Insurance Head Third Party Strategic Partnerships
2 weeks ago
Job Description
FNB is currently recruiting for an Insurance Head Third-Party (Band B). The role is responsible to lead and manage the third-party insurance operations in FNB.
- Develop and implement strategies for third-party insurance operations, aligning with company goals.
- Monitor financial performance, including budgeting and forecasting aligned to tactical delivery plans for the third-party division.
- Integrate business information, and compare, analyse and produce reports to identify trends, discrepancies and inconsistencies for decision making purposes.
- Drive profitability by identifying cost-saving opportunities in third party relationships.
- Ensure all third-party activities comply with insurance regulations and company policies.
- Identify, assess, and mitigate risks associated with third-party partnerships.
- Conduct regular performance assessments for vendors, focusing on risk, compliance, and service quality.
- Implement and continuously improve risk control measures to safeguard the organisation.
- Cultivate strong relationship with third-party vendors and clients.
- Oversee third-party claims processes, ensuring efficient and fair handling.
- Focus on tactical service plans to deliver and continuously provide a consistent, seamless and positive customer experience.
- Establish mutually beneficial relationships with stakeholders that support thought leadership, innovative and integrated practice solutions.
- Demonstrate leadership behaviour through personal involvement, commitment and dedication in support of organisational values.
The ideal fit for the role:
- Bachelor’s degree in Insurance, Actuarial or Finance.
- Strong knowledge of key technical insurance topics - finance, pricing, risk management and capital.
- At least five years’ experience in strategic and operational insurance work.
- Long-term and short-term insurance experience and knowledge
- Excellent communication, negotiation, and relationship building skills.
- Proven ability to operate at both strategic and detailed level.
- Driven to consistently exceed expectations, strong work ethic and perseverance, with the ability to operate “in the grey”.
Job Details
29/01/25
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