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Retentions Manager

Retentions Manager
Company:

Nedbank


Details of the offer

Job Classification Job Requisition - 134592 Closing Date - 19 July 2024 Location - Durban Cluster - Nedbank Wealth - Insurance TA Consultant: Nozi Masabalala Please Note: Preference will be given to applicants from Underrepresented Groups Job Family Administration, Operations and Facilities Career Stream Operations Leadership Pipeline Manage Others FAIS Affected Job Purpose To manage and lead a team of administrators in order to facilitate the processing of both internal and external client instructions on behalf of the relevant department.
Job Responsibilities Minimise expenses by using cost effective processes and staying within the operational budget.
Review and implement pro-active and reactive retention strategies and campaigns to maximum staff efficiency, policy tenure and premium collection.
Ensure turnaround times are met through processing financial transactions within the Service Level Agreement (SLA) requirements.
Ensure effective management of work by adhering to stipulated timeframes and quality delivery of work.
Develop and maintain collaborative relationships with external clients through offering quality service and meeting turnaround times.
Manage trusting working relationships with internal stakeholders through engagement sessions, appropriate reporting and regular communication.
Ensure client satisfaction by understanding and meeting their required needs.
Manage the performance of staff by putting in place resource plans that include work allocation and clear accountability.
Manage quality of work by performing quality checks and taking corrective action where necessary.
Improve the performance of the team through multiskilling, job enhancement, process improvement etc.
Manage quality of work by ensuring process standards are implemented and continuously met and corrective action where necessary.
Drive operational improvement by identifying and implementing appropriate solutions.
Manage performance of staff by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognising and rewarding achievement and take appropriate corrective action where required.
Job Responsibilities Continue Mentor and coach staff on identified performance gaps by discussing these performance gaps and agree on appropriate action to be taken.
Motivate staff to perform and contribute to the success of the business by creating environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision making processes.
Stay abreast in field of expertise and deliver on the expectations from stakeholders by building capability of self and staff through identifying current and future training and development needs.
Contribute to team effectiveness by following the recruitment process when recruiting talent.
Maintain a capable high performing team and ensure an environment for optimal performance is created by identifying talent pool through conducting career conversations, utilising the talent grid principles and developing talent retention programmes (e.g.. rotation).
Ensure self and staff understand and embrace the Nedbank Vision and Values by leading by example and re-enforcing values during meetings.
Manage the on boarding process of new employees by ensuring execution of preparations according to the on-boarding check-list.
Ensure transformational targets are met for own team through consideration of targets during the staff recruitment, retention and training process and utilising suppliers listed on the preferred supplier list.
Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g.
staff surveys etc.).
Address issues raised in culture surveys by participating in the development and implementation of action plans.
Create a client service culture through various required interventions.
Achieve operational excellence by supporting the implementation of business optimisation improvement through team engagement.
Encourage team to generate innovative ideas and share knowledge.
People Specification Essential Qualifications - NQF Level Matric / Grade 12 / National Senior Certificate Preferred Qualification NQF Level 5 FAIS Qualification.
Essential Certifications Regulatory Examination Certificate (RE 5)  Minimum Experience Level 3 - 5 years' experience leading a Team in the banking environment.
Technical / Professional Knowledge Banking knowledge Business Acumen Data analysis Governance, Risk and Controls Industry trends Principles of financial management Principles of project management Relevant regulatory knowledge Relevant software and systems knowledge Decision-making process Behavioural Competencies Building Partnerships Earning Trust Coaching Collaborating Decision Making Work Standards Leadership Disposition Planning and Organizing --------------------------------------------------------------------------------------- Please contact the Nedbank Recruiting Team at +27 860 555 566


Job Function:

Requirements

Retentions Manager
Company:

Nedbank


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