MANAGER INSURERS SUPERVISION DEPARTMENT

FSCA South Africa; Pretoria; On-site; ZAR 400,000 - 500,000; Full time

Job summary

A regulatory authority in Pretoria is looking for an individual to manage the Insurers Supervision Department, develop a risk-based supervisory framework, and engage effectively with stakeholders. The role requires strong leadership and communication skills, along with the ability to work under pressure. Candidates with disabilities are encouraged to apply.

Qualifications

• Demonstrated ability to work independently and under pressure.
• Proven leadership and management capabilities.
• Strong verbal and written communication skills.

Responsibilities

• Assist with managing the operations of the Insurers Supervision Department.
• Develop, implement, and maintain a supervisory framework for insurers.
• Engage with industry stakeholders on supervisory matters.

Skills

Ability to work independently

Teamwork

High professional judgment

Problem analysis

Communication skills

Interpersonal skills

Leadership qualities

Strategic thinking

Job description

Purpose Of The Job

To assist with the management of the department and to help develop and maintain an appropriate conduct of business supervisory framework for the insurance industry. The person appointed to this position will report to the Departmental Head.

Key Performance Areas

• Assist with managing the operations of the Insurers Supervision Department;
• Assist with the development, implementation, and maintenance of a risk-based conduct of business supervisory framework for insurers;
• Assist in promoting the fair treatment of policyholders by insurers;
• Oversee market conduct on-site compliance inspections where applicable based on policy and the risk-based supervision approach;
• Provide inputs on projects identified in the Department;
• Participate in the development and implementation of the FSCA’s digital transformation initiatives, including the Integrated Regulatory Solution (IRS);
• Assist the Departmental Head by recommending and implementing changes to the regulatory framework and policy within the FSCA;
• Engage with industry stakeholders on various conduct of business supervisory matters;
• Engage with senior management within the FSCA on operational and strategic matters as required;
• Engage with management of insurers on complex matters as required;
• Engage with stakeholders on an international level;
• Manage the human resources of the team effectively by training, developing, monitoring, leading, and assessing staff performance.

Other Key Competencies

The candidates must demonstrate the following skills: the ability to work independently and as part of a team, function well under pressure, exercise high professional judgment, analyze problems using applicable legislation and relevant sources, gather and analyze information, interact effectively with internal and external stakeholders including senior management, organize, lead, and motivate a team to meet organizational goals, possess good verbal and written communication skills, interpersonal skills, conceptual thinking, computer literacy, strong research and report writing skills, data analysis abilities, leadership qualities, and strategic thinking skills.

FSCA is committed to increasing the representation of marginalized groups in line with its Employment Equity Plan. Persons with disabilities are encouraged to apply.

Please note that communication will only be conducted with shortlisted candidates. The FSCA reserves the right not to appoint if a suitable candidate is not identified.