates, benefit structure, LPG and industry standards).

  • Maintain organized records for quality audits and reporting.

Reporting and Trend Analysis

  • Prepare regular reports on billing activity, outstanding queries, credit control, bad debts, reconciliations and scheme status/trackers for management.

  • Analyze billing data to identify trends or issues.

Collaboration with Other Teams

  • Work closely with finance, claims, underwriting, benefit enhancements, installations, TSC, QA and customer service teams to ensure smooth billing operations and resolve any cross-functional issues.

System Management

  • Use and raise any system issues to streamline billing processes.

  • Ensure data integrity and security within billing platforms.

Personal Attributes and Skills

The successful candidate must demonstrate the following competencies:

  • Continuous Learning and Self Development

  • Collaboration

  • Attention to Detail

  • Self-motivation

  • Integrity

  • Accountability.

Education and Experience

The following requirements are Essential

  • 2-4 years’ Experience as a Servicing Administrator

  • Grade 12

  • Business Related Degree or Diploma

Employment Equity

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply

Discovery Limited

About Discovery Limited

Imagine a world where people live healthier, more enhanced and protected lives… A world in which each organisation is a powerful influencer and responsible corporate citizen, committed to being a force for social good. As a leading innovator in healthcare, wellness, insurance, investments, financial and life planning, Discovery works ceaselessly to make this vision a reality.

Fuelled by our passion for enhancing lives and our desire to innovate, Discovery consistently sets global standards, creating shared value through shared intellectual capital. A testament to this is our Vitality programme, which is both a platform to incentivise people to live healthier lives as well as a channel through which shared value is delivered.

We are a proudly South African-born, global company with health, life and short term insurance operations in South Africa and the United Kingdom, and a presence in Germany, France, the United States, Canada, Australia, Singapore, Hong Kong, Philippines, Thailand, Malaysia, China and Japan through our Global Vitality Network. We uphold our promise of shared value by being a positive disruptor that focusses on bringing about sustainable change in the lives of the people and communities we serve across the globe.

Our Vitality Shared-Value Insurance model has received international recognition, including being ranked 17th in Fortune’s index of 51 companies “changing the world” in August 2015, and named a leading health innovator at the World Economic Forum in January 2017.

Our values of leadership, honesty, innovation and fairness act as our compass, directing our business practices to take advantage of every opportunity while looking for ways to dazzle clients.

With an unwavering commitment to being the best shared value insurance organisation in the world, Discovery is a powerful force for social good.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Johannesburg, ZA
Year Founded
1992
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