Capital Analyst

-Introduction

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities and businesses.
Role Purpose

This position reports to the Head: Capital Management function of Momentum Metropolitan Group Finance & Balance Sheet Management. This roles forms part of a specialist team that is responsible for enhancing shareholder value creation for shareholders through optimising the cost of capital and the risk-adjusted return on equity through strategic planning and execution of efficient capital management disciplines throughout the Group
Requirements
- Honours degree (minimum) in quantitative fields (Actuarial Science, Statistics, Econometrics or Financial Mathematics). CA (SA), CFA or FRM will also be considered
- 2-5 years’ experience in a Financial services (banking, insurance or asset management), preferably in a treasury and/or capital management function
Duties & Responsibilities
- Implementing and maintaining the Group Capital Management framework that includes, capital allocation, capital performance metrics (Return on Equity, Return on Capital, etc.) and guidelines
- Involved in the development, implementation and maintenance of the Group Capital Plan, including capital projections and capital sources planning
- Capital modeling and quantification of the impact of the capital management activities on the regulatory solvency position
- Identify opportunities to optimise the capital structure of MMH in line with the Prudential Authority’s FSIs and FSGs and ensure that capital resources are deployed efficiently across the Group
- Collation, critical analysis and presentation of capital strength and quantitative returns for MM group as well as granular analysis of capital attribution and returns in order to enhance the efficient allocation of capital
- Ongoing Monitoring, refinement and reporting on financial hurdle rates for capital investment decisions and capital performance measures and capital performance targets
- Involved in enhancing the efficient the use of the group's balance sheet to support product strategy and innovation by ensuring that product design and pricing is optimally structured from a capital perspective
- Proactively and consistently engage with stakeholders on new business insights to improve Momentum Metropolitan's capital management discipline.
- Provide analysis and input into capital management decisions and reporting (e.g. capital management sections in annual reports and analyst presentations) across the Group
- Analysis and modelling of the credit rating scorecard and analysis of the impact of the business activities on the credit rating scorecard.
- Engage with internal and external stakeholders on capital management matters including regulators, credit rating agencies, financial institution counterparties, investors, industry forums etc.
Competencies
- Sound understanding of applicable capital regimes for capital-driven financial institutions (e.g. Prudential Authority’s Financial Soundness Standard for Insurers, Prudential Authority’s Financial Soundness Standard for Insurance Groups)
- Understanding of insurance business, capital requirements and risk management
- Strong research and analytical skills
- Strong modelling skills including excel, coding (python) etc.
- Strong presentation skills
- Strong skills in report writing and in presenting complex information to a diverse audience
- Planning, coordination and follow through skills. Able to manage stress, pressure and competing demands
- Self-starter - can run independently with large projects
- Team player and can coordinate effectively across multiple functions and disciplines
- Adhere to governance, risk and compliance requirements

Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.