Hot Jobs at King Price Insurance

Purpose of position:

• Assisting the compliance function with assessing and monitoring the company’s operational departments to ensure it is conducting its business in compliance with applicable laws and regulations pertaining to the financial services industry

Responsibilities:

Compliance monitoring and reporting

• Assisting with the monitoring of FAIS compliance by all key individuals and representatives and ensuring that relevant changes are communicated to the FSCA
• Developing, maintaining, and reviewing policies and procedures for the general operation of the company’s standards of conduct
• Compiling of meaningful monitoring reports and ensuring the timeous escalation of compliance risks and incidents
• Pro-actively identifying existing and potential control deficiencies and exposures from ongoing monitoring reviews
• Ensuring that all monitoring of routine procedures address the changing needs of the business
• Providing general guidance on how to avoid and mitigate potential compliance risks and implementing action plans
• Submission of regulatory returns and information requests to regulatory bodies as and when required

Compliance awareness

• Maintaining expert knowledge on relevant legislative amendments, industry best practices and provision of proactive advice and solutions to relevant stakeholders
• Conducting risk and compliance management awareness programmes within the company
• Promoting a culture that emphasises and demonstrates the importance of internal controls and risk by pointing out the implications of non-compliance

General

• Developing, leading and/or participating in staff compliance training
• Compiling a compliance report for the risk and compliance committee based on information obtained, and submit same to the Compliance Manager and/or the Head of Compliance for review and finalisation
• Dealing with regulatory enquiries and liaising with regulatory bodies as and when required

Requirements:

• Minimum 2 years’ experience in a compliance related role with in-depth knowledge of the non-life insurance industry, control environment and applicable legislation (i.e., Insurance Act, Short-term Insurance Act, FAIS Act, POPIA, COFI Bill)
• A relevant legal / compliance qualification
• Relevant fit and proper requirements must be in respect of honesty, integrity and competence
• RE1
• RE5 (advantageous)  

Skills and Attributes:

• Ability to identify compliance risks and make recommendations
• Attention to detail and meticulous accuracy is essential
• Ability to professionally communicate with various levels of staff and management
• Willingness to work under supervision (if not already licensed / registered as a Compliance Officer with the FSCA)

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Purpose of position:

• Providing superior service to internal and external clients. Selling products to retain existing clients and attract new business for the organisation.

Responsibilities:

• Dealing with client queries and complaints
• Upselling a variety of products to existing clients, on all levels, in a competent, efficient, and professional way
• Acting in accordance with the quality standards that are in place and in line with the King Price values

Requirements:

• Matric or matric equivalent (essential)
• RE5 (essential)
• Full FAIS qualification (advantageous)
• Previous call centre experience, preferably in client care and/or sales environments (essential)
• Relevant experience in short term insurance (advantageous)
• Excellent product knowledge

Skills and Attributes:

• Live the King Price values
• Excellent attention to detail and quality oriented
• Strong problem-solving, decision-making and objection handling skills
• Deadline and results driven
• Ability to cooperate and communicate with all levels of management and clients
• Strong people skills and client-oriented
• Team player
• Show traits of resilience, integrity, ambition and passion
• Work well under pressure

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Purpose of position:

• Recovering damages and excesses from insured third parties.

Responsibilities:

• Managing client and third-party expectations
• Dealing with client and third-party queries in a professional way and in alignment with our company values
• Initiating new recovery claims
• Assessing the merits and quantum of claims received
• Negotiating settlement agreements with third parties

Requirements:

• Matric (Essential)
• Relevant legal recoveries experience (Essential)
• Having a solid understanding of the claims philosophy and the application thereof

Skills and Attributes:

• Live out the King Price values
• Strong interpersonal skills
• Excellent communication skills (verbal and written)
• Tolerance for stress
• Target driven
• Excellent negotiation, objection- and conflict handling skills
• Enthusiastic and passionate about the job and the company
• Organized, punctual and excellent time management skills