Latest Jobs at Old Mutual

Job Description

Main task is to successfully complete the Business Consultant Development Programme over 10 - 12 months

• Assists the Broker consultant in ensuring that the broker market is serviced at all times.
• Markets Old Mutual services and products to brokers face to face.
• Receives requests for quotations from brokers and makes alterations to existing business.
• Develops and try to find new business with mostly D-rated brokers.
• Builds relationships with brokers.
• Operates on salary. Once training programme is completes, will be promoted to Business Consultant (depending on available vacancies), working for commission only.
• Is coached by the Area Manager and reports into the Area or Sales Manager.

Minimum Requirements

• Driver's lisence
• Grade 12
• Marketing related diploma or degree
• 3 years work experience, preferably within the financial services industry

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Job Description

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.

• Manages sales & sales support processes to ensure branch profitability & to meet business targets.
• Identifies potential new markets & opens up the markets with assistance of Sales Manager.
• Responsible for the external relationship management with key stakeholders.
• Develops local market & resource plan for area.
• Monitors area results.
• Performance manages, coaches and mentors Sales / Branch Managers.
• Responsible for 3-6 Branch / Sales Managers.

What do we need from you?

• Grade 12
• A valid driver's licence and your own car
• RE5
• FSCA Approved Qualification
• Class of Business
• Continuous Professional Development (CPD)
• Clear Credit and Criminal check

Responsibilities

Skills and Experience

• 2-3 years experience in a similar role

Education

• Bachelor Commerce  (Required)

Closing Date

• 7 May 2021

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Job Description

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.

• Provides advice in line with the customer value proposition & compliance framework.
• Develops, tracks & reviews business plan to meet individual performance targets.
• Works in specific allocated markets.
• Works with a specific range of products.
• Prospecting is limited.
• Receives a base salary & bonuses - no commission.

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Job Purpose

Develop and manage technical underwriting strategy with a clear focus on growth, profitability, efficiency and customer satisfaction. Determine, implement and monitor the effectiveness of retail products range in line with the company risk appetite and business strategy. 

Job Objective

• Manage the underwriting on the product set
• Lead the development of tools to support the underwriting framework including product wording, risk acceptance criteria, underwriting rules & guidelines, retention limits, survey standards and risk classification guide.
• Monitors market conditions, competitive landscape regulatory and technological changes and provides feedback on complaints to ensure the product offering remains relevant and competitive.
• Lead the process of any implementing any product or underwriting changes (e.g. setting up business requirements, obtain sign-offs and testing).
• Set the underwriting framework and guidelines in line with business strategy and implement into the various policy administration systems.
• Define underwriting compliance metrics, monitor and track compliance to underwriting guidelines and make recommendations to senior management to mitigate any risks identified.
• Collaborate with the business to facilitate the process of product procurement approvals, on-boarding and launch to market.
• Provide technical underwriting expertise with a clear focus on growth, profitability, efficiency and customer satisfaction
• Manage a team of underwriters that resolves day-to-day technical referrals on larger or more complex risks.
• Provide training to the larger underwriting teams working in the business environment.

Minimum Requirements

• Bachelor degree and/or equivalent NQF Level 7 qualification in general insurance.
• 5 – 8 years’ experience in technical underwriting or product development.
• 3 – 5 years’ experience leading a team of specialist underwriters and / or portfolio managers.

Closing date

• 7 May 2021

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Job Description

Delivery of Services

• Contribute to the development of the portfolio/s audit plan including the update and maintenance of the audit universe and identification of emerging risks;
• Execute and deliver the audit plan and management requests timeously;
• Contribute towards the Combined Assurance Plans for the relevant portfolios;
• Ensure audits are conducted as per the GIA Methodology and that the quality and performance standards are maintained at all times;
• Delivery of impactful audit reports with well thought out management actions and due dates;
• Facilitate the agreement of audit findings and ratings with the relevant stakeholders;
• Analyse root causes of issues identified and make recommendation to management to improve the control environment accordingly as necessary;
• Execute on the issues assurance plan and ensure it is executed timeously and within quality standards.
• Support the Audit Manager and Lead in managing stakeholder engagement and relationships across the relevant portfolio/s; and
• Manage the portfolio/s GIA stats process and monthly reporting process by engaging line 1 and line 2; and
• Comply with IIA Code of Ethics and GIA Policies and Procedures.

Responsibilities

Skills and Experience

• 3-5 years in a similar role in  an insurance industry

Education

• Bachelor of Commerce (BComm): Internal Auditing (Required)

Closing Date

• 11 March 2021

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Job Purpose

Execution of the Outsourced 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 binder brokers.

Job Objective

• Execution of the Outsourced Business Solutions growth and profitability drivers and enhance the organisations presence and reputation within the general insurance industry.
• Deliver profitability and growth targets by ensuring that services and solutions provided to the binder holder 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 binder 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 binder broker issues and queries, 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 binder contract rights and obligations, organisational policies, practices and procedures.
• Ensure binder audit findings are remediated within agreed timelines.
• Ensure a consistent, detailed understanding amongst all team
• members of the business development targets, goals, performance levels, products, business rules and conditions.
• Drive opportunities to improve and expand product and service offerings.
• Collaborate with 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.
• Proactively monitor sales trends and identify and implement corrective actions as required.
• Lead the implementation of measures that monitor the quality and speed of services provided to brokers / customers.
• Drive new business by managing quotations and conversion ratios to guide conversations / provide status updates.
• Agree and drive targets with binder brokers to achieve growth and profitability budgets
• Identify cross & up selling opportunities across all products.

Minimum Requirements

• Grade 12 with Insurance Level IV qualification. 
• Relevant tertiary qualification would be advantageous
• 5 – 8 years' experience in Underwriting and leading a team of Portfolio Managers.
• 3 – 5 years' experience in insurance sales.

Closing Date

• 6 May 2021

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Job Description

• Validate, evaluate and enrich requests sent via email.
• Manage requirements up to the evaluation of requests for the purpose of classification and to enrich requests to enable straight through processing.
• Unpack the purpose / reason for the request and determine if the request is comprehensive and which type of request it is. This includes ascertaining whether this request is new or pre-existing or not offered/supported by the centre.
• Follow up with the requestor if information provided is lacking or the request/instruction is unclear to ensure straight through processing.
• Obtain clarification and/or missing information by applying basic rules for work distribution and request assignment.
• Ensure that requests are managed and distributed to groups available for receiving requests and or work assignments.
• Follow up on outstanding and open tasks to ensure timeous submission of outstanding requirements.
• Identify and report on trends and errors in support of errors cause removal opportunities.
• Ensure relevant correspondence/documents are associated with active service requests to prevent duplication of efforts.
• Identify and highlight specific risk factors to ensure improved output quality.

Closing Date

• 7 May 2021