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Policy Administrator

Santam Business

Johannesburg

On-site

ZAR 200,000 - 300,000

Full time

13 days ago

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Job summary

A leading company in the insurance sector seeks a Risk Administrator to join their Risk Admin Department in Johannesburg. In this role, you will manage the processing of new business, renewals, and policy administration while maintaining accurate records and liaising with brokers. Applicants should have at least a Matric and relevant experience in the insurance industry. Strong analytical and detail-oriented skills are essential for success in this position.

Qualifications

  • Experience in the Insurance Industry is essential.
  • Knowledge of Proportional and Non-Proportional Reinsurance necessary.
  • Familiarity with SASRIA and its Regulations is a plus.

Responsibilities

  • Administer New Business/Renewals and endorsements on the system.
  • Ensure premiums and survey fees are accurate.
  • Liaise with global brokers on various business matters.

Skills

Attention to detail
Analytical skills
Team player
Solution Orientated

Education

Matric

Tools

Excel

Job description

What will you do?

We have an opportunity for a Risk Administrator in our Risk Admin Department at Emerald based in Fourways, Johannesburg.

What will make you successful in this role?

Key Responsibilities

  • Administering of New Business/Renewals and endorsements on the system
  • Cancellations and Lapsing of Policies
  • Ensure premiums, reinsurance calculations, and survey fees are accurate and correctly loaded on systems
  • Send out debit notes where required
  • Accurate record keeping on relevant platforms
  • Issuing of SASRIA coupons, ensure calculations are correct, save in Client folder and dispatch all relevant documentation
  • Finalising policies within delegated authority
  • Assist with policy queries
  • Understanding the various global processes and their unique operating portals
  • Liaising with global and or brokers’ instructions on New Business, Renewals, Endorsements, and Sasria Quotes
  • Administering the fronting business at 100% fac. out to the global partner.
  • Assist credit control with queries as well as contact details to ensure outstanding premiums are kept to a minimum
  • Assist claims with policy queries
  • Support Head Risk Administration
  • Maintain and ensure good relations with Brokers/Clients and Colleagues
  • Maintaining a clean desk policy
  • Get involved in the Emerald mentorship programme and other development programmes within the Insurance Industry
  • Maintain a high level of self-discipline, attendance, and reliability.
  • Maintain professionalism, honesty, and integrity as Emerald holds these in high regard

Qualifications & Experience

  • Matric
  • Mathematically astute
  • Computer literate – especially Excel
  • Experience in the Insurance Industry
  • Proportional and Non-Proportional Reinsurance (Facultative and Treaty)
  • SASRIA and its Regulations

Skills

  • Attention to detail and analytical skills on the requirements/components.
  • Team player and exercise commitment, e.g., during cut-off days/peak period
  • Must have a drive for self-development and take up challenges
  • Solution Orientated
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