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This job has expired

Operational Binder Specialist

Employer
TWK Agri
Location
Pretoria Pretoria Tshwane, South Africa
Salary
Competitive
Closing date
Oct 9, 2024
View more categoriesView less categories
Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
EUM, part of the TWK group, has the following vacancy available: Operational Binder Specialist at Pretoria, Gauteng.

Responsibilities and Duties
  • Review insurance applications and supporting documents
  • Draft policy schedules and wordings in line with product specifications
  • Ensure FSP complies with the operational requirements of binder functions
  • Ensure FSP complies with industry standards and company policies
  • Prepare monthly reporting for insurers
  • Oversee and ensure fair outcomes to policyholders in line with COFI
  • Assist with OMNI CBR reporting
  • Ensure Regulatory compliance
  • Resolve issues related to binders, including amendments and discrepancies
  • Ability to implement FSP's policy systems and ensure compliance with SOP and alignment with legislative frameworks
  • Oversee binder audits with the Insurers
  • Oversee transition from formal insurance to binder insurance
  • Understanding of compliance requirements of FAIS, Insurance Acts, POPIA, PAIA, FIC, AML and Cybersecurity for FSP's
Qualifications and Skills
  • Relevant degree in Finance, Law or Business Administration
  • Minimum 5 years managerial experience within the Insurance industry specifically funeral insurance
  • RE1 certificate
  • Proficient in English
  • Microsoft Office Skills
  • Driver's license
  • Strong drafting and communication skills
  • Good business acumen
  • An experienced individual with knowledge of life insurance products and operational requirements of binder agreements
  • Understanding of the funeral insurance and the funeral parlour market
  • Strong analytical and problem solving skills
  • Ability work under pressure
  • Results driven individual that can manage relationship with various stakeholders and shareholders
  • Willing to travel
*The company can expire jobs at any time at their own discretion.

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