SASRIA Vacancies 23-02-2024

Please click on the link at the end of the posts to apply and all the best with your applications.

1. Underwriting Intern X2
2. Payroll And Benefits Intern
3. Claims Controller
4. Head Of Business Intelligence

Underwriting Intern X2

Closing Date	2024/02/26
Reference Number	SAS240219-1
Job Title	Underwriting Intern X2 (24 Months)
Job Type	Graduate Internship
Division	Insurance Operations
Department	Strategy and Underwriting
EE Occupational Levels	Level 1: Unskilled
Location – Town / City	Sandton
Location – Province	Gauteng
Location – Country	South Africa
Job Advert Summary	The incumbent will be required to work closely with the underwriter and Specialist for training, coaching and guidance, on the following underwriting tasks: Development and review the Sasria policy wordings and guidelines to ensure consistency in the management of the Sasria business by the Agents. Dissemination of product knowledge to the industry. Product development and enhancement. Loss ratio management. Managing technical queries from the industry. Ensuring that product pricing is in line with the risk exposure.
Minimum Requirements	Minimum Qualifications: Bcom in Business management, Risk Management or Insurance. National Senior Certificate / Matric. Minimum Experience: None (should however be able to demonstrate professionalism, hard-work and be able to grasp concepts swiftly). Please note that preference will be given to people with disabilities.
Duties and Responsibilities	1.Strategic Alignment  Increasing capacity and knowledge of Sasria business in order to have skills to tap into whenever the need arises. 2. Underwriting management Participate in reviewing terms and conditions of products. Participate in reviewing our regulations and policy wordings to ensure they remain relevant and up to date. Assist in monitoring the loss ratio movement per class of business. Monitor and report multi claimants. Assist in handling e-mail queries from our stakeholders. Participate in conducting research on possible new products and enhancement of existing ones through interactions with the market. Participate in the review of product information on our website to ensure its relevance. Understand and adhere to client and staff relationships through individual contacts and group meetings. Pursues professional development opportunities, including external and internal training and where possible be able to share information gained with co-workers. 3. Risk management Contribute in identifying emerging risks. Contribute in establishing required controls to mitigate Underwriting risk. 4. Training and Support Active involvement in development of own skills, through agreeing performance development plan to improve technical and soft skills. 5. Perform ad hoc tasks Perform any reasonable ad hoc tasks as and when required by the organisation.

Payroll And Benefits Intern

Closing Date	2024/02/29
Reference Number	SAS240223-1
Job Title	Payroll and benefits Intern (24 Months)
Job Type	Graduate Internship
Division	People Management
Department	Human Capital Operations
EE Occupational Levels	Level 1: Unskilled
Location – Town / City	Sandton
Location – Province	Gauteng
Location – Country	South Africa
Job Advert Summary	The intern will be exposed and get training in the Remuneration and Benefits function. Assist with processing payroll and benefits for the organisation and ensures the accuracy of all remuneration and payroll principles in line with Sasria policies and procedures. Work closely with the Human Capital team for training, coaching and guidance on all related aspects.
Minimum Requirements	Minimum Qualifications: National diploma, Btech or Bcom in HR/Psychology/Industrial/ Organisational Psychology degree With one of the following major subjects: Accounting or Tax or Statistics or Economics or Finance Minimum Experience: None *Please note that preference will be given to people with disabilities.
Duties and Responsibilities	1. Employee payroll and benefits administration Assist with performing: Capturing employee data on the payroll system. Updating employee Payroll data as and when required. Administering employee leave accruals. Capturing monthly salary inputs to ensure that lawful and accurate deductions and Payroll changes: i.e. terminations, leave, overtime, salary adjustments, promotions and bonuses, deductions, etc. 2. Employee On-Boarding and Exit Assist with : Managing Organisation’s organogram by ensuring approved positions are updated and discontinued. Positions are removed timeously. Ensuring employees have been Onboarded and Exited as per Payroll procedure. Ensuring all documentation relating to the Onboarding and termination of service are completed. 3. Statutory Reporting Assist with: Compiling Annual Employment Equity report.  Preparing quarterly Stats SA report. Providing inputs to Human Capital reports. Providing inputs into the completion of all statutory reporting (Compliance, MTEF, PIR). 4. Perform ad hoc tasks Perform any reasonable ad hoc tasks as and when required by the organisation.

Claims Controller

Closing Date	2024/03/01
Reference Number	SAS240216-1
Job Title	Claims Controller
Job Type	Permanent
Division	Insurance Operations
Department	Claims
EE Occupational Levels	Level 4 & 5: Skilled, Technical and Academically Qualified
Location – Town / City	Sandton
Location – Province	Gauteng
Location – Country	South Africa
Job Advert Summary	The claims controller will collate records and examine information to assist in determining claim settlements, within the governed framework to ensure compliance with the short term insurance regulations. OR to determine the validity of the claims from agent companies, assess the liability and negotiate settlements.
Minimum Requirements	Minimum Qualifications: Higher Certificate in Insurance NQF5 (preferable) Tertiary education (preferable) Minimum Experience: 3 – 5 years experience in a Claims position of Short term Insurance company *Please note that preference will be given to people with disabilities.
Duties and Responsibilities	1. Claims processes Accurately record and examine received claims and any related documentation thereof. Perform document diary maintenance on CMS system. Assess claims received by the department for reserve and keep a regular follow-up outstanding reserve once claims are verified by Claims Manager. Approve claims within delegated authority after verification of all documents and validation thereof under the policy cover. Escalate complex claims to Supervisor. Assist in the extrapolation of monthly reports on claims. 2. Agency/ Broker Liaison Inform underwriting department of gaps in cover and/or wording documents as well as adjustors such as losses/ gains on premium. Exercises proper judgment and decision making to analyze the claims exposure, to determine the proper course of action and to appropriately settle the claim. Negotiate the settlement and disposition of claims within prescribed mandate; interpret related claims documentation. 3. Perform ad hoc tasks Perform any reasonable tasks as and when required by the Line Manager.

Head Of Business Intelligence

Closing Date	2024/03/07
Reference Number	SAS240223-2
Job Title	Head of Business Intelligence
Job Type	Permanent
Division	Control Functions
Department	Actuarial
EE Occupational Levels	Level 7: Middle and Senior Management
Location – Town / City	Sandton
Location – Province	Gauteng
Location – Country	South Africa
Job Advert Summary	The Head of Business Intelligence plays a key role in ensuring that Sasria is, at all times, fully apprised of the external risks that could impact the underwriting profit and solvency of the business. The Head of Business Intelligence is responsible for all business intelligence activities within Sasria. This would include being responsible for the identification and monitoring of key underwriting risk metrics, management of the catastrophe model, management of probable maximum loss studies, and, undertaking critical research to develop Sasria’s intelligence regarding critical and emerging underwriting risks.
Minimum Requirements	Minimum Qualifications: A bachelor degree (actuarial, data science, statistics, mathematics, econometrics). CERA qualification, or similar, will be advantageous. Minimum Experience: Minimum of 3 to 6 years experience in a similar (risk or actuarial) position. *Please note that preference will be given to people with disabilities.
Duties and Responsibilities	1. Operational Delivery Underwriting risk profile intelligence: Identify, track and report on the key risks affecting Sasria’s underwriting risk profile. Lead team and/or work with suitable industry experts such as consultants, academics, NGOs, international counterparts, etc) to perform research and analysis to identify economic, political, socio-economic, legal and other risk metrics. Maintain a database of events that may/do give rise to claims under Sasria’s defined perils. This includes working with other departments (such as underwriting and claims) as well as suitable external parties (eg SAPS, NGO’s, social media companies) to develop intelligence to identify and profile events. Catastrophe model: Develop, maintain and manage Sasria’s catastrophe model. Lead team and/or work with suitable industry experts (such as consultants, academics, NGOs, international counterparts, etc) to perform research and analysis (and/or work with suitable industry experts such as consultants, academics, NGOs, etc) to develop suitable catastrophe model(s), which can be used for pricing, reinsurance purchase and optimization, underwriting, strategy development, investment strategy, risk mitigation, etc. Probable Maximum Loss (PML) studies: Develop, maintain and manage Sasria’s PML studies. Lead team and/or work with suitable industry experts (such as consultants, academics, NGOs, international counterparts, etc) to perform PML studies for the purpose of Sasria’s reinsurance and capital optimization strategies. Risk Mitigation Work with stakeholders in Sasria, including Underwriting, Claims and SMD, to identify “hot-spots” for Sasria’s underwriting risk exposure and to develop practical risk mitigation strategies to reduce the incidence of loss events and/or minimize severity from loss events. Examples include the identification of high-risk transit routes along the SA road network; locations within the country that consistently “flare up” following specified events (eg local government elections, university/school registration, etc). Risk Analytics Assist the broader business with reports and analytics, as may be required from time to time. Examples may include the development of models to validate claims against a register of potential loss events, identification of multi claimants, fraud analytics, etc. Data Collection and Management Work closely with IT and BCT to ensure that suitable technological and data management solutions are in place tom support Sasria’s current and future data and analytics needs. 2. Business focused collaboration Contribute to the successful achievement of Sasria’s vision, strategy and business plan, by assisting with the resolution of problems that pose a threat to the Company of not achieving its vision, strategy and business plan. Responsible for considering key risks and broad based solutions for a number of key projects / issues within Sasria. 3. Strategic Involvement Contribute to the creation the Sasria’s long term strategy and short term business plan. Shaping Sasria’s risk culture by ‘setting the tone from the top’ not only through words but actions and reinforcing commitment. 4. People Focus Managing own career by being accountable for one’s behavior, performance and development. Managing individual and team performance to achieve individual and organization goals and objectives.

We are committed to Employment Equity when recruiting internally and externally. It is company policy to promote from within wherever possible. Therefore, please be aware that internal candidates will be considered first before reviewing external applicants, provided that this supports achievement of our Employment Equity goals.

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All the best with your applications