New Business Administrator

3 days ago

Centurion, South Africa Momentum Metropolitan Holdings Full time

-Introduction

The Retail Life Insurance department is looking for a self-driven, creative professional who wants to grow their career in supporting clients to financial health. Myriad is Momentum's market-leading life insurance product, providing life cover to clients in South Africa. Our Myriad product aim in partnering with our clients on their journey to success. We strive to find opportunities in every risk and ensure that current and potential clients can benefit from our innovative solutions. Part of the reason why Myriad has the unique ability to develop superior, forward-thinking products and benefits is because we make it our business to understand our clients' varying needs.
Role Purpose

The main purpose of a New Business Administrator is to provide efficient and effective administration support to the business (internal and external stakeholder/clients) in order to ensure the smooth running of the New Business area.
Requirements

**Experience and Qualifications**
- Matric/Grade 12 is required
- Relevant qualification (Desired)
- Minimum of 2 years administration experience (Experience in financial industry is preferred)
Duties & Responsibilities
- Check Myriad cases, update system, set requirements and accept relevant cases.
- Internal administration/ underwriting. Ensure quality of data.
- Bank verification -; verify banking details
- Assign internal admin queries to admin/underwriting with detailed description of the query.
- Update all mistakes and provide feedback in the monthly report.
- Provide solutions to assigned queries within agreed time frame.
- Assist with queries on the database and from phone calls.
- Provide assistance for branches and internal staff around processes and system. Effective and consistent service delivery and support to all clients.
- Identify financial and business risks to the company and escalate accordingly.
- Minimize the company's loss by controlling excessive wastage.
- Contain costs within budget parameters.
- Quality control and checks on Legal document
- All received information are updated onto the system correctly within the agreed time.
- Set new requirement when needed and remove relevant requirements after actions.
- Audit function on quality of captured detail.
- Comprehensive FICA checks and process.
Competencies
- Examining Information
- Checking Things
- Producing Output
- Team Working
- Following Procedures
- Taking Action
- Meeting Timescales
- Managing Tasks

Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

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