Posted on: 20 February 2023
ID 852480

Premium Admin Team Leader

Position Overview
  • To ensure the Automatic and Facultative business is administered appropriately and accurately in line with treaty specifications onto Ira.
  • Lead, develop and coach a team of Operation Analysts.
  • Ensure all premium accounts received by RGA SA are processed within the stipulated treaty timeframes.
  • Maintain process documentation and ensure the team is following procedures.
  • Maintain a professional working relationship with clients.
  • Work closely with other RGA teams specifically Finance and Valuation.
  • Assist in identifying client reviews and contribute towards the planning.
  • Ensure controls are in place to confirm that the business being processed on the system is accurate.
This role may be based in Cape Town or Johannesburg.

Responsibilities

Administration
  • Ensure that the administration of all business adheres to RGA treaties.
  • Processing of clients on Ira from end to end.
  • Running of premium models for applicable clients.
  • Ensure premium sox documents are up to date.
  • Ensure administration processes are documented.
  • Ensure administration data is provided to retrocession clients in a timely and accurate manner.
  • Contribute annually towards selecting clients for Client Assurance Reviews.
  • Provide information for ad-hoc queries to internal and external clients.
Requirements

Qualifications And Experience
  • Minimum Grade 12
  • Completed Bachelors Degree an advantage
  • Life insurance knowledge and experience is a must with a minimum of 5 years experience in Reinsurance/Insurance
  • Management experience with a minimum of 3 years experience
  • Proven experience of mentoring and guiding junior staff
  • Proficiency in Excel
Skills And Abilities
  • Great verbal and written communication skills
  • Ability to work on multiple projects
  • Flexibility and ability to adapt to a changing environment
  • Good team spirit
  • Ability to plan, prioritize and manage a team
  • Problem Solver
  • Can work under pressure and pays attentional to detail
  • Innovative, proactive and improvement oriented
  • Ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines
Our Commitment to Transformation

RGA Reinsurance Company of South Africa is an equal opportunity employer. We are committed to complying with the Employment Equity Act by providing equal employment opportunity to employees and ensuring a work environment free of discrimination and harassment. Our Employment Equity and Transformation plan targets will be considered as part of our talent recruitment process. Our commitment to transformation drives us to achieve a diverse, inclusive and equitable workplace that ensures a sustainable business in South Africa. We will create a culture where individuals are valued, feel a sense of belonging, and are respected for their differences a workplace where all employees are encouraged and supported to reach their full potential.

Company Overview

Reinsurance Group of America, Incorporated (NYSE: RGA) is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital. Founded in 1973, RGA celebrates its 50th anniversary in 2023. Over the past five decades, RGA has become one of the worlds largest and most respected reinsurers and is guided by a fundamental purpose: to make financial protection accessible to all. RGA is widely recognized for superior risk management and underwriting expertise, innovative product design, and dedicated client focus. RGA serves clients and partners in key markets around the world and has approximately $3.3 trillion of life reinsurance in force and assets of $82.7 billion as of September 30, 2022.
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