Manager: New Business and Premium Administration

Client AVBOB
Published 17/01/2017
Contract Type Permanent
Salary Market Related
Location Pretoria, Gauteng, South Africa
Introduction
AVBOB, Africa's largest Mutual Assurance Society providing a one-stop Funeral Insurance and burial solution, has a vacancy for a Manager: New Business and Premium Administration
Job Functions Administration
Industries Insurance
Specification
RESPONSIBILITIES INCLUDE:

Manage the alignment of collection methods to new technology and emerging trends in market and customer segments.
Implement the strategy for New Business and Premium Administration within the Group.
Drive optimisation of processes within the New Business and Premium Administration functions.
Design a framework for managing sources and payments.
Design and manage policies and procedures to handle Premium Administration in order to grow premium income and reduce lapses.
Monitor the New Business profile in conjunction with Sales: sources, payment methods.
Ensure that exception reports are implemented to identify and manage inappropriate sales practices.
Ensure that the methods are implemented and managed within effective premium collection and control framework.
Develop and design world-class methodologies for managing premium administration and Collection
Align systems with changing business requirements.
Ensure adequate systems to allow accurate and timely payments and control measures of premium administration and collection.
Facilitate, prepare and submit annual revenue and collection cost budgets.
Manage departmental budget and report any deviances.
Define, develop and track performance against key criteria and initiate corrective action.
Identify and implement cost saving initiatives.
Develop and implement talent pipeline and succession planning.
Manage staff activities efficiently - Performance Management, leave communications.
Requirements
QUALIFICATION REQUIREMENTS FOR THIS POSITION:
Relevant degree or equivalent.
A financial qualification will be an added advantage.

EXPERIENCE AND KNOWLEDGE REQUIRED FOR THE POSITION:
4 Years’ management experience within a Finance and Insurance Industry.
Background of improving system and process management will be an added advantage.

SKILLS REQUIRED FOR THE POSITION:
Excellent Communication Skills (Both written and verbal).
Be able to work independently and function at senior levels.
Business acumen.
Job Closing Date 20/01/2017
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