Premium Accounting- Team Leader Banks

Location: ,
Job Category:
Job ID: 119448
Employment Type:
Salary:
Posted: 02.26.2025

Occupations:

Accounting-Finance : General-Other: Accounting-Finance
Business-Strategic Management : General-Other: Business-Strategic Management

Job Description:

Job Description

Are you ready to lead in a fast-paced, high-impact environment? We’re seeking a dynamic Team Leader for our Premium Accounting division to oversee complex financial operations and inspire a team toward excellence. If you’re a strategic thinker with a passion for leadership and precision, this is your opportunity to shape the future of accounting in an evolving industry!

About Guardian Life of the Caribbean Limited
Guardian Life of the Caribbean Limited leads the charge in Life, Health, and Pension solutions throughout the Caribbean Region. Our unwavering mission is to cultivate financial freedom for our stakeholders through transformative interactions, fuelled by the relentless power of technology. With innovation at our core, we strive to redefine the landscape of financial services, empowering individuals, and businesses alike to pursue their dreams with confidence and security.

JOB OVERVIEW:
The Team Lead - Banks oversees the bank processing within the department, is responsible for the timely and accurate application of premium payments, assisting with implementing new processes and/or improving on the existing ones. He/ she is required to maintain a high level of accountability and partnership both with internal and external stakeholders to ensure that all exceptions are addressed promptly and do not recur. Additionally, he/ she will assist with all project-type activity related to addressing longstanding reconciliation items and embedding quality controls and accounting efficiency along the process.

JOB RESPONSIBILITIES:

Management of day-to day activities
- Coordination and management of the day-to-day functions of persons responsible for overseeing the application of bank-related payments within the Premium Accounting Team, to ensure work is completed in a timely and efficient manner.
- Distribution of work within the team to ensure efficiency and effectiveness.
- Provide feedback to Management re: staff member’s performance management.
Communicate with internal and external parties to eliminate setbacks/escalations.
- Liaise with bank officers to query unidentified items on the bank statements.
- Liaise with GLOC Finance re: clearing outstanding items relating to Premium Accounting – Bank transactions/responsibilities.
- Respond to escalated queries received from the Branches relating to your team responsibilities.
- Respond to escalated request/queries from auditors.
Audit, Journal & Bank Requests
- Prepare daily analysis of premium credits on all bank accounts (TT, BD, US).
- Ensure all audit request received for the team, are accurately responded to within the given timeline.
- Review and approve journals within the stipulated authorization limits.
- Verify refund requests originating from the team.
- Update online banking reports where applicable.
- Save, format, and approve bank files where applicable.
Report Management and Testing
- Provide information to Management for monthly reporting for submission by the 3WD each month.
- Assist with testing of any new systems or changes to current systems.
- Provide training and guidance to the team members as required.
To perform any other related duties as assigned.

EDUCATION & EXPERIENCE:

Associate degree in Business Administration, Accounting, or any related field from a recognized tertiary level institution.
LOMA 280, 290, ACS 100 and all related parts.
At least 2 years working experience in a similar position.
Experience in a Life Insurance industry is strongly preferred.

ADDITIONAL REQUIREMENT:
As a regulated entity with obligations under the Know Your Employee guidelines, a Certificate of Character is required.

PERSON SPECIFICATION:
The Team Leader - Banks must be meticulous, attentive and a team player. He/she must be able to manage time and resources efficiently. He/she must possess the ability to perform their tasks with speed, accuracy, must be self-motivated and committed to delivery. He/she must demonstrate the ability to identify the team needs for improvements and with natural curiosity, work with the teams within GSSL Operations to ensure excellent customer service is provided.

The incumbent must possess excellent communication and interpersonal skills, must maintain confidentiality and be able to effectively schedule work and meet deadlines. He/she must be proactive and therefore must have proper coordination within the team to ensure high levels of customer service to internal and externa customers at all times.

The Team Leader – Banks must be able to work effectively with the Manager to collaboratively deliver on activities under the teams’ purview. He/she must be able to work in a fast-moving environment and manage deliverables both according to plans and ad hoc requests.

Applications will be treated with the utmost confidentiality.

Job Requirements:

EDUCATION & EXPERIENCE:

Associate degree in Business Administration, Accounting, or any related field from a recognized tertiary level institution.
LOMA 280, 290, ACS 100 and all related parts.
At least 2 years working experience in a similar position.
Experience in a Life Insurance industry is strongly preferred.