(1793) Manager – Capital Management, Insurance and Other Sectors -PSISD Job at South African Reserve Bank

Job Description

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

• Develop and manage the implementation of operational plans for the section.
• Manage the output of the capital analyst team responsible for capital-related support, monitoring and reporting of current and emerging risks pertaining to capital management.
• Lead and manage strategic relationships (stakeholders/clients, within the South African Reserve Bank and externally).
• Manage the delivery of work objectives by optimising resources, setting targets, prioritising work and directing other operational activities.
• Identify and mitigate risks related to own function and ensure compliance with relevant governance frameworks.
• Develop a risk-monitoring framework for the identification, monitoring and management of risks, including climate risk to the insurance and other sectors. 
• Manage inputs to the macroeconomic assessment in collaboration with the Financial Stability Department and identifying emerging risks, trends and concentrations in the insurance and other sectors. 
• Provide integrated management information reports on the insurance and other sectors to internal stakeholders and other relevant authorities.
• Participate in local and international committees or forums, including the International Association for Insurance Supervisors (IAIS), its subcommittees and the relevant working groups and those related to climate risk. 
• Manage, develop and implement the regulatory and supervisory frameworks relating to capital management of insurers and other sectors.
• Manage staff performance and support career management and development. 

Qualifications

To be considered for this position, candidates must be in possession of:

• a post graduate qualification (NQF 8) in Accounting, Economics, Finance degree or an equivalent;
• 8-10 years’ experience in capital management in the insurance environment; and
• two to three years’ experience in managing teams.

Additional requirements include:

• industry, organisational and business awareness knowledge and skill;
• insurance sector, regulations and legislation
• understanding of the macro-economic environment
• understanding of accounting principles and financial ratios
• research methodologies
• knowledge of capital management within the insurance environment; 
• cultivates self-awareness and mastery
• develops inter-personal effectiveness
• builds and maintains trust
• acts with empathy and compassion
• develops and empowers teams
• fosters diversity and inclusion
• creates and drives purpose
• leads cohesive teams through effective communication;
• fosters collaboration
• leads change
• manages complexity and ambiguity; and
• drives digital dexterity/fluency