Old Mutual was established in Cape Town in 1845 as South Africa's first mutual life assurance society. Our purpose is to help our customers thrive by enabling them to achieve their lifetime financial goals, while investing their funds in ways that will create a positive future for them, their families, their communities and broader society.
The incumbent will act as a support to the Risk Manager: Special Risk. The main function is to manage high risk buyers, obtain and analyse information received on buyers from various sources, such as buyer visits, industry meetings, media and bureaus, in order to determine the insurable risk of the buyer, which supports other business units with Credit Guarantee to underwrite the buyer accordingly.
Obtains relevant information, analyse buyer information obtained from buyer reviews, industry meetings and other relevant information to minimise risk.
Balance Sheet Analysis
Interpretation of Financial Statements
Prepare reports
Buyer risk reviews, credit committee reviews, buyer visits, industry meetings & various administrative tasks.
Making recommendations at credit committee
Continuous improvement to ensure effective service
Ensure adherence to organisational policies, practices and procedures.
Identify solutions to enhance cost effectiveness and increase operational efficiency
Service delivery to ensure customer satisfaction
Maintain service, quality and desired outputs within a specific functional process.
Establish productive operational relationships with key stakeholders in the various channels and administrative teams.
Develop work routines in line with operational plans / schedules in order to manage achievement of service delivery goals.
Share knowledge on, and participate in the creation of new standards, control systems and procedures to maintain service delivery.
Cost control and governance adherence
Proactively ensure use of time, of resources, money, materials or equipment is in line with policies and procedures.
Comply with corporate governance policies, procedures and standards.
Operate within agreed mandates.
Quality people practices
Align own behaviour with the organisation culture and values.
Share and transfer product, process and systems knowledge to colleagues.
Ensure achievement of own performance objectives.
Actively share information with other team members regarding successes, issues, trends and ideas.
Actively participate in own professional development and career path.
Actively promote a culture of learning and high-performance culture amongst team members.
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