Reinsurance Administrator

Details of the offer

Commercial Underwriting – Commercial Portfolio Management (CPM), Reinsurance Administration in the CPM CoE is looking for an individual with strong analytical skills and the ability to build good relationships. The successful candidate will have good communication and negotiation skills, with a 'can-do' attitude, and will be based in Parktown.Job PurposeThis job family stream is concerned with managing risk by providing Reinsurance Administrative service and support to both the Commercial Processing Centre (CPC) and Commercial Underwriting team. The Reinsurance Administration role is an administrative and supportive role with a strong system and process focus. The primary focus is to double-capture all FAC policies on the mainframe/PC system and the preparation of the reinsurance tool to ensure reinsurance placement is ultimately accurate and complete. The incumbent will be responsible for managing risk administered on external systems, to achieve, maintain and grow the overall profitability of the CPM channel.Key accountabilities of this role will includeDouble Capture all FAC policies on Mainframe/or PC as per the broker issued schedulesComplete the Reinsurance FAC tool and gather all the necessary information linked to the risk (e.g., Survey report and compliance)The handling of escalations and queries regarding Reinsurance policiesIdentifying re-insurance and taking appropriate action to ensure risk appetite controls are adhered to.Providing quality and correct feedback on high level technical queries.Building networks and relationships with the various role players and liaising and influencing on various levels. Embrace a culture of learning and development.QualificationRE accreditationGrade 12 or equivalentFAIS compliance – 60 credits on NQF level 4Experience and KnowledgeMinimum of 5 years of Commercial lines experience in a risk management environmentCommercial Lines product knowledge on Santam Underwriting practicesUnderstanding of Risk management and the ability to apply risk mitigationWorking knowledge of Re-insuranceInvestigate any rework that is linked to any Insurance Consultant to understand root causes and put in place preventative measuresIdentifying and highlighting risks that may be within the National Survey Policy and ensuring follow through of surveysDelivering a high-value standard of workEnsuring that the information captured promotes the profitability and sustainability of the portfolio and mitigates undue exposureExperience in dealing withMainframeReinsuranceAsset All RiskHigh value risksComputer literacy (Ability to record, analyze and present data in Excel)Relevant system knowledge: Persetel & Web-ESkillsDelivery and results orientationAttention to detail – strong analytic skills required to identify and mitigate riskProblem solvingProducing creative solutionsAdapting to changing circumstancesPerforming under pressureDeciding & initiating actionBuilding networks and good relationsNegotiating and getting agreementGoal setting and prioritisingFlexible and AdaptableDrives ResultsClient FocusClient ServiceQuality ManagementReporting
#J-18808-Ljbffr


Nominal Salary: To be agreed

Source: Whatjobs_Ppc

Job Function:

Requirements

Accounts Reciveable Administrator

Accounts Receivable Administrator Finance Accountable for specialist outputs, as well as initiating quality standards within defined work routines and polici...


- South Africa

Published 14 days ago

Group Financial Accountant

My client who operates in the manufacturing sector is seeking a Group Financial Accountant to support the group with management accounts, taxation, treasury,...


Ca Financial Appointments - South Africa

Published 12 days ago

Graduate Trainee: Cost And Management Accounting

Company DescriptionAt Bosch, we shape the future by inventing high-quality technologies and services that spark enthusiasm and enrich people's lives. Our pro...


Be-It Ltd - South Africa

Published 12 days ago

Senior Financial Administrator: Financial Accounting

Senior Financial Administrator: Financial Accounting (Grade 10)Finance DivisionThe Finance Division invites suitably qualified candidates to join their team....


Rhodes University - South Africa

Published 12 days ago

Built at: 2024-12-24T09:10:30.321Z