Assupol Life: Manager-Intermediary Services Relations

Company Assupol Life
Reference # MISR
Published 06/04/2021
Contract Type Permanent
Salary Market Related
Location Menlyn, Gauteng, South Africa
To assist the Assupol and its brokers comply with their legislative responsibilities
Job Functions Administration
Industries IT – Information Technology
Duties & Responsibilities:
1.Manage the Debarment process
•Receive instruction from the debarment committee
•Collection of relevant documents from various sources
•Identify outstanding requirements and request them from the relevant parties
•Compilation of the debarment pack
•Draft, sign and dispatch the debarment notices to the relevant parties
•Initiate at the debarment hearings
•Inform the relevant parties of the outcome of the hearings
•Deal with matters ancillary to and arising after the debarment hearing
2.Manage the Replacement process
•Ensure compliance with the replacement policy and deal with the technical issues as related to this policy.
•When requested to by Asisa provide opinions on replacement related issues.
•Dealing with ancillary issues to this policy which will include the following:
−ensure compliance with the LTIA / PPR Replacement standard
−ensure that the cooling off letters are dispatched
−deal with queries relating to the replacement of policies
−communicate and liaise with intermediaries and management to ensure compliance with the policy
−deal with technical queries relating to the replacement of policies
−consider written representations submitted by Intermediaries in the event of non-compliance with the policy and standard
−Report issues of non-compliance to the internal replacement tribunal
−ensure that sanctions and remedial measures determined by the internal tribunal are enforced which shall include the issuing of the instruction to reverse commission if determined by the tribunal
3. Reporting
•MANCO Reporting
•Review of Debarment and Replacement policy as and when required
•Attending conferences and meetings to speak about the issues and concerns identified in the replacement process
Formal Education:
•Relevant Legal Degree (preferably LLB)
•Member of the Compliance Institute
•3 – 5 years Management experience
•3 – 5 years financial services industry experience
Job Closing Date 30/04/2021