Active Jobs at Old Mutual

Job Description

• This role plans and executes investigative fieldwork.
• The role is responsible for conducting Forensic reviews and reporting results.
• Conducting planning and execution of investigation field work.
• Reports findings and recommendations.
• Works closely with HC Human Capital and ER Employee Relation functions to ensure appropriate disciplinary action is initiated upon conclusion of a forensic investigation.
• Maintains and reports accurately and comprehensively via the electronic case management system.
• Conducting branch visits to ensure policy and regulatory compliance, identify financial crimes , preform forensic audits , provide fraud awareness training to branch staff.
• Builds / Maintains effective working relationships with internal and external stakeholders including, management, SAPS, NPA and industry stakeholders.
• Makes recommendations for the implementation of improved or new controls and/or preventative measures to reduce/mitigate financial crime risks and to prevent recurrences thereof.

Minimum requirements:

• Forensic related qualification
• 5 years investigations experience in the financial services industry
• Bank and Card fraud related investigation (essential)
• Hold professional member or association with ACFE / ICFP
• Understanding of SAPS and court procedures
• General understanding of labor law (understanding of procedural and substantive fairness)
• Extensive travel

Skills:

• Report writing
• ability to work as part of a team
• self-starter
• Computer literacy

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Job Description

• This role provides advice on a specific range of products to a specific allocated market and are individually accountable for achieving results through their own efforts.
• The position has been identified as a FAIS position and falls within the ambit contemplated by FAIS related to Category B. The successful candidates must therefore comply with all FAIS requirements, including the Fit and Proper requirements of Honesty and Integrity (e.g. be clear of any offence relating to fraud, dishonesty and/or any professional misconduct) as well as competence and relevant qualifications.

Role Description 

Key /Performance Areas

• Financial Advice 
• Provides advice in line with the customer value proposition & compliance framework.
• Works in specific allocated markets.
• Works with a specific range of products.
• Personal Effectiveness  
• Accountable for service delivery through own efforts. 
• Individually accountable for managing own time, tasks and output quality for periods of 1 day to a maximum of 3 months. 
• Makes increased contributions by broadening individual skills. 
• Collaborates effectively with others to achieve personal results. 
• Accepts and lives the company values.
• Relationship Building 
• Establish sound working relationships and maximises opportunities with prospective clients.
• Uses appropriate interpersonal and communication techniques to gain client acceptance.
• Sales/ Productivity 
• Develops, tracks & reviews business plan to meet individual performance targets.
• Engages in limited prospecting.

Requirements: Skills, Qualifications and Experience required

• Grade 12 (Matric).
• Valid Driver’s licence and Own Car
• FAIS Compliance
• Clear criminal and credit check
• Minimum of 3 years working experience (preferably in sales)
• Computer literacy (MS Word, Powerpoint and Outlook)
• Excellent communication skills (written and verbal)
• Presentations skills an added advantage

Attributes / Competencies

• Client Focus 
• Decision Making 
• Planning & Organising
• Sales Ability
• Technical Knowledge
• Tenacity

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Job Description

• This role is accountable for the design, development and leading the implementation of an actuarial risk framework in a multi-channel / multi-product business to enable data-driven, strategic decision-making of complex business issues related to the financial sustainability of the organization.  This role extends to all Old Mutual Insure businesses, as well all subsidiaries of OMI. The role also extends to actuarial oversight of certain aspects of the general insurance businesses of Old Mutual Africa Regions.

Responsibilities will include the following:

• Design, develop and lead the implementation of an actuarial risk framework in a multi-channel / multi-product business to enable data-driven, strategic decision-making.
• Provide assurance to the Boards of all entities in the Old Mutual Insure Group (including Old Mutual Insure, CGIC, OMARTi) in all areas requiring actuarial review, including:
• Opinion on the method, assumptions, and results of the IFRS reserves as required by the Board
• Opinion on the adequacy of methodology, assumptions and results for SAM technical provisions and SAM Standard Formula and Own Funds.
• Review the parameterisation, method, and results of the organisation’s internal capital model. Review the use of the economic capital models for business applications (e.g. Reinsurance Structuring and Business Planning).
• Provide actuarial opinion on reinsurance adequacy.
• Review actuarial pricing and on new products and new business.
• Provide an actuarial opinion on risk policies as required under SAM.
• Provide an actuarial opinion on capital projections in the business plan.
• Ensure that the company’s capital requirements are appropriately calculated.
• Convey complex financial information to the Board, senior management, regulators, and other key stakeholders and promote a positive risk culture throughout the organisation to drive shareholder value.
• Compile the actuarial components of the ORSA and Risk Appetite, including stress tests.
• Represent the organisation on both the local and international bodies to engage in complex industry situations.
• Sign-off the calculation of technical provisions and capital requirements, ensure the appropriateness of the methodologies and underlying models used as well as the assumptions made in the calculation of technical provisions and capital requirements.
• Provide required oversight in areas of the business requiring actuarial sign-off (including pricing, product development, reinsurance, proposed transactions, and others).
• Ownership of short-term insurance actuarial model risk policy.
• Provide oversight of the financial results (IFRS and SAM) and adequacy of reinsurance arrangements (as required) of the general insurance businesses of Old Mutual Africa Regions.
• Nurture and promote a positive risk culture
• Introduce advanced modelling techniques to analyse emerging and / or disruptive market trends to inform the impact of current and future organisation-wide risks.
• Ensure that the data used by the organisation to assess its risks are fit for purpose in terms of quality, quantity, and breadth by working with risk, data, and analytics functions to challenge the organisational systems and controls.
• Report to the Executive Committee and Board on the organisation’s risk exposure relative to its risk appetite and tolerance, and the extent to which the identified risks may put the financial performance of the organisation in jeopardy.
• Nurture a culture of high performance
• Align own behaviour with the organisations culture and values.
• Responsible for actuarial talent, through owing the Actuarial Job Family.
• Build a culture where unique employee experiences can be created, new work experiences can be designed, deep business “know-how” and experiences are openly shared, new ideas are encouraged & implemented without fear of reprisal and where employees feel inspired to enable positive futures.

Experience, Knowledge & Skills required:

• Qualified Actuary and CPD compliance and Practicing Certificates.
• At least 10 years’ experience in general insurance.
• 10 – 15 years’ experience in predictive modelling and scenario planning using advanced statistical techniques that influence strategic decisions to proactively drive sustainable financial management and new product development.
• 3 – 5 years’ experience in reinsurance management.
• 3 – 5 years’ experience leading a revenue generating business within the general insurance industry would be advantageous.

Competency Descriptors are as follows:

• Strategic: Is able to understand, identify and acts on broader opportunities in order to drive longer term, value-adding change.  Applies judgement effectively. Identifies and acts on market and/or competitor trends/opportunities
• Customer: Putting the customer at the heart of business decisions and driving to improve value for customers.
• Collaboration: Creates trust, respect and builds meaningful relationships. Able to handle a wide range of relational challenges to ensure collaboration across boundaries.
• Leading with Influence: Influences and rallies people behind common goals; actively supports growth and inspires others to exceed expectations. Communicates clear strategies and objectives for own function.
• Innovation: Generates creative/out of the box solutions. Challenges the status quo and/or demonstrates ability to relate to challenges from a range of diverse but relevant perspectives. Willing to take calculated risks when introducing novel ideas.
• Personal Mastery: Learns and actively works to build self-awareness; develop through experience and feedback from others. Copes effectively with stress and has the resilience to take on stretching and challenging assignments. Adjusts effectively to work within new work structures; processes; requirements and cultures.
• Executing: Displays consistent energy, drive and perseverance in order to deliver results. Demonstrates a willingness to take calculated risks to achieve stretch performance goals.

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• We are looking for self-motivated and dynamic individuals who have a passionate entrepreneurial spirit to join one of Africa's leading insurance companies.
• The role at a glance is about championing our valued customers to achieve their lifetime goals by identifying their financial needs, providing sound financial advice, recommending and implementing "fit for purpose" financial plans and solutions.
• Responsible for the procurement of new business
• Expand sales of products and services with existing customers
• Work mainly on own leads

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Aspires to be a Financial Advisor

• We are looking for self-motivated and dynamic individuals who have a passionate entrepreneurial spirit to join one of Africa's leading insurance companies.
• The role at a glance is about championing our valued customers to achieve their lifetime goals by identifying their financial needs, providing sound financial advice, recommending and implementing "fit for purpose" financial plans and solutions.

Education

• Bachelors Degree (B), High School (Grade 12)  (Required)
   

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Job Description

• The Remuneration and Benefits Analyst is responsible for Remuneration and Benefits data management, systems and analytics.
• Data integrity and management
• Responsible for ensuring data accuracy and data extraction from various internal and external sources.
• Manage ad hoc and cyclical data validation processes across the group.
• Identify gaps and mitigate risk by supporting the business with proactive data management mechanisms.
• Systems
• Support the team with scoping business requirements and facilitating the Workday implementation of requirements in collaboration with People Analytics and Technology Team.
• Proactively manage Workday requirements based on gaps and needs identified by the team and through annual processes.
• Support the administration of compensation and advanced compensation Workday modules, including testing of new builds.
• Partner with other HC practices to ensure alignment of processes on Workday.
• Drive the training of the Remuneration and Benefits function on all Workday modules.
• Remuneration and Benefits Analytics
• Extraction, manipulation and analyisis of data from multiple sources.
• Provide insight for stratefic decision making and repoting purposes
• Proactively identify opportunities, eficiencies and recommendation within Remuneration and Beneifts through data analytics.
• Modelling, dashboard developments and statistical analysis for remuneration and Benefits practice.

Requirements: Skills, Qualifications and Experience required

Qualification and experience:

• Bachelor’s Degree preferable Mathematics and Statistics.
• Data Science and Analytics background.
• Experienced specialist with at least 3-5 years’ in data management and Analytics.
• Advance excel with Power Query and Power Pivots.
• Power BI.
• R or any other statistical language advantages.
• Technical Competencies
• Problem solving
• High Attention to details.
• Data modelling, data analysis and data visualisation.
• Ability to tell a story using data.
• Statistical analysis.
• Systems analysis and testing.
• Demonstrated experience in remuneration analysis and application.

Behavioral Competencies

• Self-starter and taking ownership.
• First principles thinking.
• Agile mindset and responsible to quick delivery and turnaround
• Strong ability to collaborate.
• Places the customer first and strives to deliver high quality Remuneration and Benefits solutions to the business.
• Innovative and curiosity driven.
• Has high-energy and is resilient to change and challenges.
• Strives to continuously grow in technical ability.
• Self-driven and thrives in high change environments.

Skills

• Communication, Data Accuracy, Data Analysis, Data Analytics, Data Extraction, Data Integrity, Data Management, Data Science, Data Validation, Microsoft Power Business Intelligence (BI), Problem Solving, Statistical Analysis, Statistics, Teamwork

Education

• Bachelors Degree (B): Mathematical Statistics (Required)
   

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Job Description

• Execution of the On-Platform Business Solutions growth and profitability drivers and enhance the organisations presence and reputation within the general insurance industry. Deliver channel value proposition to build and cement relationships in portfolio of brokers.
• Execution of the On-Platform Business Solutions growth and profitability drivers and enhance the organisations presence and reputation within the general insurance industry.
• Deliver consistent growth on Gross Written Premium (Monthly / Quarterly / Annually) through ensuring quotes and sales are continuously hitting planned targets.
• Proactively monitor sales trends and identify and implement corrective actions as required. (i.e. drive new business by managing quotations and conversion ratios to guide conversations / provide status updates)
• Deliver profitability and growth targets by ensuring that services and solutions provided to our brokers within the candidate’s portfolio meets or exceeds defined service level agreements.
• Deliver on coordinated business development opportunities.
• Support the Senior Relationship Manager make and deliver presentations to brokers to ensure alignment of broker and insurer goals and objectives and clearly present the economic result of the business relationship between the two parties.
• Ensure statutory and legislative knowledge is always current in order to resolve broker issues, queries as well as customer complaints.
• Be able to advise the business on corrective solutions to mitigate compliance and business risks and to improve the customer experience whilst complying with governance requirements.
• Ensure adherence to contract rights and obligations, organisational policies, practices and procedures.
• Ensure and execute, where necessary, the audit findings are remediated within agreed timelines.
• Ensure a consistent, detailed understanding amongst your peers within the team that business development targets, goals, performance levels, products, business rules and conditions.
• Explore as well as drive opportunities to improve and expand product and service offerings.
• Collaborate with PLCC, Centre of Excellence Underwriting, Sales a and Services Operations and Claims to develop or enhance the current underwriting strategy with the intent to manage the risk and quality of the business being underwritten, while driving growth targets.
• Lead the implementation of measures that monitor the quality and speed of services provided to brokers / customers.
• Agree and drive targets with brokers to achieve growth and profitability budgets
• Identify cross & up selling opportunities across all products.
• Continuous improvement to ensure effective service
• Deliver on campaigns and interventions in line with opportunities, available resources, product scope and best practices.
• Lead the measurement, assessment and reporting on the performance of the portfolio.
• Drive the efficiencies that are required from on-platform activities by brokers.
• Ensure that any duplication or wastage is eliminated from the processes within the portfolio.
• Service delivery to ensure customer satisfaction
• Maintain service, quality and desired outputs across the business process by ensuring compliance to tactical policies, procedures and standards.
• 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.
• Ensure cost efficiency through financial and corporate governance
• Contribute to the development and implementation of fit for purpose budgets.
• Manage supplier relationships, and budgets associated with projects.
• Manage quality people practices
• Align own behaviour with the organisation culture and values.
• Share and transfer multiple product, process and systems knowledge to colleagues and team members.
• Collaborate and work with the business to deliver required quotes, sales as well as service levels.
• Actively share information with other team members regarding successes, issues, trends and ideas.

Education

• Matriculation Certificate (Matric)  (Required)

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Job Description

Role Overview

• Use your specialist technical medical knowledge to assess risk for business and/or specific products.
• Uses specialist technical knowledge to evaluate and manage the validity of contracts and determine and manage the liability of claims (Assessor).
• Determines, selects and accepts risk and/or liability on behalf of the organisation.
• Evaluates proposals and medical / financial evidence against business rules and practices.
• Manage a portfolio of clients which encompasses presentations, reporting and assistance with the claims process.
• Ongoing process optimisation & improvements within teams with a focus on implementing best practice in the longer term
• Acts as mentor and coach for new staff
• Collaborates effectively with others to achieve team goals
• Regular engagement with Corporate teams, providing feedback to product team on claims trends
• Accepts and lives the company values

Role Requirements

• Grade 12/Matric with Biology, Mathematics
• Completed medical / medically aligned Degree, e.g. Nursing, Occupational Therapy, Physiotherapy
• Minimum 2 years Clinical experience
• Experience in the Financial Service Industry is highly advantageous
• Specialised medical knowledge through learning or experience - essential
• Disability Claims assessment experience in a Group Assurance or Risk environment and GAP product knowledge - advantageous 
• Well developed interpersonal skills
• Strong verbal and written communication skills
• Attention to detail
• Good presentation skills
• Computer literate and proficient in MS Office programmes e.g. Word & Excel
• Have sound analytical and problem solving abilities with a focus on attention to detail
• Work effectively with internal and external colleagues and clients to accomplish organisational and team goals
• Enjoy working in a progressive environment