Manager: Supervisory Projects - Insurers Supervision Department at FSCA South Africa

Purpose of the Job:

• To assist with the general management of the department, coordinate and provide technical support for key supervisory projects and to help enhance and maintain a risk-based conduct of business supervisory framework for the insurance sector. The person appointed to this position will report to the Departmental Head.

Key Performance Areas:

• Planning, managing, coordinating, and driving key supervisory projects to be conducted by the Insurers Supervision Department, thus ensuring the enhancement and implementation of appropriate and effective supervisory strategies.
• Provide expert supervisory and technical input into strategic decision-making processes in the Department and the Conduct of Business Division where required.
• Provide technical and other support to the relevant Executive Committee member on matters related to the work of the Department as and when required.
• Provide input into legislative amendments and the work of international forums where required.
• Ensure that the deliverables meet strict deadlines. 
• Assist the Departmental Head by recommending and implementing changes following the outcomes identified by the supervisory projects that are undertaken.
• Assist the Departmental Head to apply a risk-based approach to prioritisation of deliverables and allocate appropriate resources accordingly.
• Engage with industry stakeholders on various conducts of business supervisory  matters.
• Engage with senior management within the FSCA on operational and strategic matters as and when required.
• Engage with management of financial institutions, especially insurers on complex matters as and when required.
• Engage with stakeholders on international level when required.
• Establish constructive working relationships with co-regulators.
• Manage the human resources of the team effectively and efficiently (train, develop, monitor, lead and assess performance of staff).
• Analyse situations and large volumes of information and apply sound judgment-based decision making with great attention to detail.

Requirements

• A bachelor’s degree in law, or a Risk Management, Business, Economics or Accounting qualification, with at least 5 - 7 years’ experience in the financial services industry, including specific experience relevant to the insurance sector. Experience in monitoring, compliance management, risk management, project management, and people management will be highly advantageous.
• Demonstrate the ability to manage diverse stakeholder relationships and collaborate across cross-functional areas will be desirable.