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    • Current Vacancies at Old Mutual South Africa

    Posted: Aug 16, 2024
    Deadline: Not specified
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  • Product Specialist

    SPECIFIC KEY RESULT AREAS

    • Support product actuaries in managing a repository of RMM product rules and product history.
    • Provide input on product technical issues throughout the product lifecycle.
    • Ensure documentation of RMM product enhancements, annual rate reviews and annual savings changes, by creating and distributing sales manuals, product rules, A&P circulars and uploading to internal platforms (GSMobile, Intranet, etc).
    • Provide recommendation on Arbitration complaints and forensic investigations, aligned with the fair treatment of customers.
    • Co-ordinate and chair discretionary meetings, together with half-yearly reports to compliance and business owner.
    • Analyse and provide commentary on RMM complaints, with recommendations for product or process improvements in line with market code of conduct.
    • Create and execute plans that will enhance operational efficiency in non-standard or technical elements of the value chain and deliver excellent service to meet customer requirements.
    • Build and maintain successful relationships with key stakeholders at different levels.
    • Manage the work allocation and pipeline to team capacity.
    • Work with IT to implement systems to enhance processes and productivity, as required.
    • Identify risks and ensure governance and risk mitigation measures are implemented and adhered to.
    • A key product representative at various regulatory and other project implementations.
    • Consult widely across the business to ensure best practice is implemented with the management of products and service to customers.
    • Produce management information to report on target achievements in relation to processes and turn-around times
    • Provide technical support for annual campaigns, e.g. yearly policy updates and South African Retirement Annuity statements.

    GENERIC KEY RESULT AREAS

    Stakeholder Management

    • The roles and responsibilities of the various stakeholders agreed and documented and measures put in place to report on adherence.
    • Build relationships with stakeholders, peers and colleagues that impact across business areas.

    Product

    • Business rules documented, adherence monitored and issues addressed.

    Governance

    • Accountable for governance and compliance at an operational level.

    Process

    • Processes reviewed and documented.
    • Inefficient methods of working rooted out and checks and balances put in place.
    • Production targets set, monitored and reported.

    Technology

    • Current tools upgraded where appropriate.
    • New or additional tools, applications and systems implemented to ensure continuous improvement in methodology.

    Reporting

    • Reporting to stakeholders in line with their roles and responsibilities.
    • Reporting production and business metrics and reporting to the team.

    Operational Efficiency

    • Make innovative and strategic operational recommendations in line with the business strategic direction.
    • Accountable for executing business plans at an operations level.

    Role Qualifications:

    • Matric
    • Preference for relevant tertiary qualification (e.g. Commerce)
    • Five (5) years working experience with ‘old generation’ products
    • Five (5) years working experience in Mass Market
    • Proficient in MS Office
    • Stakeholder management experience
    • Systemic thinker
    • Have the ability to apply complex reasoning in a business context
    • Proven sound analytical and problem solving skills
    • Strong communication skills, both written and verbal
    • Strong relationship building skills
    • Excellent time-management, planning and co-ordination skills
    • Ability to prioritise workflow and work under pressure.
    • Have a strong bias for action.

    Competencies:

    • Aligning Performance for Success
    • Business Awareness
    • Decision Making
    • Gaining Commitment
    • Planning & Organising
    • Ownership
    • Technical Knowledge

    Check how your CV aligns with this job

    Method of Application

    Interested and qualified? Go to oldmutual.wd3.myworkdayjobs.com to apply

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