The FSCA's mandate is to enhance the efficiency and integrity of financial markets; promote fair customer treatment by financial institutions; provide financial education and promote financial literacy; and assist in maintaining financial stability in South Africa.
This is in line with the Twin Peaks model of financial sector regulations, as envisioned in...
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Senior Analyst Insurers Supervision Department (Pretoria)
Liaise with the public and other stakeholders when receiving complaints or enquiries;
Investigate complaints and enquires within the required departmental turnaround times;
Monitor compliance with legislation to ensure the protection and fair treatment of policyholders;
Participate in on-site inspections to insurers to establish compliance with insurance legislation; best practice and market conduct related issues;
Manage relationships with insurers assigned in the portfolio;
Perform administrative and other activities relating to the regulatory framework as may be required; and
Assist the department with projects that the department is working on.
Other Key Competencies:
The candidate must demonstrate the following skills and attributes: A high level of judgement and a confident and decisive approach; problem analysis, information gathering, communication skills, good interpersonal skills and emotional intelligence, customer relations and persuasiveness skills and must be computer literate.
FSCA is committed towards increasing the representation of marginalised groups in line with its Employment Equity Plan. Persons with disabilities are encouraged to apply.
Please note that correspondence and communication will only be conducted with short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.
Requirements
A B. Com or law degree with at least 5 years relevant work experience in the insurance industry.
Sound knowledge and understanding of the Insurance Acts and the insurance industry related operational requirements are essential.
A Compliance and/or Risk Management background is needed.
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