Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To provide pro-active management and operational support enabling the implementation of the risk management strategy across the Short Term Insurance business unit of the Insurance and Asset Management (IAM) cluster.

Qualifications

Minimum Qualifications
Type of Qualification: First Degree
Field of Study: Actuarial Science/ Risk Management/Finance related/ BCom

Experience Required

3-4 years Operational Risk Management. Practical knowledge and experience of applicable Short Term Insurance legislation which would include an understanding of the SAM regulatory environment, the Insurance Act and other applicable legislation to the insurance business.5-7 years Practical knowledge of risk, control frameworks, assurance & applications in the financial services industry. Fully conversant in risk appetite, risk responses & process improvement concepts. Understand of both regulatory and financial reporting risk principles.

Additional Information

Behavioural Competencies:

Interpersonal skills.Ability to interact with diverse stakeholders, for example, Executive management, Regulators, Line management and operational personnel at all levels.Analytical and strategic thinking abilities.Attention to detailGood communication Skills - written, verbal and presentation skills.Disciplined and have high level of integrity, professionalism and trustworthiness.Customer service focusedTeam player

Technical Competencies:

Risk and governance experience.An understanding of the risk environment in which the different business units operate.Understand the legal implications and pitfalls of insurance legislation and policy wordings.Financial planning / budgeting.