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


  • 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.


  • 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

Related Articles


Adblock Detected

Please consider supporting us by disabling your ad blocker