Salvage Manager at Bryte Insurance Company Limited

Description

• The Salvage Manager is responsible for maximizing value recovery from damaged, stolen, or written-off assets through strategic salvage operations. This includes oversight of vendors, auctions, recoveries, and compliance with regulatory and ethical guidelines. The role plays a key part in minimizing claim costs, enhancing recovery revenue, and ensuring operational transparency across the salvage lifecycle.
• Requirements

Key Tasks & Responsibilities

• Salvage & Recovery Operations
• Manage salvage processes across asset categories (e.g., motor vehicles, electronics, property)
• Coordinate asset inspections, valuations, and disposals through certified vendors or auctions
• Track salvage trends, residual values, and potential fraud indicators
• Oversee end-to-end documentation for all asset recoveries
• Stakeholder & Vendor Engagement
• Build and manage relationships with salvage agents, recyclers, towing companies, auction houses
• Negotiate service-level agreements (SLAs), pricing, and payment terms with vendors
• Collaborate with claims, underwriting, legal, and finance departments
• Strategic Oversight
• Develop and implement salvage policies, procedures, and cost recovery strategies
• Analyse salvage performance reports to identify profit optimization opportunities
• Lead salvage forecasting, budgeting, and reconciliation activities
• Compliance & Audit
• Ensure salvage handling is fully aligned with local regulations and internal audit requirements
• Maintain clean audit trails for all salvage transactions and asset disposals
• Enforce environmental, legal, and ethical handling of hazardous or sensitive assets

Qualifications & Experience

• Bachelor's degree
• Matric / Equivalent
• Minimum 5 years’ experience in salvage operations, asset recovery, or claims management
• Proven vendor management and negotiation expertise
• Strong knowledge of asset valuation methods and disposal processes
• Understanding of applicable compliance frameworks (e.g., POPIA, TCF, asset disposal laws)
• Core Competencies
• Strategic thinker with cost-conscious decision-making skills
• Strong attention to detail with sound analytical judgment
• Excellent negotiation, communication, and relationship-building skills
• Ability to work cross-functionally and manage multiple vendor relationships
• High levels of integrity and ethical standards in asset handling

Closing Date: 28 October 2025