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  • Posted: Feb 27, 2023
    Deadline: Not specified
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    Santam Limited is the largest short-term insurer in South Africa, with a market share in excess of 22%, providing short-term insurance products through broker networks and direct sales channels. The company was established in 1918 and offers personal, commercial, and corporate insurance solutions. Santam is a subsidiary of Sanlam Limited and has been listed ...
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    Reinsurance and Sasria Administrator

    What will you do?

    • Santam Reinsurance has an exciting opportunity available in our Reinsurance department at Head Office in Cape Town to fulfil the role of Reinsurance & System Administrator.

    What will make you successful in this role?

    The purpose of the role is to understand stakeholders needs in the purchase and administration of reinsurance and Sasria. Provide relationship support, advice and training to all stakeholders.

    • Ensure total continuous aligned RI systems in support of the various Group Reinsurance Structures (PC, CC, WEB-e, AMS, JDE, BI, etc) and any internal and external Audit findings. Recommendations are to be resolved within required audit timeframes. Identify Reinsurance structures, ensuring these are secured and in place and accurate capturing of the annual renewal structure on the Group’s IT platform takes place.
    • Projects – Enhancement of business processes in line with project plans and audit feedback from internal, external and Sasria. Input on requirements, development and testing.  Operations compliant to Sasria Regulatory requirements. Authorisation of facultative placements above Reinsurance Treaty Limits. Conducting of business, relating to reinsurance and Sasria, in line with the Standard Operating Procedures.
    • Internal and External - Provide Technical coaching, advice, problem solving and skills transfer. 
    • System testing on Sasria and Reinsurance requirements.
    • Business Support with production enquiries relating to Sasria and Reinsurance Systems 

    Qualifications and Experience

    • Diploma/Qualification in IT/System/Risk Management/ Processes and good understanding of Reinsurance.
    • 2 - 5years in Insurance underwriting and on IT systems procedures
    • Commercial and Personal line experience advantageous 
    • Policy Centre
    • Word & Excel
    • Credit Control
    • Facultative Reinsurance experience
    • Treaty Reinsurance experience
    • Claims experience
    • Experience in the following areas will be advantageous
    • Short term insurance or financial services industry 
    • Experience in the use of Jira and Confluence 

    Skills

    • Analytical and problem-solving ability
    • Strong customer service orientation and collaborative interpersonal style
    • Ability to work at the conceptual as well as detailed level 
    • Business acumen with thorough knowledge and understanding of business, process and technology environments
    • Effective communication skills both written and verbal, in business and technical terms, appropriately designed for the target audience
    • Ability to effectively deal with conflict situations and 
    • Emotional intelligence
    • Team player with ability to work independently as well as collaboratively

    Our commitment to transformation

    • Client focus
    • Cultivates Innovation
    • Drives Results
    • Collaborates
    • Flexibility and adaptability
    • Change leadership
    • Research
    • Project Oversight
    • Reporting and Administration
    • Team work

    Method of Application

    Interested and qualified? Go to Santam Insurance on careers.sanlamcloud.co.za to apply

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