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Gluw Group Risk Implementation Specialist
2 weeks ago
GLUW Group Risk Implementation Specialist:
Career Level 3
Company
Munich Re
Location
Johannesburg, South Africa
Munich Reinsurance Company of Africa Limited (MRoA) has been operating in South Africa for 50 years, although the Munich Re (Group) was active on the Continent via Munich Re in Munich for some years prior to commencing the Southern African operation in Johannesburg in 1968. The Head Office of MRoA is in Johannesburg, with a client service Life office situated in Cape Town.
Department Description
The Group Risk business development team is responsible for the profitable growth of the group risk reassurance business by nurturing and developing existing and new markets and client relationships, expanding MRoA Life footprint and market reach.
One of the main strategic programs to increase profitable growth is the development, roll out and maintenance of GLUW (Group Life Underwriting Workspace
- MRoA's online group risk quotation tool), which is the specific focus of this role.
Your Job:
- Aim to acquire profitable Group Risk reassurance business which adds to the bottom line of MRoA Life, value of new business and embedded value
- Help develop and drive the MRoA Group Risk client strategy with specific focus on GLUW
- Project manage the further development and roll out of GLUW
The partners include:
Product and Pricing, IT developers, GLUW product owner, Munich Re regional IT, Head of Digital, Group Risk business development, Risk Management, Legal and Compliance, Clients etc.
- Ensure all specifications for GLUW new build and enhancements are clearly defined for development
- Specifically focusing on clients using or in the process of implementing GLUW:
- Build collaborative and sustainable relationships
- Responsible for client roll out of GLUW (and any additional future requirements/maintenance) proactively, taking responsibility for deliverables.
- Responsible for quotation authority and other parameterisation of GLUW for specific client
- Responsible to deliver client requirements
- Guide, coordinate and contribute internal and client training and knowledge sharing sessions on GLUW
- Guide, coordinate and contribute to the marketing of GLUW
- Ensure all documentation related to GLUW is in place (including treaty amendments, GLUW user manual, contracts, compliance).
- Accountable person for GLUW audits.
- Help evolve the GLUW road map including the prioritisation of new build and enhancement items
- Coordinate and contribute to the standardisation of MRoA's group risk offering.
- Responsible for GLUW quarterly rate updates deploy
- Coordinate or contribute to tender projects, pulling in functional experts where required
Your Profile:
- Qualified or nearly qualified Actuary
- Risk Experience (at least 5 years) which includes pricing experience with sound technical understanding of Life products (Experience in Group Risk would be a significant advantage)
- Excellent Project management skills (at least 2 years project management experience)
- Experience working on IT development projects
Our Benefits:
- Life and Health Benefits.
- Retirement Benefits.
- Hybrid working environment.
- Bonus Scheme.
- Employee Assistance Program.
- Wellness Programs.
- Global Mobility.
You will work in an environment where we aspire to think big: Change and culture are challenged. We communicate a compelling and shared purpose and direction. We pave the way towards success and see failure as learning.
You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders.
We aim to communicate in a clear & authentic way. We solicit feedback, ask and listen, learn and unlearn.
We lead the We:
We have a passion for winning and growing as a team. We inspire people to deliver a joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged.
LI-Hybrid #Reinsurancejobs
This is a permanent position and is based in Johannesburg, South Africa.
The closing date for this opening is 19 May 2023.-
Disclaimer:At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This integration is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us
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