Insurance Specialist

2 weeks ago

Johannesburg, Gauteng, South Africa Absa Bank Limited Full time
Bring your possibility to life Define your career with us

  • With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary


To provide specialist advice and support in area of specialisation guarding against risk, in alignment with Group Corporate Insurance policies.


Job Description:

Overall Job Purpose

  • Provide specialist underwriting expertise, support and guidance to address operational issues in the business
  • Continuously identify and give input on ways to improve operations in the business
  • Compliance and

Risk Management:
Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards

  • Administration: Ensure the effective fulfilment of all required administrative duties, including tracking and reporting
  • Work closely with the Head of Corporate Insurance and senior managers in the team to administer Group Corporate Insurance policies
  • Building and embedding a suitable framework for the administration of Group insurance policies and claims management across Africa, US, UK and Prague.
  • Ensure effective purchase strategy and execution for annual Group corporate insurance renewals.
  • Be involved in the placement and claims administration to ensure timely recoveries.
  • Development of the risk governance framework, policies and procedures within Absa for Insurance Risk.
Key Accountabilities

Accountability; Stakeholder Management (30%)

  • Establish effective working relationship/information flow with key stakeholders, across the insurance industry and within the various Businesses and Functions
  • Leverage established relationships with key stakeholders for effective claims resolution
  • Continuously identifying opportunities to improve process efficiency within the team
  • Act as an initial point of entry for queries from stakeholders and attend to queries in an effective and timely manner.
  • Take personal accountability for resolving issues and queries in a professional and timely manner
  • Contribute to the building of an insurance risk culture within the business
  • Responsible for efficient and effective workflow in own portfolio, proactively seeking to maximise productivity and continually acting upon opportunities for process and system improvements
Accountability; Insurance Risk Management (30%)

  • Implement appropriate and robust claims management framework
  • Accountable for the annual review of the Group Insurance policies and standards
  • Design, develop and maintain insurance process flow documents in line with Group policy requirements.
  • Full accountability of any projects related matters pertaining to the Group Corporate Insurance function
  • Conduct research on the best insurance purchasing methodologies and practice
  • Develop, draft and communicate relevant insurance guidance documents and facilitate training of the process with business when claim are logged
  • Enhance systems to facilitate the annual stress and scenario testing of all risk types.
  • Manage compliance of all local insurance regulations.
  • Keep abreast of insurance regulations in countries where the bank has presence and ensure that the Group complies with the relevant regulation
  • Proactively manage an effective control environment
  • Assist and facilitate internal and conformance audits
  • Maintain and log of including audit issue/findings and proactively prepare the internal audit closure document for review by management prior to submission.
  • Establish good relationships with the broader Group risk and corporate functions to ensure that the Group's risks are disclosed to underwriters
  • Collate data and perform Key Risk Scenarios for Insurance Risk
  • Drive a culture of proactive compliance in the function and tracking the team's deliverables against priorities set.

Accountability:
Reporting (40%)

  • Own and support the Head of Corporate Insurance in terms of all governance and reporting related matters of the function.
  • Liaising and collaborating with various stakeholders to ensure that the Governance and Reporting matters are fully addressed
  • Represent the Corporate Insurance function to various Finance and Risk committees
  • Collaborate with Group Corporate Insurance committee members to determine relevant discussion topics and escalation to various committees
  • Prepare and distribute meeting materials, including agendas, reports, presentations and supporting documents in a timely manner before meetings as set out in the terms of reference.
  • Ensure the accuracy of information provided to committee members
  • Assist the Head of the function and senior managers in elevating the function's profile to various stakeholders within the bank
  • Prepare, collate appropriate, accurate and reliable MI to assist in the effective management of Group Corporate

  • Insurance Sales Consultant

    2 weeks ago

    Johannesburg, Gauteng, South Africa CallForce BPO Specialist Full time

    Insurance Sales ConsultantCallForce is an award-winning BPO service provider delivering innovative and customised contact centre solutions from South Africa to the global market. Join us as an Outbound Sales Consultant and be part of a thriving team with many career development opportunities.Your sales experience in the insurance industry and your ability to...

  • Insurance Sales Consultant

    2 weeks ago

    Johannesburg, Gauteng, South Africa CallForce BPO Specialist Full time

    Insurance Sales ConsultantCallForce is an award-winning BPO service provider delivering innovative and customised contact centre solutions from South Africa to the global market. Join us as an Outbound Sales Consultant and be part of a thriving team with many career development opportunities.Your sales experience in the insurance industry and your ability to...

  • Mibusiness Insurance Specialist

    2 weeks ago

    Johannesburg, Gauteng, South Africa Sanlam Limited Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Create Alert Location: Johannesburg, Gauteng, South Africa Who are we? MiWay is a direct financial services company. We are passionate about service excellence, convenience and offering our clients superior value products. Our Vision is to be a world-class direct...

  • Head: Rest Of Africa

    2 weeks ago

    Johannesburg, Gauteng, South Africa Santam Insurance Full time

    Head: Rest of Africa & International Business Development - Santam Specialist SolutionsJohannesburg, Gauteng, South AfricaHead: Rest of Africa & International Business Development - Santam Specialist SolutionsTo assist and support the various Specialist Solutions BU's in achieving their ROA and International business growth strategies and GWP targets.What...

  • Head: Sa Market Business Development

    2 weeks ago

    Johannesburg, Gauteng, South Africa Santam Insurance Full time

    Head: SA Market Business Development - Santam Specialist SolutionsJohannesburg, Gauteng, South AfricaHead: SA Market Business Development - Santam Specialist SolutionsTo build and maintain a relationships with both national brokers and clients, representing all lines of business within Santam Specialist Solutions. Assisting and having a positive impact on...

  • Mis Specialist

    2 weeks ago

    Johannesburg, Gauteng, South Africa Santam Insurance Full time

    Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. Our success is rooted in our passion for our clients and everything we do is centred on our...

  • Internal Audit Specialist: Underwriting

    2 weeks ago

    Johannesburg, Gauteng, South Africa Santam Insurance Full time

    A position as Specialist Internal Auditor: Underwriting exists in Group Internal Audit: Santam Corporate Services based in Sandton. The incumbent will be responsible for conducting various types of assurance and consulting reviews across the Santam Ltd Group (includes subsidiaries, portfolio managers, underwriting agencies and international partners). This...

  • Non Motor Desktop Assessor: Specialist Real Estate

    2 weeks ago

    Johannesburg, Gauteng, South Africa Santam Insurance Full time

    Johannesburg, Gauteng, South AfricaSantam's Tailored Claims Solutions department has positions available for a Non Motor Desktop Assessor: Specialist Real Estate based in Centurion. JOB DESCRIPTIONThe purpose of this position is to determine the quantum and merit of segmented non motor claims by performing investigations, verifying the description of the...

  • Short Term Insurance Claims Data Specialist

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryShort Term...

  • Business Insurance Specialist

    2 weeks ago

    Johannesburg, Gauteng, South Africa Energy at Work Projects Full time

    Our organization is a licenced non-life insurer and financial services provider, offering customers a range of non-life insurance products including motor, household, homeowners, business insurance - as well as liability cover. we are fanatical about delivering an awesome customer experience. We view this as a real differentiator and are passionately...

  • Underwriting Specialist

    2 weeks ago

    Johannesburg, Gauteng, South Africa Bryte Insurance Full time

    Our opportunityThe role of the underwriter is to analyses and underwrite new and existing policies effectively within delegated authority limits to achieve agreed levels of underwriting performance by providing technical underwriting support and assistance. To provide high quality service and solutions to brokers and customers to ensure business retention...

  • Claims Specialist- Engineering

    2 weeks ago

    Johannesburg, Gauteng, South Africa Santam Insurance Full time

    Johannesburg, Gauteng, South AfricaThe main purpose of the job is to administer all claim assessments, assessor appointments, corresponding with brokers and service providers and attending to claim documentation. It further involves building relationships with brokers by responding to queries and other outstanding matters and saving of claim correspondence....

  • Solution Specialist

    2 weeks ago

    Johannesburg, Gauteng, South Africa FirstRand Short Term Insurance Full time

    Description To manage the development of innovative solutions and ensure that existing solutions are effectively delivered and provide business value To define business requirements, managing and facilitating the development process from concept through to launch, maintaining a focus on identifying and meeting market requirements and achieving business...

  • National Porfolio Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Bryte Insurance Full time

    The role holder is responsible for leading and managing employees as well as the successful implementation of processes and procedures relating to all Portfolio Managers and sales functions nationally operating from our Head Office at the Rosebank Towers, Johannesburg.Key Task & Accountabilities This role reports into the CEO of Bryte Specialist Motor (BSM)....

  • Actuarial Specialist

    2 weeks ago

    Johannesburg, Gauteng, South Africa Edge Executive Search Full time

    Actuarial Specialist Permanent Tea00010 Banking Gauteng, JHB Central Annually Cost To Company (Negotiable) The role of the Pricing Actuarial Specialist is to support the Head: Actuarial Short Term & Life with all product development and pricing functions. The Pricing Actuarial Specialist will clean, consolidate, validate and analyse data including policy...

  • Head Technical Marketing

    2 weeks ago

    Johannesburg, Gauteng, South Africa F & G Sourcing Specialist Full time

    Our reputable insurance client is seeking a Head Technical Marketing & Communication to join their team based in Johannesburg.Salary: Market RelatedRequirements: Bachelor's Degree applicable major preferred (Actuarial/Statistics/Applied Maths). Minimum of 10 years strong Data Analysis & Management experience is required. Minimum 5 years' experience in...

  • Insurance Policy Administrator

    2 weeks ago

    Johannesburg, Gauteng, South Africa Trafalgar Property Management (Pty) Ltd Full time

    Trafalgar is the leading residential letting agency across South Africa, letting and managing residential properties across all major metropolitan areas. Trafalgar is dedicated to providing a comprehensive and tailored sectional title and Home Owners Association (HOA) property management service. Trafalgar offers a commercial property management service...

  • Insurance Consultant

    2 weeks ago

    Johannesburg, Gauteng, South Africa Santam Full time

    What will you do?This career opportunity is available at Santam Specialist Business, Niche: Santam Transport for Insurance Consultant, who will be based in Sandton.General policy administration of commercial business which includes issuance of new policies and amendments.Dealing with general enquiries and provide support to management and team.Adhering to...

  • Insurance Claims Consultant

    2 weeks ago

    Johannesburg, Gauteng, South Africa Trafalgar Property Management (Pty) Ltd Full time

    Trafalgar is the leading property rental agency across South Africa, letting and managing residential properties across all major metropolitan areas. Trafalgar has a wide selection of homes to rent, to suit all budgets, tastes and areas. Trafalgar offers full-service sectional title and home owners association ("HOA") property management services across...

  • Business Head: Technical Underwriting And Governance

    2 weeks ago

    Johannesburg, Gauteng, South Africa Santam Insurance Full time

    Business Head: Technical Underwriting and GovernanceJohannesburg, Gauteng, South AfricaBusiness Head: Technical Underwriting and GovernanceThis career opportunity is available within Specialist Solutions, a division of Santam for a Business Head: Technical Underwriting and Governance, who will be based in Johannesburg: Illovo. What will make you successful...