(1005) Insurance and Payments Screening Officer - FSD

Full job description

The successful candidate will be responsible for the following key performance areas:

Perform work independently within established practices, given processes, rules and regulations, ensuring compliance with standards, policies and other guidelines in executing own tasks.

Perform insurance-related accounting duties (including reconciliation and the application of value-added tax) in accordance with accounting and SARB policies, relevant accounting standards and legislation.

Administer the staff insurance cover by processing applications, arranging insurance cover and effecting premium deductions.

Administer all insurance claims in accordance with insurance policies and practices.

Gather, prepare and provide insurance underwriting and claims information to enable effective decision-making by clients, management and other relevant stakeholders.

Perform general administration, including preparing payment instructions, data capturing and record-keeping, to ensure the smooth running of the section’s operations.

Review and monitor transactions flagged by the payment screening system for potential matches to sanction lists.

Investigate alerts to determine whether they are true matches and released according to guidelines.

Engage at varying levels of seniority with relevant stakeholders/clients/service providers within the SARB Group and externally, displaying a service orientation and the ability to solicit information and convey and explain information fluently.

Stay abreast of developments in the internal and external environment and broaden knowledge of functional area and insurance practices.

Evaluate own performance against given criteria, and identify and address task-specific learning needs.

 

Industries: Banking

Function: Others