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  • Posted: May 5, 2023
    Deadline: Not specified
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    PPS has more than 200 000 members who enjoy access to a comprehensive suite of financial and healthcare products that are specifically tailored to meet the needs of graduate professionals. PPS is the largest South African company of its kind that still embraces an ethos of mutuality, which means that it exists solely for the benefit of its members. Thus, ...
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    Actuarial Analyst

    Job Advert Summary    

    • Reporting to Head of Valuations, the role will be responsible for analysing risk evaluation data, coordinating, preparing, and performing actuarial analyses, which are required when pricing and developing new products, projecting future results, reserving and repricing existing products. The role will interact with other teams within the Actuarial Services department, as well as with other departments within the PPS Group, interact with the Head of Actuarial Function’s team and the Group’s external auditors.

    Minimum Requirements    
    Education:

    • Matric 
    • Completed University Degree majoring in Actuarial Science, honours is preferable
    • Making good progress with actuarial exams, with at least 5 CTs

    Experience:

    • Must have 3 years’ experience
    • Exposure to a valuation environment

    Knowledge and Skills:

    • Knowledge of actuarial principles and retail insurance products
    • Knowledge and background of the financial services industry
    • Key interest in developing a career in the valuation, balance sheet management and experience investigation
    • Computer literate, strong Excel skills required, Access, SQL skills would be of benefit
    • Prophet knowledge and use
    • Strong administration skills
    • Knowledge of MS Office

    Competencies:

    • Attention to detail
    • Excellent verbal and written communication Analytically minded 
    • Strong interpersonal and intrapersonal skills 
    • Analysis
    • Strategic oriented
    • Quality orientation
    • Self-starter 
    • Motivated and motivational 
    • Teamwork

    Duties and Responsibilities    

    • Development of actuarial models for existing and future business, and the implementation of these on the Prophet and other relevant system
    • Conducting regular actuarial investigations, including sickness and mortality investigations and analysis of surplus
    • Conducting the FSV and Embedded values calculations for financial reporting
    • Regular development of solvency calculation models to ensure they’re in line regulatory and business requirements
    • Providing support with compilation of and regular report related to the ORSA
    • Assistance with completion of valuator, statutory, QRT and ASISA returns
    • Assist with ensuring integrity of data for valuation work and experience investigations, and implementation of processes and systems to improve on the quality of data used
    • Providing actuarial support to various other areas, and the broader business
    • Analysing PPS data and experience to better support the broader business in its functions
    • Producing monthly reports on the business experience
    • Compilation of management reports and special investigations from time to time
    • Alignment of PPS Actuarial functions with published ASSA Guidance notes, and other regulatory requirements

    Closing Date    
    2023/05/12

    go to method of application »

    Health Professions Indemnity - New Business Development Specialist

    Job Advert Summary    
    Purpose of the Job:

    • An exciting career opportunity has become available for an HPI New Business Development Specialist within PPS Health Professions Indemnity.  The key purpose of this role is to create opportunities for HPI and to provide professional service to the members.  The successful candidate will be responsible for building strong relationships with stakeholder and for sourcing, growing and retaining a membership / client base for eligible professionals through the implementation of HPI solutions.

    Minimum Requirements    
    Education:

    • Matric (Grade 12).
    • Bachelor’s degree with relevance to marketing preferable.
    • RE 5 and FAIS accredited and compliant.

    Experience:

    • 1 to 3 years’ experience in a sales role in the medical services/health care environment required.
    • Proven sales record with an existing health care client network an advantage
    • Experience in maintaining and growing a profitable portfolio.

    Knowledge and Skills:

    • Knowledge of insurance and insurance like products.
    • Computer literate (MS Office Package).
    • Excellent communication -verbal and written.
    • Result orientated and target focused.
    • Independent worker.

    Competencies:

    • Sales driven and target focused.
    • Take extreme ownership.
    • Persuasive and influential.
    • Customer focused and responsive.
    • Resilience and flexibility.
    • Solution orientated .
    • Communication and interpersonal skills.
    • Ability to handle pressure.
    • Adaptive to an ever-changing environment.

    Duties and Responsibilities    
    Main duties and responsibilities:

    To work extensively to generate opportunities for HPI by doing the following:

    • Build sound long-term relationships with the various external stakeholders and relevant professional bodies.
    • Being a brand ambassador.
    • Building relationships within the health care environment.
    • Prepare and conduct presentations.
    • Identify, develop and run appropriate sales campaigns and events.
    • Ensuring maximum penetration, conversion and access to eligible members.
    • Coordinate the development of applicable marketing/sales material.
    • To operate and excel in a niche target market environment.
    • Build the membership within the existing environment and develop new markets.
    • To represent and promote PPS through marketing activities to intermediaries and clients.
    • Prepare and present proposals to existing and potential clients.
    • Explain complex information relating to the product offering in a clear, simple, and professional way.
    • Meet clients to understand their objectives and provide suitable advice to best fit the needs and requirements of member.
    • Manage, maintain, and build new and existing client relationships.
    • Adhere to compliance, operational procedures and practice management standards.

    Closing Date    
    2023/05/12

    go to method of application »

    Operations Consultant (Internal Control)

    Job Advert Summary    

    • The consultant will provide service and assistance to the Intermediary Services across the Life Operations business units.
    • The purpose of the role is to create a client experience that feels convenient, effortless and personal. It must feel bespoke to the client.
    • Will work in shifts that will be rotated amongst the team weekly. To work extended hours on the 15th and last working day of the month. There is a possibility that these might change in the future depending on growth and the need in the business.
    • A member of the back-office operations team reporting to the Manger Intermediary Services. This role will be responsible for providing a professional service to PPS members and associated parties. Customer/Intermediary interaction via all available contact channels will be part of this individual responsibilities.

    Minimum Requirements    
    Education:

    • Matric
    • A 3-year tertiary qualification (Degree/Btech) with relevance business orientation

    Experience:

    • 2+ working experience in call centre AND back office processing is a clear advantage.
    • Experience in the client service environment, advantageous.

    Knowledge and Skills:

    • Relationship management skills.
    • A good business acumen.
    • Can-do attitude while challenging convention.
    • Knowledge of Financial institutions (advantageous).
    • FAIS, POCA and FICA knowledge (advantageous).

    Competencies:

    • Able to thrive under constant pressure.
    • Accuracy and attention to detail for all relevant work types.
    • Ability to organise and prioritise.
    • Team player.
    • To act with integrity at all times, embrace the philosophy of treating our customers fairly and deliver on our client experience principles.
    • Competent writing and communication skills.
    • Proactive thinking.
    • Client Centricity.
    • Results Driven.

    Duties and Responsibilities    
    Internal Control

    • Screen members to prevent violation of POCA.
    • To provide the Claims department with adequate information regarding investigated cases that will enable the assessors or requester to assess the claim and pay valid claims.
    • The consultant will need to provide intermediary services across the client sets.
    • Information needs to be provided in accordance with legislative requirements.
    • The purpose is to provide an exceptional administrative service and support. Responsibilities may include working in all the units under Intermediary Services. The consultant is to be a highly self-motivated individual with strong relationship managing and communication skills.
    • Add in measures to Reduce escalations.
    • Production Support/Technical errors.
    • Distribute knowledgeable training/coaching material to the group.
    • The consultant will also help to build and manage the daily operations of the business processes, systems and projects. This will include developing internal controls for the business, testing and administration of the various systems, and running the operations of the business smoothly to ensure that clients are serviced in the PPS way.

    Assist Management and Support Team  

    • Agree duties with team members to achieve operational targets including prioritization and work schedules.
    • To stand in for the Team Leader or Manager.
    • Responsible for enforcing PPS’s training and development program. They may also be assigned a junior employee to mentor.
    • To execute policies and procedures related to service delivery in Operations and between other areas.
    • Build and maintain relationships with relevant stakeholders.
    • Reduce step backs and review processes to reduce processing time within the entire value chain.
    • Complete call logs and reports
    • To take ownership of service level standards and ensure they are reached consistently.
    • Process Financial Assessments and ensure the figures are accurate.
    • Ensure high risk member are validated and investigated accurately.
    • Prepare monthly savings report.
    • To request medical records from Medical Schemes
    • Due diligence process to be adhered to.

    Maintain Product Expertise

    • In order to answer member/intermediary complaints and questions, an Operations Consultant must be an expert in the products offered by PPS. This requires one to take the initiative to master every feature and benefit of each product.

    Data & Reporting

    • Must be able to formulate data extracts and analysis to detect invalid claims and create data intelligence ability to ensure preventative management of claims investigations.
    • Do research on best practices and new trends in the industry.
    • Conduct audits and fraud risk assessments where necessary, report findings or deviations and assist in implementing recommended controls.
    • Preparing comprehensive audit and forensic reports, as may be required to make regarding action to be taken regarding the investigation.
    • Prepare reports for different departments or upper management.
    • An operations Consultant uses available software to document each customer interaction to help streamline the customer service process and notice trends to report back to the product development team.
    • Identify process and procedure improvements and make recommendations to streamline and simplify processes.
    • Escalate systems failures to the appropriate support team for the team to stay productive.
    • Recognize, document, and alert the management team of trends in customer calls.

    Closing Date    
    2023/05/12

    Method of Application

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