Insurance Operations Administrator Marine

Marsh Mclennan; Durban; On-site; ZAR 300,000 - 600,000; Full time

Job summary

An established industry player is looking for a Policy Administrator to join their Marine team in Durban. This hybrid role requires a minimum of 3-5 years of experience in short-term insurance, particularly in the Marine sector. You will play a pivotal role in managing policy administration, ensuring compliance with statutory regulations, and supporting business development efforts. This dynamic environment fosters professional growth and collaboration, allowing you to work with talented colleagues while making a meaningful impact on clients and the community. If you're detail-oriented and passionate about the insurance industry, this opportunity is perfect for you.

Benefits

Professional development opportunities

Inclusive culture

Career opportunities

Flexible work environment

Qualifications

• 3-5 years of experience in short-term insurance, preferably in Marine.
• Knowledge of the FAIS Act and short-term insurance regulations.

Responsibilities

• Support business development and prepare policy documentation.
• Manage policy administration and ensure compliance with regulations.

Skills

Short-term insurance experience

Analytical skills

Attention to detail

Education

Matric

FAIS regulatory exams (RE1)

INSETA qualification

Job description

We are seeking a talented individual to join our Marine team at Marsh. This role will be based in Durban Umhlanga. This is a hybrid role that has a requirement of working at least three days a week in the office.

As a Policy Administrator, you will be responsible for ensuring that the administration process in respect of new business renewals and midterm amendments is handled professionally, accurately, and swiftly to uphold our high standard of service levels to our clients.

You will report to the Insurance Operations Supervisor.

We will count on you to:

1. Business development: support proposal and tendering for client executives.
2. Policy Administration Management: provide the admin process in respect of policy administration handled timeously to ensure deadlines are maintained and service levels upheld; preparation of policy documentation for submission to Insurers; general administrative functions including monthly reports.
3. Compliance Management: comply with all statutory and company regulations to protect clients and business interests; ensure that disclosure and business documents adhere to the requirements of the FSCA and the business.

What you need to have:

1. Minimum 3-5 years of experience in short-term insurance, preferably in the Marine / Goods In Transit environment;
2. Knowledge of the FAIS Act and other legislation governing the short-term insurance industry;
3. Essential qualifications: Matric and FAIS regulatory exams (RE1).

What makes you stand out:

1. A recognized INSETA qualification in the short-term insurance industry is preferred.
2. Strong analytical skills and the ability to interpret broking information effectively.
3. Excellent attention to detail and a high level of accuracy in all tasks.

Why join our team:

1. We help you be your best through professional development opportunities, interesting work, and supportive leaders.
2. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact for colleagues, clients, and communities.
3. Our scale enables us to provide a range of career opportunities as well as benefits and rewards to enhance your well-being.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world's top insurance broker and risk advisor. Marsh McLennan is a global leader in risk strategy, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit Marsh or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive, and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are also committed to providing reasonable support to any candidate with a disability to allow them to fully participate in the recruitment process. We welcome candidates to contact us to discuss any specific needs.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections, and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one anchor day per week on which their full team will be together in person.