Transnet Young Professional Training Programme 2015

Closing Date: 10 April 2015
Location: Johanessburg

The Young Professionals – In-Training (YPT) role within Group Insurance will focus on the various Insurance and Claims Processes within the different Insurance Portfolios, which include amongst others, Assets All Risk & Business Interruption, Construction Insurance, Injury on Duty, Marine & Aviation & Claims Systems. YPTs will also be exposed to orientation, on-job training, technical, professional development and action-learning initiatives.

Position outputs :

Assets All Risk Programme

• Annual Insurance renewal process
•  Active involvement in the risk engineering underwriting surveys to identify risks and exposures
• Claims recoveries on behalf of all Transnet Operating Divisions
• Assets Claims on behalf of all Transnet Operating Divisions
• Risk retention vehicle, rolling stock & other Assets (Aggregate Fund)
• Identify and mitigate strategic, operational and insurance related risks and exposures and identify all control breaches and ensures in conjunction with ODs and Specialist Units closure of such breaches.
•  Managing relationships with brokers, legal firms, loss adjusters, insurers both (international and local) Insurance compliance and advice
• Monthly reports and statistics Construction Insurance
• Identification of risks, determination of the appropriate level of risk transfer and secure the optimal coverage for the organisation for all construction activities.
• Collate underwriting information and review coverage specifications from insurance brokers for all new projects.
• Oversee construction insurance placements with regards to terms, conditions and pricing.
• Oversee loss control and claims on all projects.
• Monitor and report on Operating Division and Specialist Unit compliance with insurance and claims process/ procedure for construction risks.
• Advise and consult on pending new projects with regards to budgeting, insurance requirements of various parties as well as mitigating risks.

Third Party Liability Claims, Group Personal Accident Policies

• Management of General Liability claims in terms of the Law of Delict and the General Liability Policy terms and conditions.
• Claims process, including investigation, negotiation and settlement of third party claims
• Inspections in Loco, Attending Courts of Law, Consulting with Attorneys & Witnesses
• Effective management of the Group Personal Accident Policies
• Reporting and statistics
• Communicate insurance and claims handling measures, protocols and standards to all employees at all levels of the organisation
• Transnet Funeral Benefit Scheme

INJURY ON DUTY CLAIMS

• Annual assessment payable to the Compensation Commissioner
• Administration of Compensation for Occupational Injuries and Diseases claims in compliance with the Workmen’s Compensation Fund
• Handling of all correspondence regarding claims and settlement of accounts between injured employees and Operating Divisions, Specialist Units and suppliers.
• Data capturing
• Payment of Medical accounts
• Investigate queries relating to medical accounts

Qualifications & Experience

• LLB, B Proc, BCom (Law) or BCom (Information Systems) qualifications from a recognised South African Tertiary Institution.
• Transnet will only consider applicants that are currently unemployed.

Competencies

• Insurance & Claims Knowledge
• Magistrate & High Court procedures
• Case law knowledge and application
• Time Management
• Excellent verbal and written communication skills
• Computer Literacy
• Attention to detail

How to Apply

Apply for the Transnet Young Professional Graduate / Internship Programme