Specialist Analyst X 2 - Insurers Supervision Department at FSCA South Africa

Key Performance Areas:

• Monitor compliance with legislation to ensure the protection and fair treatment of policyholders by closely managing and supervising a portfolio of   insurance companies and taking necessary action for non-compliance, where applicable and necessary;
• Responsible for coordinating, planning and conducting thematic, full market conduct on-site inspections including direct engagements with supervised   entities in terms of the risk-based supervision approach, and in line with the departmental supervision objectives and plans;
• Report on the findings and recommend corrective actions where feasible;
• Conduct research and provide specialist technical advice both within the department and to other external stakeholders;
• Liaise and collaborate closely with relevant departments across the organisation, particularly in instances where the entity is supervised by various   departments;
• Adhere to department policies and processes including service level commitments;
• Manage and co-ordinate technical projects in the department; and
• Provide strategic and technical support to the department in respect of the development of a framework for conduct of business supervision.

Other Key Competencies:

• The candidate must demonstrate the following skills and attributes: ability to analyse high volumes of data, good attention to detail; good verbal and written communication skills; proactive; ability to work independently, problem solving and analysis skills; information gathering, good administration skills, good interpersonal skills and emotional intelligence, good customer relations skills; persuasiveness and must be computer literate.
• FSCA is committed towards increasing the representation of marginalised groups in line with its Employment Equity Plan. Persons with disabilities are encouraged to apply.
• Please note that correspondence and communication will only be conducted with short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.

Requirements

• A degree in Law or Insurance Risk Management, with at least 5 years’ experience in an insurance technical, compliance or risk management role. An excellent knowledge and understanding of the financial services industry, and in particular, the insurance industry is required. Experience in a compliance or risk management role within an insurer would be an added advantage. Preference will be given to candidates with a certification in Compliance or Risk Management.