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Closing: Sep 16, 2022

This position has expired

Published: Sep 12, 2022 (24 days ago)

Job Requirements

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Job Summary

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What we’re looking for:

Qualifications


  • Tertiary qualification/Graduate level degree in Business/Economic/ Insurance or Marketing.
  • Must have Insurance Technical qualifications CII/ACII/AIIK
  • Re-insurance qualifications
  • Proficiency in IT applications widely used for business


Responsibilities


What we’re looking for:

Qualifications


  • Tertiary qualification/Graduate level degree in Business/Economic/ Insurance or Marketing.
  • Must have Insurance Technical qualifications CII/ACII/AIIK
  • Re-insurance qualifications
  • Proficiency in IT applications widely used for business


Production

  • Ensure that production growth targets are achieved and provide leadership to take remedial action to address shortfalls
  • Accountability for Financial Lines P&L

Business Operations

  • Establish / execute strategic business plans to achieve profitable growth in line with departmental targets
  • Prepare, manage and execute production and expense budgets in line with departmental set budgets.
  • Manage estimates and reporting processes and prepare ad hoc financial and management reports
  • Manage and coordinate SLA’s with Customer Service Department to ensure operational efficiency and achievement of agreed customer service standards
  • Assist Credit Control department with receivables

Portfolio Management

  • Ensure adherence to all underwriting guidelines.
  • Manage the portfolio in profitable and sustainable growth, closely following claims activity trends
  • Ensure adherence to all reporting requirements
  • Ensure adherence to all control framework requirements
  • Weekly reporting on key performance indicators for new and renewal business

Technical Underwriting

  • Review, analyse and underwrite new and renewal business within underwriting authority
  • Provide technical direction to underwriters
  • Negotiate terms and conditions with clients and brokers
  • Handle referrals to regional office as appropriate
  • Provide technical support to the Reinsurance Underwriting & Distribution team.

Business Development and Retention

  • Keep abreast of market changes and trends. Provide strategic direction for new business / new product development
  • Seek opportunities to improve synergies and lead cross-sell initiatives with other profit centres
  • Develop and maintain strong personal and professional relationships with clients
  • Represent the company at industry bodies and professional associations and organizations

Expense control

  • Manage all expenses within budget. Continuously work to reduce the expense ratio through constant attention to efficiencies and opportunities to maximize productivity through streamlining of processes

Performance Management

  • Set employee objectives and manage performance to achieve business goals
  • Ensure that appropriate training and development is provided to meet technical & regulatory requirements and encourage professional & personal growth

Talent Management

  • Work with HR to ensure that staff development plans are in place with feedback and follow-up
  • Work with HR to manage succession planning to develop & retain talent and build bench strength


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