Job Description

Empowering Africa's tomorrow, together...one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary To provide support to the business through the development and maintenance of accurate information and the analysis of available information. To provide valuable insights for strategic decision making and accurate information for day-to-day operational management.

Key accountabilities
Accountability: Management information Production

• Source information from various administrative systems, manual systems through the approved data sourcing process used within the team. different data warehouses, data marts, manual systems and on-line systems based on knowledge of appropriate data sources given the business requirement
• Collect and package data into usable and user friendly management information for the relevant actuarial / finance teams and stakeholders as a service provided for the insurance business.
• Develop new data processes and outputs based on actuarial and internal team requirements.
• Analyse adverse results and implement changes as approved by the internal and business teams.
• Analyse and create recons for the new data processes created and when maintenance is done where product enhancements or new products come through.
• The overarching goal is to maintain a stable reporting environment that aligns with the compressed reporting timelines as per the financial IFRS17 which dictates where strict time lines.
• Internal and Audit reviews regularly requires us to do maintenance on existing processes and these often also then requires reruns for restatement purposes as and when required.

Accountability: Provide value-add insight

• Develop a thorough understanding of the key business challenges through engagement with all stakeholders in the business
• Identify opportunities through which the IFRS17 Data Team can assist in addressing these challenges, present these to relevant stakeholders and implement
• Identify data optimisation/data correction/ process optimisation opportunities in support of the monthly reporting framework.
• Assist the larger team and insurance business by providing new development use cases and process improvements through use of alternative technology or changing repetitive processes to be more efficient to save time and resource utilizations.
• Propose approaches to the business on monitoring recons or other key performance indicators (KPIs) associated with the IFRS17 reporting process and ensure creditability of data received and provided in a regularly audited environment.

Accountability: Governance and control

• Conduct integrity checks on all extracted data to ensure correct data is incorporated into reports.
• Ensure the accuracy of data within the business and ensure consistent use of data.
• Escalate data integrity issues to relevant Manager / Data Management ensure that these receive priority to maintain a high-level of data integrity.
• Check all existing and new data outputs for accuracy and data integrity.

Accountability: Business partnering

• Build effective working relationships with business stakeholders to develop a detailed understanding of their business imperatives and objectives.
• Maintain an interactive process with stakeholders as the data processes is being developed - present and receive feedback on work-in-progress.
• Perform a consultancy role with business stakeholders. Present the final analytical outputs to stakeholders and assist in interpreting the results and providing advice & recommendations on the implementation of actions.
• Educate users where required on the design or how to utilise the solution.
• Engage with the business teams on an ongoing basis to understand management information needs and sensitise them to any relevant existing reports or management information outputs that will result in value-add opportunities in their respective areas
• Conduct impact analysis of any proposed changes that will impact on management information reporting
• Actively engage and participate in new initiatives within the business to ensure that the management information component is addressed
• Engage with other key stakeholders within the Group to ensure that the business leverages off what is available and are aware of initiatives in the group that may impact on the business

Accountability: Continuous self-development and growth

• Stay abreast of knowledge and skills relevant to the level and area of work, as well as actively seeking to attain those required for the next level of work with particular focus on best practices
• Continuously enhance the business expertise by analysing its drivers, key indicators, relationships and trends.
• Consider all influencing events, quantify the impact on the business and pro-actively find solutions
• Develop a thorough knowledge of various systems and related reporting including ability to build / adjust reports within Workday.

Minimum requirements:

• LUM experience
• Proficient in SQL
• Proficiency in analysing results obtained in SQL/LUM
• Iterative Problem Solving
• 3 years in financial services and specifically operational reporting knowledge within the insurance industry.
• Information System/Data Base Design Bcom/B.Sc. degree preferable
• Experience in information generation and maintaining data processes.

Education
Bachelor's Degree: Information Technology/Systems
Education
Higher Diplomas: Physical, Mathematical, Computer and Life Sciences (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Skills Required