Job Description
About the Role
Our client in the Insurance industry is seeking an Administrator: Marketing Support & Sales Intelligence to join their team in Pretoria East. The ideal candidate will be responsible for providing administrative support to the sales team, ensuring compliance with regulatory requirements, and maintaining accurate records.
Key Responsibilities
- Comply with FAIS Regulation
- Comply with Marketing Sales Administration manual in accordance with legislative, industry and regulatory body requirements
- Screen and select candidates effectively and efficiently and provide feedback to Sales Managers
- Comply with FIT and Proper requirements for new recruitments
- Update appointments and terminations on the FSB register within required time frame
- Conduct bi-annual accreditations on products, legislations, code of conduct and FIT and Proper status and issue updated disclosure letters
- Maintain record keeping on all intermediaries and render support to Sales
- Validate appointments of Representatives and Juristic Representatives
- Receive information from GSDM for appointments or terminations and action accordingly
- Follow up on all incomplete documentation and send back to relevant parties before pre-approval of appointments
- Pre-approve new appointments (Criminal, ITC, Fit & Proper Requirements & FSB Register)
- Identify candidates for training for Assupol Life
- Process issuing contracts, disclosure letters and code of conducts to representatives and juristic representatives
- Ensure that all contracts are signed properly before scanning and filing
- Update the appointment and termination spread sheet for uploads to FSB
- Coordinate bridging allowances to representatives within required time frame
- Recon appointments on production yearly
- Recon Group Scheme reps on a monthly basis by comparing commission with production
- Assist Manager with debarment processes and procedures (TCF)
- Contribute in Identifying undesirable practices and report it to Manager or Compliance Officer
- Assist with debarment and suspension of an agent/broker when found guilty
- Add debarred representatives to appointment and termination spread sheet for uploads to FSB
- Liaise with legal for letters on termination of broker and rep agreements and place on file
- Co-ordinate Training and Awareness on FAIS (Fit & Proper Requirements)
- Check FSB Register
- Provide support to Sales Team
- Record keeping
Requirements
- Matric
- RE 5
- 120 Credits on NQF 5 (Wealth Management)
- 1-2 year’s Sales Administration experience
- MS Office (Excel, Word, PowerPoint)
Knowledge
- Legislation: FAIS, FICA, NCA, LTIA, Financial Planning Law
- Practical Sales experience
Salary & Benefits
R18 000.00 CTC per month
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Insurance Jobs in South Africa
In the context of Other Insurance positions in South Africa, it is common to find a steady demand for professionals who can manage and oversee insurance claims, policy administration, and risk management. Typically, this field operates within various industries, including financial services, technology, and manufacturing sectors.
When it comes to salaries, broad ranges can be expected, with typically starting salaries ranging from R200 000 to R300 000 per annum for junior positions, increasing to around R500 000 to R700 000 per annum for more senior roles. However, please note that actual salaries can vary widely depending on factors such as the size of the company, industry sector, experience level, and qualifications held by the individual.
To excel in an Other Insurance role, common skills include strong analytical and problem-solving abilities, excellent communication and interpersonal skills, a solid understanding of insurance policies and regulations, and experience with policy administration software. Additionally, proficiency in Microsoft Office applications, particularly Excel, is often highly valued. Proficiency in languages such as Afrikaans or isiZulu may also be an advantage in certain contexts.
Other Insurance roles can commonly be found within the financial services sector, where companies that offer insurance products to individuals and businesses need professionals to manage claims and policy administration. Technology companies and manufacturing firms also frequently require staff with expertise in this field. In general, organisations across a range of industries value the skills and experience offered by professionals in Other Insurance roles.
Career progression for those in Other Insurance roles is generally good, with opportunities for advancement to senior positions or into specialist roles such as risk management or policy development. With experience and additional qualifications, individuals can progress into leadership roles within an organisation, or transition into related fields such as actuarial science or claims adjusting.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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