Job Description

Hello Future Product Specialist

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our team in FNB COMMERCIAL , you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now's the time to imagine your potential in a team where experts come together and ignite effective change.

The main purpose of the role is to provide specialist product advice.

As this is a technical role within our industry, knowledge of the products in the insurance industry is of particular importance.

Are you someone who can:

• Manage costs / expenses within approved budget to achieve cost efficiencies.
• Deliver exceptional service that exceeds customers' expectations through proactive, innovative and appropriate solutions.
• Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SMEs, project managers and senior staff members.
• Maintenance of expert knowledge on relevant legislative amendments industry best practices and provision of proactive advice and solutions to relevant stakeholders.
• Translate strategies into actionable goals and execute relevant projects / initiatives aligned to strategic objectives with specific performance measures and control systems to track progress.
• Implement and maintain sound business processes that minimise risk and deliver quality requirements specifications. Findings that area as a result of internal or external audit and client management and risk.
• Initiate and manage product research, data mining and quantitative analysis to ensure sustainability and future competitive growth.
• Explore local and international markets for new products and trademarks in order to expand and strengthen the business' market position.
• Facilitate the conversion of knowledge and ideas into new or improved products, processes and services.
• Manage own development to increase own competencies.

You will be the ideal candidate if you have:

• 10 years of underwriting experience, preferably in the commercial area.
• Relevant 3 year Qualification. (Insurance qualification, but this is not a must have)
• Technical skills of insurance.
• Good understanding of excel.
• Communication skills (both written and verbal)
• IT Platform understanding (would be an added benefit)
• Ability to discuss the various aspects of insurance with senior people at the insurers
• Experience in development of new products and enhancing existing products.
• Ability to discuss and negotiate complicated claims and underwriting with a client and an insurer.

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Job Details

Application Closing Date

06/09/24

All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.