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2025/03/20 Recovery & Liabilities Consultant

1 week ago


Roodepoort, Gauteng, South Africa Standard Bank of South Africa Limited Full time
Business Segment: Insurance & Asset Management

Location: ZA, GP, Roodepoort, Ellis Street 4

Responsibilities

1. Ensuring superior customer service delivery
2. Management of the Third party and recovery claims with service providers
3. Achieving the financial performance indicators

Qualifications

Minimum Qualifications:

- Matric
- Must be FAIS compliant
- Computer literate
- Paralegal minimum qualification and LLB would be an advantage

Experience Required:

Insurance:

- 5 years Recovery, Liabilities & Legal experience
- Co-ordinate and collate all supporting documentation on IMS for handover to the legal collection firm appointed.
- Analyse the documentation to ensure that the information is current and all recovery information is included.
- Action any incoming correspondence, telephonic enquiries, paid up letters, filing and ad hoc queries from legal collection firm ito the SLA agreed to.
- Maintain the registers (manual and electronic) kept by the department for all collection matters by clearly reflecting the current status of each case.
- Liaise with the relevant attorney firms offices to obtain the necessary documentation required by the legal collection firm supporting SIL's claim from the Third party.
- Deal with all the queries on a daily basis by liaising with the relevant departments and providers.
- Escalate those queries that cannot be resolved to management so that a decision can be taken timeously.
- Maintain high ethical standards, by ensuring timelines are met and that the data provided is accurate.
- Maintain all bank/departmental records and manage the outsource process by adhering to external and internal service level agreements.
- Identify possible recovery and third party claims and allocate where applicable to the agreed panel attorney.
- Regular audits on the performance of the panel attorneys.
- Checks that all matters where the lawyers accepted a settlement is within the agreed Mandate as a agreed to by the SBFC Directors and refer to management if not in line with mandate.

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