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  • Posted: Aug 11, 2025
    Deadline: Not specified
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  • The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought


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    (1172) Senior Team Leader: Insurance and Payments Screening - FSD

    Job Description

    The successful candidate will be responsible for the following key performance areas:

    • Design and manage the SARB Group Short-term Insurance Portfolio (which includes the SARB, Corporation for Deposit Insurance (CODI), South African Mint Company (SA Mint) and South African Bank Note Company (SABN) and to coordinate the renewal, and underwriting process for the Group.
    • Manage the Group life, Credit Life and Disability Benefits for the SARB and SABN. 
    • Manage and structure the staff insurances (house owners) in respect of all participating Group staff members (SARB, SA Mint and SABN).
    • Manage insurance claims services rendered to the Group and staff members.
    • Manage team members, operational risks and implement the Insurance Section’s strategic objectives and mission statement.
    • Assist with other related duties on an ad hoc or project basis, as requested by management. 
    • Stay current with developments in own functional area and ensure application thereof.
    • Manage relationships and engage with internal and external stakeholders at various levels.
    • Manage the payment screening process to maintain compliance, prevent fraud and ensure timely and accurate financial transactions.

    Qualifications

    To be considered for this position, candidates must be in possession of:

    • an Honours degree in Commerce, Insurance, Risk Management or an equivalent; 
    • 8−10 years’ experience in a risk financing environment and insurance market; and
    • a Chartered Accountant (South Africa) (CA (SA)) qualification (would be an added advantage).

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