Are you looking for a full-time career opportunity that offers growth, stability, and the chance to work with one of South Africa’s biggest banks? ABSA is currently hiring for an Insurance Administrator to join their team in Johannesburg, with a hybrid work setup. This is a fantastic chance to build your career in the insurance and risk management sector, working within a prestigious and well-established financial institution.
Insurance Administrator Job Overview
- Position: Insurance Administrator
- Location: Johannesburg (Hybrid work model: combination of remote and office-based work)
- Employment Type: Full-time
- Application Deadline: May 28, 2025 (5 days left to apply)
- Job Requisition ID: R-15975461
Job Overview: What Does an Insurance Administrator Do?
In this role, you will provide specialist support in underwriting, administration, and risk management related to corporate insurance policies. You will work closely with senior managers and the Head of Corporate Insurance to manage policies and claims both locally and across ABSA’s international offices (Africa, US, UK, Beijing, Prague).
Key Responsibilities
- Stakeholder Management (40%): Building strong working relationships across the insurance industry and internal teams. You’ll be the go-to person for queries and claims resolution.
- Insurance Risk Management (40%): Overseeing claims management frameworks, ensuring compliance with local and international insurance regulations, and helping manage annual insurance renewals.
- Reporting (20%): Preparing reports, presentations, and dashboards for senior management and committees.
You will also be responsible for identifying process improvements, assisting with audits, and driving a culture of compliance within the insurance team.
Requirements
The ideal candidate will have:
- A Bachelor’s Degree in Insurance & Risk Management, Financial Management, or related fields.
- At least 5 to 10 years of experience in insurance or risk management.
- A good understanding of insurance policies, underwriting, claims management, and insurance contracts.
- Strong communication and relationship management skills.
- Proficiency in Microsoft Office (Word, Excel, PowerPoint).
- Membership or progress towards membership in the Insurance Institute of South Africa (advantageous).
Additional Skills and Attributes
- Problem-solving and analytical thinking.
- Ability to work well under pressure and in a team environment.
- Detail-oriented with a focus on compliance and risk mitigation.
- Ability to explain complex insurance concepts clearly to different audiences.
Why Work at ABSA?
ABSA has a rich history of over 100 years in banking and financial services, not only in South Africa but across Africa and internationally. Joining ABSA means being part of a family that is deeply committed to empowering Africa’s future. They offer a workplace that encourages growth, innovation, and collaboration. Working as an Insurance Administrator at ABSA means you get to contribute to an exciting growth journey and help shape the future of a proudly African group.
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How to Apply
The job was posted 2 days ago, and the application closes on May 28, 2025 — only 5 days left to apply! Don’t miss out on this exciting opportunity to join ABSA’s corporate insurance team.
The company is committed to affirmative action and employment equity. Preference will be given to candidates from designated groups to promote diversity and inclusivity within the workplace.
Why This Job is Perfect for You
This position suits professionals who want to grow their career in insurance and risk management within a respected South African institution. It offers a chance to develop skills across multiple insurance disciplines while working in a dynamic and international environment.
If you’re detail-oriented, enjoy working with people, and have a passion for insurance and risk management, then this Insurance Administrator vacancy at ABSA could be your perfect fit.
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The Insurance Administrator vacancy at ABSA offers a fantastic opportunity for professionals with experience in insurance and risk management to advance their careers within one of South Africa’s leading financial institutions. With a hybrid work model based in Johannesburg, this full-time role provides a dynamic environment where you can grow your skills, work with diverse teams, and contribute to a company that values innovation and inclusion.
