Tuesday, 23 January 2018

Sasria Graduate Opportunity 2018

Sasria is committed to diversifying its staff profile in terms of its transformation agenda and encourages candidates from previously disadvantaged backgrounds to apply. Sasria will respond to short listed candidates. Candidates who have not been contacted within 4 weeks of the closing date can assume that their application has been unsuccessful.



Sasria, a state-owned company, is the only short-term insurer in South Africa that provides affordable
voluntary cover against special risks such as civil commotion, public disorder, strikes, riots and terrorism to any individual, business, government or corporate entity that has assets in South Africa.

Sasria has a dual mandate – legislative mandate that directs our day-to-day business operations, and
a broader strategic mandate, like any other business in South Africa, to make a positive contribution to transforming our industry and our country, in order to make our country a better place for all her people.

Vision
“To protect the assets of all South African against extraordinary risks”

Mission
The vision will be achieved via our mission of driving sustainable and vibrant business by:
 Balancing shareholder value creation with having a positive social impact;
 Providing excellent customer service;
 Being clear and consistent in our communication;
 Developing the skills and capacity of own employees;
 Improving our current strategic current strategic partnerships, and establish new ones; and
 Providing innovative and relevant products;

Core Values
The following values underpin Sasria’s pursuit of its stated vision and mission:
• Professionalism - we will treat our stakeholders – i.e. customers, employees and shareholders -
with respect and dedication while remaining accountable to them;
• Integrity - we will conduct ourselves in a manner that is fair, transparent and ethical, and uphold
high levels of equality and trust;
• Teamwork – in the performance of our tasks we will be guided by the ideals of unity of purpose,
cooperation and mutual respect;
• Innovation - we will create opportunities for creativity and learning and encourage same amongst
our employees; and
• Customer Centricity - We strive to meet and exceed our customer's expectations.

Job summary statement/purpose:
To rotate within the underwriting function and gaining understanding of the company’s underwriting
philosophy.

Upon completion of the programme the graduate would have acquired the following skills:
1. Underwriting
 Reviewing terms and conditions of products on an ongoing basis
 Reviewing rates annually
 Assist with documentation related to the underwriting plan
 Collating research on new products
 Updating of wordings and regulations
 Updating Excess of Loss information/ details
 Liaise with Finance department to ensure that Excess of Loss premium balances to the Insurance Management System (IMS)

 Assist with the preparation of monthly underwriting reports

2. Re-insurance function
 Preparation of Sasria treaty renewals
o Assist with preparing treaty renewal data
o Assist with the gathering of data as requested by the Actuarial department

3. Training & Library
 Provide education through various platforms on Sasria products to clients/agents, ensuring
basic understanding of Sasria’s role in the market
 Compile training material (manuals & presentations)
 Conduct national road shows on Sasria products
 Continuously review product information to ensure its relevance

4. Risk management
 Identify risks and emerging risks
 Contribute in establishing required controls to mitigate operational risk

5. Ad hoc duties
 Perform any reasonable tasks in line with the role, as and when required by the Line Manager

Minimum requirements:
 Tertiary qualification i.e. Insurance related qualification.

Attributes/values
 Detail oriented
 Assertive
 High attention to detail
 Confidentiality
 Sound judgement
 Diplomatic
 Use initiative
 Ability to manage own time and ensure that deadlines are met with limited supervision

Demographics
A South African citizen of any gender, preference will be given to an EE candidate.

Location: Illovo, Johannesburg.
CLOSING DATE: 31 January 2018
CONTACT PERSON: careers@sasria.co.za

Sasria is committed to diversifying its staff profile in terms of its transformation agenda and encourages candidates from previously disadvantaged backgrounds to apply. Sasria will respond to short listed candidates. Candidates who have not been contacted within 4 weeks of the closing date can assume that their application has been unsuccessful.

Share this