Portfolio Manager: Bsm

2 weeks ago


Durban, KwaZulu-Natal, South Africa Bryte Insurance Full time
Who we are

Bryte Specialist Motor is a leading underwriting management agency with a focus on commercial, classic, and collectible motor insurance. Bryte Specialist Motor underwrites on behalf of Bryte Insurance Company, a premier, proactive business risk specialist in Southern Africa.

As specialists in our field, we partner with customers and brokers to protect their businesses and improve their risk profile across the continent.

Bryte approaches customer risk with purpose, proactively working with brokers and customers to enable better risk decisions.

Key Tasks & Accountabilities

  • Produce a Business Plan that reflects market opportunities for the area of responsibility.
  • Produce a Sales Plan that demonstrates how to identify, develop, and manage prospects.
  • Underwrite and accept risks within a delegated authority to achieve the effective implementation of new business.
  • Grow and retain the BSM sales target to ensure the GWP and profitability targets are met.
  • Target new broker partners with a view to increasing market share whilst maintaining profitability within the desired loss ratio targets.
  • Track productivity levels in the required format
  • Deliver and enhance the highest level of client satisfaction by working with our broker partners to map and determine their business needs in delivering superior client service.
  • Strategically analyse the broker partner's business plan and develop future business opportunities.
  • Develop the broker panel whereby the Business Development Growth targets are achieved through relationship management.
  • Ensure that all technical and operational underwriting standards, procedures, and controls are complied with.
  • Implement agreed underwriting measures to attain targeted loss ratios and rates.
  • Ensure alignment with the BSM Sales Plan
Stakeholder Management

  • BSM Operations
  • Regional Managers
  • Core business functions within Bryte.
  • Wider Bryte Insurance Group stakeholders
  • Brokers
Qualifications and Experience

  • Graduate or equivalent with minimum 5 years short term insurance industry experience
  • Sound experience in Sales with a strong presence and footprint in the Broker community.
  • FAIS compliant
Knowledge

  • Sound understanding and knowledge of South African Insurance market experience within Sales.
  • Sound knowledge of statutory and legislative requirements
  • Maintain up to date knowledge of local markets and industry sectors.
  • Sound knowledge of Bryte Specialist Motor, its business strategy, and objectives
Travel and Other Requirements

  • Extensive local travel in the role
  • Driving licence required
Closing Date: 15 March 2024
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