Insurance Portfolio Manager

Placements24; Upington; Presencial; ZAR 900.000 - 1.500.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Competitive salary

Medical aid

Retirement fund

Paid annual leave

Professional development

Descripción de la vacante

Placements24 in Upington, Northern Cape, seeks an experienced Insurance Portfolio Manager to optimize a diversified portfolio, analyze profitability, market share, and growth opportunities, and ensure the competitiveness of the company’s offerings. You will collaborate with actuarial, marketing, sales, and underwriting teams to align product strategy with business objectives.

The ideal candidate holds a Bachelor's degree in a related field; an MBA is a plus, with 6+ years in insurance

Formación

• Bachelor's degree in a relevant field; MBA is a plus.
• Minimum of 6 years in insurance product/portfolio management or related strategic role.
• Deep knowledge of insurance lines and market dynamics.
• Strong analytical, strategic thinking, and problem-solving skills.
• Proven ability to analyze financial data and market trends to inform decisions.

Responsabilidades

• Manage and monitor the performance of the insurance product portfolio, analyzing profitability, market share, and customer satisfaction.
• Develop and implement strategic plans for portfolio growth and optimization.
• Conduct market research and competitive analysis to identify trends and opportunities.
• Collaborate with actuarial on pricing, reserving, and financial projections for products.
• Work with marketing and sales to develop go-to-market strategies.
• Ensure offerings comply with regulations and guidelines.
• Provide guidance to underwriting on product-specific guidelines.
• Identify underperforming products and develop improvement or discontinuation strategies.
• Present portfolio reviews and strategic recommendations to senior management.
• Foster innovation within the portfolio to meet evolving customer needs.

Conocimientos

Analytical skills

Strategic thinking

Financial analysis

Stakeholder communication

Educación

Bachelor's degree in Business Administration, Finance, Marketing, Actuarial Science, or related field

Herramientas

Portfolio management software

Descripción del empleo

About the Role

Our client, a leading insurance corporation, is seeking an experienced and strategic Insurance Portfolio Manager to oversee and optimize their diverse insurance product portfolio from their **Upington, Northern Cape, ZA** office. This critical role involves analyzing market performance, identifying strategic growth opportunities, and ensuring the profitability and competitiveness of the company's offerings. The Portfolio Manager will collaborate closely with actuarial, marketing, sales, and underwriting teams to align product strategy with business objectives. The ideal candidate will possess strong analytical skills, a deep understanding of the insurance market, and a proven ability to drive product performance and innovation. This position is key to maintaining and enhancing our client's market position.

Key Responsibilities

• Manage and monitor the performance of the insurance product portfolio, analyzing key metrics such as profitability, market share, and customer satisfaction.
• Develop and implement strategic plans for product portfolio growth and optimization.
• Conduct market research and competitive analysis to identify emerging trends and opportunities.
• Collaborate with actuarial teams on pricing, reserving, and financial projections for new and existing products.
• Work with marketing and sales teams to develop and execute go-to-market strategies for products.
• Ensure product offerings comply with all relevant regulations and legal requirements.
• Provide guidance and support to underwriting teams on product-specific guidelines.
• Identify underperforming products and develop strategies for improvement or discontinuation.
• Present portfolio performance reviews and strategic recommendations to senior management.
• Foster innovation within the product portfolio to meet evolving customer needs and market demands.

Requirements

• Bachelor's degree in Business Administration, Finance, Marketing, Actuarial Science, or a related field.
• An MBA or equivalent is a plus.
• Minimum of 6 years of experience in insurance product management, portfolio management, or a related strategic role within the financial services industry.
• In-depth knowledge of various insurance lines and market dynamics.
• Strong analytical, strategic thinking, and problem-solving skills.
• Proven ability to analyze financial data and market trends to inform strategic decisions.
• Excellent communication, presentation, and interpersonal skills.
• Experience in project management and cross-functional team leadership.
• Understanding of insurance regulations and compliance requirements.
• Familiarity with the **Upington, Northern Cape, ZA** region's market context is beneficial.
• Proficiency in portfolio management tools and relevant financial software.

Benefits

• Our client offers a competitive salary commensurate with experience and expertise, along with performance-based bonuses.
• Comprehensive medical aid and retirement fund benefits are provided.
• Generous annual leave and other paid time off are standard.
• Opportunities for continuous professional development, including specialized training and leadership programs, are available.
• This role is based in our **Upington, Northern Cape, ZA** office, offering a structured and collaborative work environment.
• Our client is committed to fostering a positive and growth-oriented workplace culture.
• Opportunities for career advancement within the organization are significant.