Senior Administrator Bancassurance

Job Description

Job PurposeTo ensure financial transactions are processed within the agreed turn around times in terms of the laid down procedures and processes to effectively manage risk within the bank.Job ResponsibilitiesPrevent financial loss by ensuring accurate calculations and capturing.Action checks and balances of all payments made by reconciling all financial reports and bank statements on a regular basis.Meet stakeholders expectations by ensuring agreed Service Level Agreements (SLA's) are adhered to.Provide customer satisfaction and feedback by investigating and resolving outstanding queries/complaints within the agreed time frames.Build and maintain stakeholder relationships by meeting SLA's, providing feedback and taking corrective action where appropriate.Ensure accurate financial transactions by reconciling bank/impersonal accounts according to policies and procedures.Clear any unreconciled items by investigating and noting follow up if unresolved for audit trail purposes.Ensure work is completed to plan by taking ownership and accountability for tasks and activities.Check daily volumes and report irregularities in the work flow.Contribute to process enhancements by identifying opportunities for improvement.Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managersEnsure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.

Responsibilities + Skills


Completing various administrative dutiesManaging conflict situationsSharing information in different ways to increase internal stakeholders understandingComparing two or more sets of information


Checking accuracy of reports and recTracking cost against a budgetWorking in a fast-paced environmentMinimum Experience Level2-3 years experience working in financial, risk and process management environments.Technical / Professional KnowledgeAdministrative procedures and systems

Job Summary

  • Published on: Monday, 10th August 2020
  • Designation: Senior Administrator Bancassurance
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: 0
  • Gender:
  • Application Deadline: Monday, 10th August 2020

About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website:
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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