Job Vacancies at Bryte Insurance Company Limited

Key Task & Accountabilities

• This role reports into the CEO of Bryte Specialist Motor (BSM).
• Establish reasonable sales targets that are in line with the Company strategy and identify shortcomings in the market plan – adjusting as needed.
• Develop and implement effective sales strategies and implementing processes and procedures.
• Responsible for the growth and managing a pipeline in respect of desired growth whilst demonstrating specialised knowledge and expertise in products and industry; always maintaining profitability.
• Prepare monthly, quarterly, and annual sales forecasts.
• Oversee portfolio performance nationwide.
• Management, coaching and development of Portfolio Managers to assist with establishing and maintaining a high-performance culture.
• Build relationships with internal and external stakeholders to successfully negotiate with customers on their insurance needs.
• Lead the development and implementation of business solutions through providing innovative ideas in respect of product development.
• Liaise with Marketing and Product Development Departments to ensure brand consistency.
• Ensure consistent application of the Underwriting Rating Guidelines.
• Oversee audit processes with regards to the onboarding of new propositions. (Authorising new Broker Agencies).
• Perform research and identify new market opportunities and clients.
• Offer guidance and support; keep the Sales team motivated and ensure they are engaged.
• Manage and oversee the client database.
• Recognise top producers for their contribution to the Company.

Stakeholder Management

• MD’s office
• Executive team
• Communication and events teams
• Functional business heads
• Actuarial committee
• Reserving committee
• External Partners
•  Agents
•  Administrators and UMAs
• External and internal networks

Leadership Accountabilities

• Model behaviors that demonstrate commitment to Bryte’s guiding principles.
• Lead a high-performing team and complete performance management cycle for direct reports.
• Create people management plan to ensure human capability is in place as part of business planning process.
• Take action to manage own personal development and encourage others to do the same.
• Lead the team; lead by example and set the yardstick by which other teams measure themselves.

Qualifications & Experience

• Higher Certificate in Insurance, Fellowship advantageous
• RE 5 (RE 1 will be advantageous)
• 8 or more years’ experience in Commercial Underwriting and Portfolio Management
• 3 – 4 years management experience
• Technical knowledge of the Motor and Commercial Products as well as the relevant Regulatory and Compliance requirements 

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Key Tasks & Accountabilities

Reactive Investigations

• Conduct and manage all reported and detected incidents of economic crime and/or misconduct, in line with departmental standards and Group guidelines. 

Fraud Risk Assessment

•  Identify and assess potential fraud risks within the company, considering both internal and external factors. 
• Policy Development: Develop and implement fraud prevention policies, strategies, and procedures. 

Training and Awareness

•  Provide training and awareness programs to employees, on fraud prevention, identification and ethics, promoting Creates an environment wherein employees feel comfortable about reporting fraudulent activities.
• Control Implementation: Implement and monitor fraud control mechanisms and governance structures. 

Gap Analysis

•  Conduct gap analyses to identify areas where fraud controls are weak or missing. 

Data Analysis

•  Utilize data analysis techniques to identify patterns and anomalies that may indicate fraud. 

Compliance

• Ensure compliance with relevant laws, regulations, and industry standards as relevant to economic crime

Reporting

• Prepare reports and presentations on
• Assist management with reporting to the relevant governance structures, highlighting and summarising the overall results of the function’s operations, successful practices and significant risks identified.
• fraud risk management activities. 
• identified system and/or control weaknesses, which resulted in criminal activity and make recommendations as to appropriate action required
• outcome of investigations conducted                                          
• Track recommendations made to ensure implementation takes place as agreed with business management.                                                                                                                              
• Ensure compliance with Bryte Code of Business Ethics and the Zero Tolerance Policy by recommending disciplinary action against perpetrators of economic crimes and/or initiating criminal proceedings where necessary.                                     
• Maintain and update the case management systems, in respect of investigated incidents.                                                                                                    
• Maintain knowledge to keep up to date with fraud trends, fraud risks and legal requirements.
• Assist with reviewing and revising anti-fraud processes and activities.
• Maintain close and regular contact with internal clients of the function to facilitate ongoing awareness, understanding and mitigation of fraud risks.

Qualification & Experience

• Relevant tertiary qualification in related fields of study (e.g. investigation, law, compliance, law enforcement, etc).
• Professional qualifications preferred e.g. Certified Fraud Examiner or studying towards qualification
• Experience in the Insurance Industry will be preferred
• Minimum of six years forensic industry experience. 
• Performing fraud risk assessments and control reviews.
• Conducting investigations
• Promoting corporate governance
• Consulting and project management
• Working with external suppliers and consultants
• Interacting and communicating on different management levels
• Establishing, implementing and delivery of training.