Manager: Broker Management MMH260311-5 at Momentum

• Job Location Sandton, Gauteng, South Africa
• Seniority Mid-Senior Level
• Type Full-time

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Description

Role Purpose To ensure commission is paid accurately, in line with legislation and controlled as required by the scheme and Medical schemes act.

Requirements 5 - 8 years’ experience in Broker remuneration and management, and client services.

A minimum of 5 years’ managerial/leadership experience A minimum of 5 years senior management experience within a major health care organisation, health system setting, or large multi-operational corporate environment in complex industries similar to healthcare or health insurance.

Proven transaction management experience, demonstrating strong financial acumen and knowledge of process and outcomes.

Profound understanding of membership, underwriting and billing functions.

Familiarity with the Medical Scheme's act and regulatory requirements, familiarity with the FSCA .

Understand the membership onboarding process, membership lifecycle, membership maintenance processes and impacted value chain as the commission outcome is based on all the above Knowledge of Generally accepted accounting principles (GAAP), International Financial Reporting Standards (IFRS) and risk management principles General knowledge of financial and IT systems and business processes within line of business systems (i.e.

understand workflow and link to financial impact) Knowledge of the financial services and insurance industry Knowledge of Council of Medical schemes and the medical schemes act Duties and Responsibilities Oversee accounting practices in line with group standards and ensure that cost allocations are aligned to the business methodology.