Technical Marketing Specialist

2 months ago

Cape Town, South Africa Momentum Corporate Full time

**Introduction**Disclaimer**
- As an applicant, please verify the legitimacy of this job advert on our company career page.**Role Purpose**Requirements**:
**Experience and Qualifications**
- Business, Actuarial or Finance related degree.
- 10+ years’ relevant experience with sound understanding of employee benefits, group insurance product and pricing, as well as basic investments knowledge.
- Group insurance and Umbrella fund pricing will be a key advantage.
- Business development/ commercial experience with exposure to client facing environment.
- Development and management of key client relationships.
- Business process automation skills will be an advantage.

**Duties & Responsibilities**

**INTERNAL PROCESS & CLIENT**
- Drive strategic projects towards growth of the FAW and GI book and improve Momentum Corporate’s market share in the umbrella fund and group risk industry.
- Drive strategies aimed improving market penetration of retirement and insurance products through intermediary groups and direct distribution initiatives.
- Monitor the financial impact of product take-up, lapses, new business hit rates and translate to effective strategies to maintain and grow market share
- Develop, plan, implement and take joint accountability for the Technical Marketing strategic objectives, partnering with product, pricing and distribution teams, aligning to the Momentum Corporate strategy.
- Provide insurance product and pricing expertise, to key clients and stakeholders by supporting the Momentum Corporate distribution channels.
- Provide commercial insights to technical pricing sign-off for FAWGI pricing (insurance, administration, and investment fees) within the authorisation matrix.
- Assist the tender management in the completion of Request for Proposals for new business.
- Drive research and monitoring of the industry, legislation and regulation, target market, technologies, and competitors, including a SWOT analysis, to identify opportunities for new and innovative growth areas
- Assist in developing and executing strategies to increase transformation and number of supporting brokers within FAWGI.
- Development of the intermediary value propositions, including tracking of client behaviour and making recommendations to enhance the intermediary value proposition.
- Drive initiatives aimed at improving the client and intermediary experience to both internal and external stakeholders.
- Identify opportunities to leverage strategic relationships and alliances to build new channels, distribution pipelines, or growth opportunities in partnership with key stakeholders and product owners.
- Drive cross-selling and collaboration opportunities across the value chain and various businesses within Momentum Group through partnerships and relationship building.
- Collaborate with data analytics team to provide competitor analysis and comparisons of products in the market and identity areas of growth.
- Contribute to sustaining a competitive edge through external networking and benchmarking and representation on related forums.
- Drive product development and management through providing inputs from own expertise, as well as client and stakeholder feedback.
- Track and address product development related workflows and identify trends and weaknesses to be addressed in the product offering relative to market
- Oversee development of tools and calculators for clients and intermediaries to improve ease of doing business and positioning thought leadership
- Assist in reviewing and comparing competitor strategies, to inform product and pricing strategies.
- Collaborate with other teams (including the actuarial team, quotes, rate review teams, client services, disability management, marketing, digital client experience, IT and legal) to ensure that new products are financially viable, solution-orientated and fit for purpose to clients and markets.
- Influence new business sales, marketing and communication processes by via elevated technical input related to FAWGI.
- Collaborate and co present with Momentum Investments on large new umbrella business.
- Representation, training, and attendance of advisory body meetings of large participating employers on FAW and provide feedback.
- Build and execute presentations required for launching, training and new business to internal stakeholders, intermediaries, clients, and media.
- Oversee the market positioning of new product developments, collaborating with Product, Marketing, Legal, and other teams.
- Manage content positioning for major marketing events, including Partnership Connect, broker engagements, and product launches.
- Collaboration and maintenance of the marketing strategy with FAWGI marketing team
- Contribute to a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service.
- Innovative redesign of disclosures and statements to promote client understanding and engagement by partnering with clien

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