Ithala Bank 2024 Manager Long Term Insurance

MANAGER: LONG TERM INSURANCE: D1

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ITHALA SOC LIMITED

DURBAN SERVICES CENTRE

REFERENCE NUMBER: SG17021

An exceptional opportunity awaits a dynamic individual with the right qualifications and experience to manage all Long Term Insurance functions and duties within Ithala Insurance Division.

The successful candidate’s responsibilities will be to:

∙Evaluate market trends and developments in the Long Term Insurance industry.

∙Develop and manage an operations strategy for Long Term Insurance.

∙Manage Ithala Credit Life Insurance product and funeral schemes

∙Responsible for achieving long term sales targets

∙Drive long-term sales strategy

∙Perform risk surveys as required

∙Formulate and implement the operations strategy and business plan with consideration of market industry and further evaluate on an on-going basis with emphasis on risk & compliance for division and its staff.

∙Manage Ithala client portfolio including the claims assessment and renewals

∙Ensure all processes and procedures within long-term comply with FAIS regulations

∙Maintain relationships with existing clients.

∙Coordinate role players by maintaining communication and training staff and management.

∙Manage insurance staff and their FAIS Accreditation

The following minimum requirements must be met in order to be considered for this position:

∙Grade 12

∙B Com degree or equivalent tertiary qualification and complete Commercial FAIS accreditation including Regulatory Exam 1 ( Key Individual)

∙Minimum (5) years’ underwriting experience and claims experience.

∙Minimum (5) years’ experience in the Long Term Insurance environment with further emphasis on Sales and Marketing

∙At least (5) years’ experience in credit life and funeral product knowledge and development.

∙Proven management experience.

∙Code 08 drivers’ License.

∙Thorough knowledge of the long term insurance industry and insurance broking including all relevant legislation (i.e. Long Term Insurance Act, National Credit Act, FICA, Consumer Protection Act).

∙Computer skills in MS Office.

∙Ability to work in a pressurised environment and be prepared to travel extensively.

∙Must be results orientated and efficient in meeting targets.

∙Good planning, organising and analytical skills.

∙Excellent customer service skills.

∙High level of numerical accuracy.

ITHALA EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT

CLOSING DATE: 14 July 2024

Interested applicants must forward a detailed CV, certified copies of qualifications and identity document by e-mail to hr_recruitment6@ithala.co.za. Kindly also include a motivation of how you meet each of the entry requirements listed above and quote the reference number for the position.

Please note:

∙Late applications and applications with no reference number will not be considered.

∙E-mail users are requested to set the delivery option on both “return receipt” and “confirm delivery”.

∙Correspondence will be limited to short-listed candidates. All short-listed applicants will be subjected to assessments, reference and credit checks. If you have not been contacted within 1 month of closing date of the advertisement, please accept that your application has been unsuccessful.