Santam InsuranceFinancial Analyst
Apr. 2017 - Feb. 2018Johannesburg Area, South AfricaBudgeting and Forecasting:
Managed budget planning and forecasting for core claims and insourced business.
Analyzed financial data to support monthly management committee (Manco) reports. Data Analysis:
Conducted detailed analysis of gross written premiums (GWP) and claims costs.
Identified process trends and inefficiencies in client service delivery, leading to process improvements. Reporting:
Prepared and presented monthly, quarterly, and ad hoc reports on claims volumes, productivity, and financial performance.
Developed comprehensive reports on provisions vs. final costs, salvage income, and stolen vehicle reports. Stakeholder Engagement:
Engaged with various stakeholders, including motor, non-motor, finance, and client response teams, to align on reporting requirements and improvements.
Participated in relationship-building meetings with business units. Project Management:
Led Lean Six Sigma projects, such as the Excess Discrepancy Motor Claims project, from initiation to completion.
Collaborated with project teams to implement process enhancements and track performance metrics. Process Improvement:
Analyzed claims processes to identify areas for efficiency gains and cost reductions.
Recommended and implemented improvements to claims handling and reporting procedures.
Compliance and Governance:
Ensured compliance with financial reporting standards and internal audit requirements.
Monitored and validated data to ensure high-quality information collection and storage. Accomplishments:
Successfully managed budgets and forecasts, contributing to improved financial planning and resource allocation.
Enhanced reporting accuracy and timeliness, providing valuable insights for strategic decision-making.
Led process improvement initiatives that resulted in significant operational efficiencies and cost savings.
Developed strong relationships with stakeholders, facilitating better collaboration and communication.