Detailed description<\/p>\n
The successful candidate will be responsible for the following key performance areas:<\/p>\n
\tSupervise insurers and insurance groups within the allocated portfolio through a combination of on- and off-site analysis of quantitative and qualitative information to identify and assess risks and then propose mitigating actions.
\n\tProcess the notifications and applications received from insurers and insurance groups within the allocated portfolio, and recommend to either approve or decline the applications.
\n\tProvide input into the development and implementation of the regulatory framework.
\n\tPromote efficient, fair and sustainable insurance markets as well as policyholder protection.
\n\tDevelop and implement a prudential risk-based supervisory plan for allocated insurers.
\n\tProvide input into, and assist with, the co-ordination and implementation of interventions for problematic insurers, as per the supervisory ladder of intervention.
\n\tMaintain databases and records of all relevant information on insurers and insurance groups within the allocated portfolio.
\n\tLiaise and collaborate with other relevant departments within the Prudential Authority (PA) and the SARB.
\n\tAssist with, and provide input into, the development of public documents relating to insurance supervision.
\n\tLiaise with the industry, other regulators (local and international) and relevant financial institutions.<\/p>\n
Job requirements<\/p>\n
To be considered for this position, candidates must be in possession of:<\/p>\n
\tA Postgraduate qualification (NQF8) specialising in Accounting, Economics, Financial Management, Insurance or Risk Management, or a relevant equivalent qualification; and
\n\tat\u00a0least 2\u20135 years\u00a0of working experience in the\u00a0insurance sector or insurance-related experience in the wider finance sector or risk management environment.<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( https:\/\/www.resbank.co.za ) or<\/p>\n
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