Insurance Specialist

Website Absa Group Limited

Job Description:

To provide specialist advice and support in area of specialisation guarding against risk, in alignment with Group Corporate Insurance policies.

Job Responsibilities:

  • Provide specialist underwriting expertise, support and guidance to address operational issues in the business
  • Work closely with the Head of Corporate Insurance and senior managers in the team to administer Group
  • Corporate Insurance policies
  • Administration: Ensure the effective fulfilment of all required administrative duties, including tracking and reporting
  • Continuously identify and give input on ways to improve operations in the business
  • Compliance and Risk Management: Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards

Job Requirements:

  • Minimum of eight to ten (8-10) years’ experience as an Insurance or Risk Management professional, Risk Manager, Claims or Insurance Manager
  • Detailed understanding of insurance markets and business processes, environment, contract terms, waivers, releases, risk controls and checks and ability to act with assistance in relation to overseas equivalents.
  • Minimum of 8-10 years’ experience in the Insurance Industry
  • Knowledge of financial institutions and their key risk exposures.
  • An Associate or Fellowship of the Insurance Institute of South Africa will be advantageous
  • Good technical understanding of key insurance concepts and their application
  • B (Hons) Degree in Insurance & Risk Management, Risk, Accounting, Financial Management or Banking

Job Details:

Company: Absa Group Limited

Vacancy Type: Full Time

Job Location: Johannesburg, Gauteng, South Africa

Application Deadline: N/A

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