SOUTH AFRICAN SPECIAL RISK INSURANCE ASSOCIATION (SASRIA) VACANCIES

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INVESTMENT ANALYST X2
 
DETAILS
Closing Date 2024/05/17
Reference Number SAS240503-1
Job Title Investment Analyst x2
Job Type Permanent
Division Finance
Department Investment Managements
EE Occupational Levels Level 4 & 5: Skilled, Technical and Academically Qualified
Location - Town / City Sandton
Location – Province Gauteng
Location – Country South Africa
 
Job Advert Summary

• The Investment Analysts will assist the Senior Investment Manager in the implementation of the investment policy and investment strategy.
• Prepare investment performance monitoring and reporting.
• Prepare quarterly investment packs for Investment Steering Committee and Investment Committee.
• Assist with asset manager selection, appointment and monitoring.
• Monitoring and reconciling of Sasria’s investment accounting data.
• Conduct asset manager due diligence exercises and reporting.
• Assist Sasria with ESG incorporation, responsible investment, and reporting.
• Assisting with Investment Statutory Reporting and Financials.

 
Minimum Requirements
Minimum Qualifications:

• Relevant B degree qualification (B Com/ BAcc)
• Advantageous if the qualification is relevant to investments

 
Minimum Experience:

• Minimum 2 years in an investment environment.
• Please note that preference will be given to people with disabilities.

 
Duties and Responsibilities   
1. Operational

• Compile data received from asset managers for reporting to Senior Investment Manager.
• Reconcile data received from Asset managers vs what is received from the bank.
• Monitoring of post-trade mandate compliance.
• Assist in the preparation of investment commentary for monthly reporting to internal stakeholders.
• Provide investment portfolio information to the Senior Investment Manager for the actuarial team.
• Populate data received from Actuarial department on market performance indicators on a monthly basis for investment workings.
• Assist in the preparation of monthly investment reports.
• Assist Investment Manager in the preparation of investment performance packs for Investment Steering Committee and Investment Committee.
• Maintain relationships with service providers for outsourced functions such as asset managers, asset consultants, investment administrators.
• Resolving any investment related queries with, asset Managers, asset consultants, investment administrators.
• Consolidating, monitoring, and analysing investment data.
• Reporting on Sasria’s investment portfolio and performance and Identification of investment risks and opportunities.
• Assisting the Head of investments with ad-hoc activities.
• Monitoring and Reporting of Investment Performance Reporting using StatPro Revolution.
• Monitoring of financial markets using Bloomberg.

 
2. Financial & Statutory Reporting

• Daily Compilation of Asset managers data and calculation of Assets Under Management (AUM).
• Monthly and Quarterly investment reconciliations.
• Month end Investment journals.
• Monthly invoices
• Compliance and Variance/Cash report

 
 
POLICY
We are committed to Employment Equity when recruiting internally and externally. It is company policy to promote from within wherever possible. Therefore, please be aware that internal candidates will be considered first before reviewing external applicants, provided that this supports achievement of our Employment Equity goals.
 
PLEASE APPLY HERE
 
 
 
 

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LEGAL OFFICER
 
DETAILS
Closing Date2024/05/16
Reference Number SAS240502-2
Job Title Legal Officer
Job Type Permanent
Division Governance and Secretariat
Department Legal
EE Occupational Levels Level 2 & 3: Semi-skilled
Location - Town / City Sandton
Location – Province Gauteng
Location – Country South Africa
 
Job Advert Summary

• The Legal Officer will assist the Legal department in provision of an effective legal service to the company.
• Assist in conducting legal research and in provision of legal impact analysis and advice to ensure awareness on new laws.
• Ad-hoc administrative tasks

 
Minimum Requirements
Minimum Qualifications:

• LLB or equivalent legal degree

 
Minimum Experience:

• At least one-year post-qualification experience in an internship / similar engagement in a legal firm or insurance and contract management environment.
• Please note that preference will be given to people with disabilities.

 
Duties and Responsibilities   
1. General legal advice

• Draft legal opinions, memoranda and other related legal documents for review by the Legal Manager.
• Conduct legal research and provision of legal impact analysis and advice to ensure awareness on new laws.
• Provide assistance of a legal nature to internal committees and forums.
• Provide assistance in legal interpretation in respect of internal compliance matters.

2. Legal research

• Research issues relating to the non-life insurance industry and legislation that might impact Sasria for review by the Legal Manager.
• Assist in the provision of full analysis of new and amendments to legislations and advise the company on the impact of non-compliance within 15 business days of being gazetted.
• Assist with legal interpretation in the development of Compliance Risk Management Plans on all new legislations as and when requested by the Compliance Department.

3. Contract /SLA Management

• Maintenance of Sasria Contract register.
• Manage movement and filing of original contracts.
• Assist in ensuring that the Contract register up-to-date and easily accessible.

4. Training Support

• Assist in training on new legislation or amendments of legislations as and when requested by departments within Sasria.
• Assist in policies and procedures training on an annual basis.

5. Assessing relevant legislation and advising on amendments

• Support the Legal Adviser and Legal Manager in provision of assistance in respect of internal compliance matters.
• Assist the Adviser and Legal Manager in ensuring that the Compliance Risk Universe for Sasria is kept up-to-date and communicated to all Divisions annually or whenever there are changes.

6. Identifying areas of concern and provide possible solutions

• Support the Legal Manager in assisting Managers in identifying areas of concern and providing possible solutions.
• Provide assistance of a legal nature to internal committees and forums.

7. Development of policies and procedures

• Assist in compiling of draft agreements, memoranda and legal briefs on behalf of the Legal Department and Sasria as and when required.
• Assist in development, drafting and advice on compliance and legal frameworks, practices and policy issues.

8. Perform ad hoc tasks

• Perform any reasonable ad hoc tasks as and when required by the Legal Manager.

 
POLICY
We are committed to Employment Equity when recruiting internally and externally. It is company policy to promote from within wherever possible. Therefore, please be aware that internal candidates will be considered first before reviewing external applicants, provided that this supports achievement of our Employment Equity goals.
 
PLEASE APPLY HERE
 
 
 
 

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TECHNICAL UNDERWRITER
 
DETAILS
Closing Date 2024/05/09
Reference Number SAS240424-1
Job Title Technical Underwriter
Job Type Permanent
Division Insurance Operations
Department Strategy and Underwriting
EE Occupational Levels Level 4 & 5: Skilled, Technical and Academically Qualified
Location - Town / City Sandton
Location – Province Gauteng
Location – Country South Africa
 
Job Advert Summary

• The Technical Underwriter will perform technical underwriting tasks and participate in the implementation of underwriting terms and conditions for policy holders and implementation of rules and regulations for our distribution channel.
• Review terms and conditions of products annually to ensure they remain relevant and up to date.
• Conducting GAP analyses of our rules and regulations to ensure they remain relevant and up to date.
• Handle queries and provide technical assistance to our brokers and Agents through visits.
• Review rates annually, ensuring competitiveness and viability of the product.

 
Minimum Requirements
Minimum Qualifications:

• Higher Certificate in Short-term Insurance
• RE 5                                                       
• Advantageous Tertiary qualification (Bcom degree or similar)

 
Minimum Experience:

• 5 – 7 years’ experience in Short term Insurance - commercial underwriting or portfolio management
• Preference will be given to people with disabilities.

 
Duties and Responsibilities   
1. Strategic Alignment

• Contribute towards the development of the company’s strategic plans.
• Contribute in the development and drive of the divisional strategy.
• Participate in Updating of policy wordings and regulations.
• Conduct market analysis in order to analyse industry needs and contribute towards the enhancement of existing products.
• Implement departmental policies and procedures.

2. Rate development

• Partner with Actuarial function on pricing for new products, analysis of risk, to ensure that products are priced correctly.
• Analyse claims and premiums trends which provide input into underwriting pricing and risk.

3. Underwriting function

• Review terms and conditions of products annually to ensure they remain relevant and up to date.
• Conducting GAP analyses of our rules and regulations to ensure they remain relevant and up to date.
• Handle queries and provide technical assistance to our brokers and Agents through visits.
• Review rates annually, ensuring competitiveness and viability of the product.
• Conduct research on possible new products and enhancement to existing products.
• Continuously review product information on our website to ensure remains up to date and relevant.
• Monitor and report on the loss ratio movement per class of business.
• Monitor and apply corrective measures on multi claimants.
• Participate in monthly operations reporting on financial and operations.

4. Training function

• Provide education through various platforms on Sasria products to clients/agents, ensuring basic understanding of Sasria’s role in the market.
• Review and compiling of training material (manuals & presentations).
• Conduct national road shows on Sasria products
• Continuously review product information to ensure its relevance.
• Dissemination of product information to the market.

5. Risk Management

• Identifying Risks and Emerging Risks.
• Establish required controls to mitigate operational risks.

6. Financial

• Contribute in compiling budgetary requirements.
• Control the departmental budget ensuring expenditure remains within the set parameters.
• Perform any reasonable tasks as and when required by the Line Manager.

7. Perform ad hoc tasks

• Perform any reasonable tasks as and when required by the Line Manager.

 
 
POLICY
We are committed to Employment Equity when recruiting internally and externally. It is company policy to promote from within wherever possible. Therefore, please be aware that internal candidates will be considered first before reviewing external applicants, provided that this supports achievement of our Employment Equity goals.
 
PLEASE APPLY HERE

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INFORMATION AND RECORDS ADMINISTRATOR (10 MONTHS)
 
DETAILS
Closing Date 2024/05/09
Reference Number SAS240502-1
Job Title Information and Records Administrator (10 Months)
Job Type Fixed Term Contract
Division Business Change and Technology
Department Information and Records Management
EE Occupational Levels Level 4 & 5: Skilled, Technical and Academically Qualified
Location - Town / City Sandton
Location – Province Gauteng
Location – Country South Africa
 
Job Advert Summary

• The Information and Records Administrator will support the implementation and integration of an Information Management Program by ensuring that records management principles are adhered to.
• The incumbent will assist the manager by ensuring that all records are filed, retained and disposed as per the organisation’s policy and procedure.

 
Minimum Requirements
Minimum Qualifications:

• Tertiary qualification (degree/diploma) in Library Science, Information Science or related Records Management qualification
• Matric

 
Minimum Experience:

• Minimum 2 years’ experience in records management
• Please note that preference will be given to people with disabilities.

 
Duties and Responsibilities   
1. Records and electronic content Administration

• Assist in the setting up of both physical and electronic records.
• Set up Registries (Records Management Units and Records Centre storages).
• Assist with the appraisal and disposition of public records.
• Assist the Records Manager in the Retention and Disposal Schedules for functions which are common to all Government Organizations.
• Assist in the implementation of the various file plans.
• Provides administrative support in organising and maintaining all intellectual property (IP) of the organisation.
• Establishing the standards and controls to reliably archive and retrieve records as well as ensure compliance with external audits and related legislative frameworks.
• Standardise information sources throughout the organisation.
• Retrieval of Project Files Reports and Proposals requested from Archives (Offsite storage).

2. Documentation Development & Maintenance

• Acquire datasets, organise and disseminate, and provide content management search services.
• Capturing, distribution, use, storing, protection and disposing of the organizations information.
• Train and supervise records staff.
• Manage the changeover process.

3. Ad hoc

• Preform ad hoc task when required by line manager.

 
 
POLICY
We are committed to Employment Equity when recruiting internally and externally. It is company policy to promote from within wherever possible. Therefore, please be aware that internal candidates will be considered first before reviewing external applicants, provided that this supports achievement of our Employment Equity goals.
 
PLEASE APPLY HERE