Claims Payable Accountant

Claims Payable Accountant

Old Mutual Insurance Rwanda (former UAP Insurance Rwanda) is a subsidiary of UAP Old Mutual Group, member of Old Mutual Limited, an Integrated financial service provider comprising Insurance, Banking, and Investment Business. Old Mutual insurance Rwanda vision is being the Rwandan’s revolutionary financial services company with a commitment to enhance the quality of life by delivering peace of mind and financial freedom

https://www.oldmutual.rw/

 

Role Title:Claims Payable Accountant - 1 Post
Business Unit(s):Rwanda
Business /Function:Finance
Location:Rwanda-Kigali
Reports To:Senior Accountant-Operations
MDP Level:Manager of self
Role SizeL

Job Summary

Responsible for ensuring all claims and performance cash guarantees are well recorded and payments are made on time and ensure up to date service providers/supplier statements reconciliations.

Key tasks and responsibilities

  • Work closely with Claims team and service providers to ensure quarterly service providers balance confirmations are made and analysis on the variances with the company’s records.
  • Responsible for intercompany claims analysis, booking and payments
  • verify and perform analysis on Core systems against Finance system
  • Ensure all General claims payments are settled and share payment proof to the claims department
  • Own weekly payment proposal to treasury unit for the weekly cash flow projections.
  • Keep and maintain proper documentation relating to payments for record-keeping.
  • Work closely with tax accountant on ensuring all taxes related to invoices are well recorded.
  • Adhere to the Finance operations Turnaround time on payment with other departments, directors and external stakeholders
  • Maintain an up-to-date service providers and customers’ file to track payments made.
  • Responsible for the claims payment process and coordination of the whole claims/performance cash payment process in the Finance system,
  • Responsible for in-depth analysis of invoices/claims and contracts and recommend the best practice before payments are made
  • Review claims via core systems, customer reimbursements, cash collateral refunds for appropriate documentation prior to payment
  • Adhere to internal controls and not only limited to claims payments.
  • Support in monthly Balance sheet substantiation with thorough analysis on assigned accounts.
  • The incumbent will be responsible for ensuring adherence to, implementation of, and adoption of Compliance, Anti-Money Laundering (AML), and Sanctions-related policies, procedures, and process requirements within Old Mutual Insurance Rwanda. This includes execution of customer due diligence processes, ensuring compliance with Know-Your-Customer (KYC) standards, conducting ongoing and enhanced due diligence, and maintaining data quality. Additionally, the role involves identifying and monitoring potential AML, Sanctions, or Compliance breaches and unusual activities, and escalating these concerns to the Risk and Compliance Office for further action.
  • Any other responsibilities assigned by line manager or the senior management team.

Qualifications and experience

  • University degree in accounting or related field
  • CPA is an added advantage
  • Minimum of 3 years experience

Skills and competencies

  • Good communication skills
  • Good interpersonal skills
  • Good attention to details and accuracy
  • Thorough understanding of policy covers

Please visit our careers page through: https://oldmutual.wd3.myworkdayjobs.com/en-US/Old_Mutual_Careers/details/Claims-Payable-Accountant_JR-79590?q=claims

Interested candidate are requested to submit their applications by 5.00 p.m. 31st May 2026.

Applicants must possess or be in the process of applying for a POLICE CLEARANCE CERTIFICATE as at the time of making an application.

ONLY short-listed candidates will be contacted.