Job Description
As a Financial Assistant focused on commission payments, your core responsibility is to ensure all broker commission payments are accurately prepared, processed, reconciled, and reported on promptly. Youll also serve as a key contact for brokersproviding clear communication, timely feedback, and efficient handling of their queries.
This varied position also involves premium reconciliations, debtor follow-ups, binder/outsource fee management, and contributing ideas for process improvements within the Finance Department.
Key Responsibilities
- Accurately prepare, process, and report broker commission payments within set deadlines
- Serve as the main liaison for broker queries and feedback
- Perform premium account reconciliations and support debtor follow-ups
- Manage binder and outsource fee processes
- Suggest and implement process improvements to increase department efficiency
- Maintain clear, professional communication with brokers and internal teams
What Youll Need Minimum Qualifications & Experience:
- Matric Certificate (essential)
- At least 3 years of relevant experience in finance (essential)
- Advanced MS Excel skills (critical/non-negotiable)
- Previous use of Pastel Evolution (advantageous)
- Previous work in the financial services sector (advantageous)
- Relevant finance qualification (advantageous)
- Own reliable transport
Additional Requirements:
- Fluent in English with the ability to understand Afrikaans
- Willingness to work overtime when required
What We Value
- Ownership & Accountability: You take pride in your work and ensure tasks are completed accurately and efficiently, seeing them through from start to finish.
- Continuous Improvement: You welcome learning new systems and processes, and you easily apply new knowledge while proactively suggesting improvements.
- Problem Solving: You investigate issues thoroughly and find solutions, rather than just passing problems on.
- Initiative: You act without needing constant reminders and enjoy taking charge of your responsibilities.
Ready to take the next step in your finance career?
If you meet the requirements and enjoy working in a fast-paced, professional environment, we encourage you to apply!
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Insurance Jobs in Gauteng
The Other Insurance (OI) industry is a significant sector in Gauteng, South Africa, offering a range of career opportunities for professionals with the right skills and experience. Typically, OI roles are in demand across various industries, including financial services, technology, and manufacturing, as companies seek to manage and mitigate risks associated with their operations.
Generally, OI specialists in Gauteng can expect salaries that vary widely depending on factors such as level of experience, company size, and industry sector. While broad salary ranges cannot be provided due to the variable nature of these factors, it is common for experienced OI professionals to earn between R600 000 and R1 200 000 per annum, while entry-level roles may start at around R300 000 to R500 000 per annum. However, salaries can fluctuate depending on individual circumstances.
Common skills required for OI roles in Gauteng include expertise in financial management, risk analysis, data interpretation, communication, and project management. Other essential skills often include proficiency in insurance software, analytical thinking, problem-solving, and the ability to work under pressure. Many OI professionals also hold relevant certifications or degrees in fields such as actuarial science, business administration, or economics.
The financial services sector is a significant employer of OI professionals in Gauteng, with other industries such as technology and manufacturing also commonly hiring for these roles. Other sectors that may employ OI specialists include healthcare, construction, and logistics. In terms of career development, many OI professionals in Gauteng progress to senior roles within their current organisations or move into related fields such as risk management, auditing, or claims handling.
For those seeking a career in OI, it is essential to develop a broad range of skills and experience, often through formal education and training. Many OI professionals in Gauteng have pursued certifications such as the Fellow of the Institute of Actuaries (FIA) or the Chartered Insurance Practitioner (CIP). Building strong relationships with clients, colleagues, and stakeholders is also crucial for success in this field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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