Portfolio Manager (Insurance)

at  Standard Bank

Job Overview
Business Segment: Insurance & Asset Management
Location: ZA, GP, Roodepoort, Ellis Street 4
Job Type: Full-time
Job Ref ID: 80380924A-0001
Date Posted: 10/1/2024
Job Description
Responsible and accountable for the SIL Personal Lines product offering in respect of:
Leadership: To provide strategic, operational, and tactical leadership in growing income and profitability of the Direct and 3rd Party Personal lines Portfolio
Direct and 3rd Party Portfolio strategy formulation and execution to drive growth and profitability
Product Management: End-to-end product cycle management (including product development, research and thought leadership)
Underwriting Governance and profitability management
Strategic and operational stakeholder engagements
Channel management and oversight (internal broker/bank and 3rd party channels/partnerships) including business process oversight of mandated 3rd parties (binder and outsourced functions)
Providing input into SIL reinsurance renewal planning and preparations
Providing input into the marketing of Standard Bank Insurance products and product awareness
Reporting: Preparation of budgets, business updates, SIL Board and other committee reports
Oversight of value-added services including non-regulated services
Qualifications

QUALIFICATION REQUIRED:

Business Degree
An Insurance qualification accreditation (AIISA/ACII/FIISA/FCII)
KI Readiness Requirements (Must be ready to be appointed a KI if needed)

KNOWLEDGE:

Knowledge of short-term insurance, especially Accident and Health products
Knowledge of regulatory, and compliance requirements for short-term insurance
Knowledge of short-term insurance value chain and related ecosystems.
General knowledge of the economic environment.

EXPERIENCE:

Min 5 years’ experience in a similar managerial role in the short-term insurance industry (specifically in product management with exposure to prior experience in the above key responsibilities)
Additional Information

Please refer the Job description for details