Portfolio Manager HOC STI

4 days ago


Roodepoort, Gauteng, South Africa Standard Bank of South Africa Limited Full time

Business Segment: Insurance & Asset Management

Location: ZA, GP, Roodepoort, Ellis Street 4

Responsibilities

Responsible and accountable for the Short-term Insurance Limited HOC Personal product offering in respect of:

  1. Leadership: To provide strategic, operational, and tactical leadership in growing income and profitability of the HOC Portfolio.
  2. HOC Products: Strategy formulation and execution to drive growth and profitability.
  3. Product Management: End-to-end product cycle management (including product development, research and thought leadership).
  4. Underwriting: Governance and profitability management.
  5. Stakeholder Engagement: Strategic and operational stakeholder engagements.
  6. Channel Management: Oversight (SBIB /bank and 3rd party channels/partnerships) including business process oversight of mandated 3rd parties (binder and outsourced functions).
  7. Providing input into Short-term Insurance reinsurance renewal planning and preparations.
  8. Providing input into the marketing of Standard Bank Insurance products and product awareness.
  9. Reporting: Preparation of budgets, business updates, Short-term Insurance Limited Board and other committee reports.
  10. Oversight of value-added services including non-regulated services.
Qualifications

Qualification Required:
Business Degree,
An Insurance qualification accreditation (AIISA/ACII/FIISA/FCII)
Must be prepared to undertake KI Readiness Requirements.

Knowledge

Required Knowledge:
Knowledge of short-term insurance, especially Personal Lines 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 Required

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
  • Strategic thinking.
  • Assertiveness and problem solving.
  • Negotiation.
  • Results-oriented.
  • Strategic and operational/tactical leadership skills.
  • Analytical skills.
  • Technical Underwriting skills (including product development).

Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or TransactionFraudOpsSA@standardbank.co.za.

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