Discovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.
About Discovery Life
Discovery Life is an ever growing fast paced and dynamic environment that provides innovative risk assurance to individual clients. This environment thrives on customer engagement and customer experience as well as mutually beneficial relationships with our brokers and other stakeholders. It is important for our employees to provide a world class service to our internal and external clients, thereby ensuring long and sustainable relationships
Key Purpose
The primary responsibility of this role is to ensure the integrity and accuracy of Discovery Life policies across all stages--post-New Business, during Servicing, and after Claims. This includes analysing errors, conducting root cause analysis, and providing timely support to the business by implementing immediate resolutions to system failures. By proactively mitigating service disruptions, this role plays a key part in optimizing processes and enhancing overall operational efficiency.
Areas of responsibility may include but not limited to
Operations Business Support - Investigate and resolve system errors, analyze production defects, and identify root causes to prevent recurring issues
Provide technical and systems support to the Servicing, Replacements, Contractual Changes, and Claims business units to ensure seamless operations
Actuarial Support - Verify premium calculation issues, resolve instability and data errors
Technical support to data fix team for verifying, lifting and replacing of policy locks
SLA management with all system teams to ensure that Production errors are resolved timeously
Analysing and reporting on trends and Root Causes and identifying process enhancement opportunities
Analysing and reporting on Exception reports
UAT Team - Testing of all new product and processes for all system releases. Co-ordinating user testing, running weekly stand ups with Test Analysts, BA's and development team and providing sign off for implementation
Plan and deliver monthly billing support to ensure accurate processing and reconciliation
Oversee and provide same-day feedback on inquiries within the Claims, Servicing, and Vitality Rating email groups to ensure timely and effective communication
Facilitate the processing of claims, servicing requests, and legal policy voids and reconstructions to ensure accuracy, compliance of product rules and adherence to defined SLAs
Daily reporting - Actuarial Support escalation list
Monthly reporting on:
Vitality Ratings
Voids & Reconstructions
Staff resignations
Adhoc tasks as allocated or required by management
Education and Experience
Essential:
Matric
At least 2 years of administrative experience in the financial services or life insurance industry
At least 2 - 3 years' experience in Discovery Life
Advantageous:
Qualification in Business / Data Analysis from an accredited institution
Experience within the Discovery Life Servicing, Contractual or Claims environment
At least 1 years' experience in Discovery Life within a Technical Role
Technical Skills and Knowledge
Essential:
In-depth understanding of Discovery Life products and Operations business and systems
Demonstrated Analytical and Problem-Solving Capability
Comfortable navigating ambiguity
Good verbal and written communication skills
Excellent numerical and analytical skills
Knowledge of the Life Insurance market
Proficiency in MS Word, MS Excel and MS Outlook
Advantageous:
Familiarity with SQL Data base
EMPLOYMENT EQUITY
The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
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