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South Africa

SENIOR ANALYST - LICENSING DEPARTMENT (INSURANCE)

Company FINANCIAL SECTOR CONDUCT AUTHORITY
Reference # FSCA: 876
Published 01/11/2019
Contract Type Permanent
Salary Market Related
Location Pretoria, Gauteng, South Africa
Introduction
To assist the department with the processing of new licence applications (including at attending to concurrence requests) in respect of the insurance companies. To attend to any other ancillary insurance-related matters post licensing but performed within the Licensing Department including but not limited to license and service variation requests. The person appointed to this position will report to the Manager
Job Functions Analysis
Industries Regulatory
Specification
Key Performance Areas:

•Analyse, consider and recommend approval or decline all applications submitted for authorization (including concurrence granting) in respect of insurance companies;
•Very good knowledge and experience, regarding the functioning of the financial services industry, the various role-players and/or the regulatory environment;
•Very good knowledge and experience, regarding the functioning of the financial services industry, the various role-players and/or the regulatory environment;
•Assist and support from time to time the other areas in the Licensing Department in respect of the licence applications received and dealt with;
• Including but not limited to applications relating to the Financial Services Providers, Collective Investment Schemes, Collective Investment Schemes management companies, Retirement Funds Benefit Administrators, Banks, and Compliance Officers;
•Assist in ensuring that only fit and proper key individuals, directors of companies, members of close corporations and sole proprietors are approved in the management structures of authorised entities.

Other Key Competencies:
The candidates must demonstrate the following skills and attributes: A high level of conviction, judgment, confidence and decisive approach; Problem analysis and ability to make judgement calls supported by facts; A good sense of and ability to find information relevant and necessary for decision-making; Good communication and interpersonal skills; Very good verbal and written communication skills; Strong interpersonal skills and emotional intelligence; Strong analytical, judgment and problem-solving skills as well as the ability to make facts-supported judgement calls; Computer literacy

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

Please note that correspondence and communication will only be conducted with short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.
Requirements
LLB/Legal or B Comm Degree or equivalent, 3 to 5 years relevant experience, in the financial services industry, regulatory environment, risk management, compliance management and possess sound insurance sector experience.
Job Closing Date 12/11/2019
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Last Updated: 12-9-2019 [19.09.05.00]
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