Ithala Bank : 2024 Manager Short Term Insurance

MANAGER: SHORT TERM INSURANCE: D1

RE- ADVERTISEMENT

ITHALA SOC LIMITED

DURBAN SERVICES CENTRE

REFERENCE NUMBER: SG16078

An exceptional opportunity awaits a dynamic individual with the right qualifications and experience to manage all Short Term Insurance functions, Risk Management and Claims Assessment duties within Ithala Insurance Division.

The successful candidate’s responsibilities will be to:

∙Evaluate market trends and developments in the short term insurance industry.

∙Responsible for achieving Short-Term sales targets

∙Comparative selling across various brands

∙Drive short-term sales strategy

∙Formulate and implement the operations strategy and business plan with consideration of market surveys and trends in the Short Term insurance

∙Industry and further evaluate on an on-going basis with emphasis on risk & compliance for the division and its staff.

∙Manage Ithala Group Corporate Own Assets Insurance Programme including risk management, claims and renewals.

∙Perform risk surveys as required.

∙Manage Ithala client portfolio including the claims assessment and renewals.

∙Oversee the marketing of Ithala’s insurance product offering to new clients.

∙Leverage relationships with existing internal and external clients.

∙Coordinate role players and inter-departments by providing training and seminars to staff and management.

∙Oversee claims recoveries and reporting thereon.

∙Optimize the usage and functionality of the IT system.

∙Formulate information required for a short term monthly pack based on company and individual KPA’s.

∙Responsible for the continuous update of the Short Term Business Continuity Plan (BCP) and adherence to procurement compliance.

∙Ensure all processes and procedures within short term comply with FAIS regulations.

∙Manage Insurance staff and their FAIS Accreditation.

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

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

∙Minimum (5) years’ experience within the short term insurance environment with further emphasis on Sales and Marketing.

∙Proven management experience.

∙Thorough knowledge of the short term insurance industry and insurance broking including all relevant legislation (i.e. Short 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.

Apply For Ithala Bank : 2024 Manager Short Term Insurance here