Hot Jobs at Old Mutual

Job Description

• The role is responsible for the financial accounting of all the entities related to incentive schemes relating to Old Mutual Investments, work on the incentive schemes itself as well as providing support on the Group reporting requirements The Old Mutual Investments has several incentives schemes to attract and retain staff. These are done by offering staff restricted equity instruments which are housed in various entities.

Primary Functions:

Financial Reporting

• Control and oversight of the GL for the entities
• Preparing and reviewing of journals
• Preparing and reviewing of bank reconciliations
• Preparation of information for Board packs, beneficiary packs
• Responsible for audit liaison and preparation of annual financial statements
• Compliance with tax, legislative and statutory requirements

Carried Interest and co-investment Schemes

• Provide financial information for investor communications, including periodic reporting
• Calculate investor distributions and contribution amounts required
• Preparation of drawdown/distribution notices
• Maintenance of investors capital commitment accounts and unit/share registers
• Prepare response to investor queries and requests

Medium Term Incentive Scheme 

• Maintaining Cash flow for each participant employer
• Maintaining proper accounts of all investments, vesting of funds, switches, redemptions (e.g resignations, retrenchments, etc.)
• Maintain proper accounts of all resigned accounts per employer
• Maintaining CGT calculations of all switches & redemptions
• Maintain Trial Balance, Income Statement, Balance Sheet, Reconciliations

OMIG Management Equity Scheme  

• Preparation of monthly journals for each participating
• Maintaining proper accounts in respect of vested and forfeited shares
• Maintenance share register

Ad-hoc

• The remuneration arena is dynamic and therefore the incentive structures are often redesigned to align to OMIG’s strategy and market trends.The schemes listed above may change from time to time and the role may have additional ad-hoc functions from time to time.

Basic Job Requirements

• BCom + Articles
• 3-5 yrs experience in financial services
• Management Accounting knowledge
• Knowledge of IFRS
• Exposure to tax

Competencies Required

• Technical knowledge, including the application of Great Plains GL
• Some commercial knowledge of asset management
• Contractual competence
• Good planning and organizing skills
• Strong Excel skills
• Proactive and analytical orientation
• Attention to details
• Adaptability
• Able to multitask

Skills

• Financial Accounting, Financial Reporting and Analysis, Management Reporting

Education

• Bachelor of Commerce (BCom)  (Required)
   

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Job Description

• To create and maintain an enterprise view of all tech initiatives that can be monitored and reported, through development and implementation of project management standards and governance framework. Incorporating demand management and vendor management alongside OMI Agile coaches, identifying risks and mitigations and budgetary tracking for strategic project delivery in the group CIO’s office, and acts as the guardian of agile portfolio, mindset, and processes.
• Establishment of the EPMO function
• Ownership of Overarching Delivery Management
• Responsible for Overall Delivery of Strategic IT Projects
• People & Process Management
• Continuous improvement to ensure effective service.

Experience, knowledge & skills required

• Bachelor’s degree or equivalent qualification
• 8-10 years’ experience in Project Management.
• 3-5 years’ experience in the application of project management aspects within a PMO environment.
• PMP certificate advantageous
• PMI-ACP, Agile, SAFe certificate or similar

Education

• Bachelor Commerce: Information Technology And Computer Science: Information Technology Management (Required)

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Job Description

• The role of a VPI Teleconsultant is one that demands utmost professionalism, integrity and a customer-centric approach. A  VPI Teleconsultant builds trust with their clients telephonically by engaging them in a respectful manner and ensuring they are offered financial products in line with their needs.
• What will be required of you?
• Marketing Old Mutual products to new and existing clients telephonically, in line with the clients needs and financial goals, to enable positive financial futures and protection of assets and estate.
• As a financial services professional, you will be accountable for maintaining superior service delivery to your customers, through effective personal time and task management.

What do we need from you?

• Matric/Grade 12
• Clear Credit and Criminal records
• A minimum of 1 year outbound call centre sales experience
• Knowledge and Experience within Retail Mass Market/Group Schemes environment
• Previous financial services experience desirable
• Clear Credit and Criminal Records
• Computer Literacy

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Role overview

• This role will be responsible for third party due diligence investigations to assess and report on risks in relation to Old Mutual policies and to meet regulatory compliance e.g. Anti-Money Laundering and Anti-bribery and Corruption policies/legislation, reputational risk assessments.  The incumbent will assess and report the status, legitimacy and overall reputation of a company, its principles and/or associated individuals.

Key Result Areas

Reduced reputational risk: 

• Focus is primarily on high and medium risk reviews.

Delivered client service:

• Conduct due diligence investigations on individuals, business entities and associated entities, by following the due diligence assessment process. This entails conducting research and sourcing information utilizing a number of internal databases and third party systems.
• Draft due diligence reports by consolidating and collating analyzed information, highlighting potential risks/red flags and making recommendations to senior management.
• Ensure governance and compliance standards are met by recording due diligence assessment outcomes on the case management systems for future reference.
• Prevent potential risks by processing, analyzing and highlighting risk information to stakeholders.
• Highlight system and work obstacles to management by reporting and escalating operational problems and by ensuring maintenance and/or improvement of service delivery to stakeholders.
• Provide forensic investigation support by obtaining and verifying information that could assist forensic consultants in their investigations.

Requirements: Skills, Qualifications, Experience required 

• Grade 12
• BCom degree or relevant
• A minimum of 3 years’ relevant experience in a financial services/ insurance environment (insurers and/or banks).
• Good knowledge of the financial services industry and types of products, as well as an understanding of typical performance and risk measures.
• Experience in research methodology, anti-money laundering and anti-bribery and corruption investigations.
• Ability to analyze and interpret financial / transactional data in order to identify typical financial crime typologies / red flags.
• Requires excellent report writing skills.
• Financial risk management / oversight experience would be a distinct advantage.
• Experience in conducting financial health assessments would be advantageous.

Competencies:

• Excellent verbal and written communication skills.
• The ability to perform under pressure, related to both time and consequence.
• The ability to interact and work with different teams across a diverse front.
• Strong forward-thinking and analytical skills.
• Pragmatic and numerate.
• Logical thought processes and critical thinking skills resulting in sound judgment.
• Decision-making abilities

Education

• Bachelor of Commerce (BCom)

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Job Description

• This role is responsible for providing exceptional customer service and financial education and to achieve lending, servicing, transactional banking and insurance sales targets through the marketing and selling of Old Mutual and its products. 
• The incumbent is individually accountable for achieving results through own efforts.
• Meets monthly sales targets in terms of lending, transactional banking and insurance.
• Servicing of existing Old Mutual policies such as facilitation of claims and attending to customer complaints and queries in order to meet the Net Promotor Score (NPS) requirements.
• Check loan application documentation for accuracy, authenticity and compliance to Policy and Procedures as well as completeness
• Accurately capture all client information on Summit as per loan application and supporting documentation
• Suspend or reject loan applications to be re-quoted as and when required
• Report suspicious or fraudulent loan application documents to the Branch Manager
• Explain the Loan Application Process to facilitate client understanding of the process
• Explain Terms and Conditions of Old Mutual Finance Products to clients
• Issue copy of Contract / Agreement to Client
• Print loan agreement for client’s signature
• Correct altered loan application information sent for rework and reprint for client’s signature
• Follow up on clients with 1st and 2nd missed instalments
• Meets collections and arrears targets in terms of lending products.
• Educates clients on responsible use of credit and effective money management
• Establishes a new business pipeline through internal and external marketing, lead generation and cross sell to customers to ensure the retention and acquisition of new clients.
• Adheres to internal regulatory and legislative governances to ensure quality business and mitigate risk.
• Facilitates intra branch referrals by building mutually beneficial relationships with other business units (i.e. Retail Mass Market, Personal Finance, Octogen etc.)
• Provides excellent face to face and telephonic service to customers.
• Project / promote the professional image of Old Mutual Finance by adhering to the dress code, housekeeping, professional behavior and code of conduct
• Builds sustainable relationships that enhances the brand.
• Delivers on daily production standards and adheres to service and quality standards.
• Processing of lending products and verification of the required information.

Minimum Requirements

• National Senior Certificate or; (Equivalent NQF level 4)
• Minimum of 1 years sales or service experience (preferably in the Retail, Banking & Financial Industries)

Skills

• Ability to Sell, Communication, Company Policies, Credit Policies, Customer Centric Selling, Digital Savvy, Interpersonal Relationship Management, Numeracy, Sales

Education

• National Certification (Nat Cert)  (Required)
   

go to method of application »

Job Description

• This role is responsible for providing exceptional customer service and financial education and to achieve lending, servicing, transactional banking and insurance sales targets through the marketing and selling of Old Mutual and its products. 
• The incumbent is individually accountable for achieving results through own efforts.
• Meets monthly sales targets in terms of lending, transactional banking and insurance.
• Servicing of existing Old Mutual policies such as facilitation of claims and attending to customer complaints and queries in order to meet the Net Promotor Score (NPS) requirements.
• Check loan application documentation for accuracy, authenticity and compliance to Policy and Procedures as well as completeness
• Accurately capture all client information on Summit as per loan application and supporting documentation
• Suspend or reject loan applications to be re-quoted as and when required
• Report suspicious or fraudulent loan application documents to the Branch Manager
• Explain the Loan Application Process to facilitate client understanding of the process
• Explain Terms and Conditions of Old Mutual Finance Products to clients
• Issue copy of Contract / Agreement to Client
• Print loan agreement for client’s signature
• Correct altered loan application information sent for rework and reprint for client’s signature
• Follow up on clients with 1st and 2nd missed instalments
• Meets collections and arrears targets in terms of lending products.
• Educates clients on responsible use of credit and effective money management
• Establishes a new business pipeline through internal and external marketing, lead generation and cross sell to customers to ensure the retention and acquisition of new clients.
• Adheres to internal regulatory and legislative governances to ensure quality business and mitigate risk.
• Facilitates intra branch referrals by building mutually beneficial relationships with other business units (i.e. Retail Mass Market, Personal Finance, Octogen etc.)
• Provides excellent face to face and telephonic service to customers.
• Project / promote the professional image of Old Mutual Finance by adhering to the dress code, housekeeping, professional behavior and code of conduct
• Builds sustainable relationships that enhances the brand.
• Delivers on daily production standards and adheres to service and quality standards.
• Processing of lending products and verification of the required information.

Minimum Requirements

• National Senior Certificate or; (Equivalent NQF level 4)
• Minimum of 1 years sales or service experience (preferably in the Retail, Banking & Financial Industries)

Skills

• Ability to Sell, Communication, Company Policies, Credit Policies, Customer Centric Selling, Digital Savvy, Interpersonal Relationship Management, Numeracy, Sales

Education

• National Certification (Nat Cert)  (Required)

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Job Description

• This role manages a sales team and distribution strategy and is accountable for the sales targets and profitability of the team, over periods of up to a year.
• The successful candidates must 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.
• Manages sales & expense budget for a sales team in a branch against set targets.  
• Responsible for distribution strategy of products within a branch.
• Accountable for local marketing.
• Identifies & creates coordinated sales opportunities.
• Responsible for external networking & relationship building with key door openers.
• Ensures delivery of customer value.
• Manages, develops, appoints & trains sales agents.
• Responsible for 15-20 Sales Agents

Skills

• Expense Budgeting, Managing Sales Teams, Profitability, Sales Objectives

Education

• Matriculation Certificate (Matric)  (Required)

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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

• This role manages a team of financial and client relations consultants and all processes in a branch to ensure achievement of objectives and drive overall branch performance. Individually accountable, over periods of 1 day to 3 months for ensuring sales targets and objectives of the team are achieved.
• Supports and motivates the consultant team in the branch to drive sales and service of insurance and lending products, as well as referrals and collections and effectively communicating and setting clear expectations on targets and required outcomes.
• Manages the branch as a profit centre, ensuring the appropriate balance of products sold, service and expenses.
• Manages and supervises the consultant team through effective performance appraisal, handling of disciplinary issues, and monitoring of staff attendance.
• Conducts manager reviews and ensures policies, procedures and company values are adhered to in all branch operations, and that there is a compliance of processes for audit purposes and deal proactively with any non-compliance.
• Ensures that consultants are properly trained and internal capabilities are developed through the identification of talent, ongoing informal and formal coaching and mentoring and the structuring of effective development plans focused on both sales and soft skills.
• Plans and monitors daily and future activities and progress to identify any impact on targets and productivity and ensure all operations run smoothly and efficiently.
• Maintains branch operations through effective expense and cost management in support of branch profitability.
• Ensures that all people resources, systems and equipment are in place, functional and comply with the corporate identity to promote professionalism and efficiency of the branch.
• Achieves superior customer service and client centric behaviour through resolving client queries and complaints promptly, professionally and effectively.
• Manages the relationship with internal & external stakeholders (RMM, i-Wyze, Octogen, PFA, etc.) and to effectively manage the referral process between business units.
• Proactively identifies new business or sales opportunities and actively and effectively market the products and services to ensure business growth.

Minimum Requirements:

• National Senior Certificate or NQF 4 equivalent qualification
• RE 5 (advantageous)

go to method of application »

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)