Senior Portfolio Manager

2 weeks ago


Sandton, South Africa Guardrisk Full time

Introduction


Responsible for the growth and management of a portfolio of mid-corporate clients for the construction (contract) bonds & guarantees division.


Role Purpose


Responsible for the growth and management of a portfolio of mid-corporate clients for the construction (contract) bonds & guarantees division.


Requirements:

  • An undergraduate degree in the Built Environment or Finance
  • Certificate in shortterm insurance
  • RE 5 certificate for Representatives
  • FAIS compliant
  • At least 5 years working experience as a contracts/commercial specialist/manager in engineering/construction/investment/mining firms or surety/guarantees division of an insurer/reinsurer/bank
  • Minimum 5 years business management experience
  • Knowledge of the infrastructure/construction contracts, engineering principles and commercial business

Duties & Responsibilities

  • Retain and grow the construction bonds & guarantees book in the midcorporate segment
  • Pursue relevant growth opportunities that would allow the Guarantees division to achieve its strategic targets and objectives
  • Ensure that existing relationships with brokers and other role players are strengthened and built on a continuous basis
  • Ensure that new relationships are established to support the growth plans of the greater Guarantees division
  • Maintain relationships with all relevant clients and stakeholders within the assigned portfolio
  • Evaluating client's needs and requirements to enhance cross selling of other Guardrisk products
  • Achieving the annual business targets for the midcorporate portfolio
  • Mentoring & training junior members of the construction bonds & guarantees team
  • Conduct primary risk assessment on guarantee facilities for the midcorporate client segment
  • Conduct primary risk assessment for guarantees transactions
  • Executing transactions within the designated operational mandate
  • Preparation of primary risk assessment reports
  • Assess existing and new clients' financial statements & prepare a primary financial risk assessment
  • Coordinating documentation, role and responsibilities, agreements, system and legal requirements, processes and procedures
  • Perform reference and credit checks for existing and new midcorporate clients
  • Contribute to enhancing underwriting standards in the construction bonds & guarantees division
  • Build, maintain and continuously strengthen all relationships with the MMH Group's product, support, reinsurance as well as broker partners
  • Ensure that all regular interactions with any of the MMH Group's reinsurance, broker or product partners are done at the highest possible level of professionalism
  • Stay abreast of developments in the global guarantee & related insurance markets
  • Maintain professional relationships with all customers, suppliers and trade connections of the MMH Group with a view to maintain and improve the group's reputation and goodwill

Competencies

  • Business Acumen
  • Client Orientated
  • Collaborative
  • Innovative
  • Relationship management and networking


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