Job Description

Company DescriptionStandard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities - plus the chance to work alongside some of the sector's most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We're passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.Ensuring superior customer service delivery
Management of the Third party and recovery claims with service providers
Achieving the financial performance indicatorsQualificationsMinimum Qualifications
Matric
Must be FAIS compliant
Computer literate
Insurance related and Legal qualifications would be an advantageExperience Required
Insurance :3 years Recovery, Liabilities& Legal experience
Co-ordinate and collate all supporting documentation on IMS for handover to the legal collection firm appointed.
Analyse the documentation to ensure that the information is current and all recovery information is included.
Action any incoming correspondence, telephonic enquiries, paid up letters, filing and ad hoc queries from legal collection firm ito the SLA agreed to.
Maintain the registers (manual and electronic) kept by the department for all collection matters by clearly reflecting the current status of each case.
Liaise with the relevant attorney firms offices to obtain the necessary documentation required by the legal collection firm supporting SIL's claim from the Third party.
Deal with all the queries on a daily basis by liaising with the relevant departments and providers.
Escalate those queries that cannot be resolved to management so that a decision can be taken timeously.
Maintain high ethical standards, by ensuring timelines are met and that the data provided is accurate.
Maintain all bank/departmental records and manage the outsource process by adhering to external and internal service level agreements.
Identify possible recovery and third party claims and allocate where applicable to the agreed panel attorney.
Regular audits on the performance of the panel attorneys.
Checks that all matters where the lawyers accepted a settlement is within the agreed Mandate as a agreed to by the SBFC Directors and refer to management if not in line with mandate.Additional InformationBehavioral Competencies:

• Articulating Information
• Checking Details
• Developing Expertise
• Following Procedures
• Interacting with People
• Interpreting Data
• Managing Tasks
• Meeting Timescales
• Providing Insights
• Taking Action
• Team Working
• Upholding Standards

• Client Knowledge
• Client Retention
• Client Servicing
• Client Value Propositions
• Insurance Principles
• Insurance Products & Services

Standard Bank