Portfolio Manager HOC STI

Standard Bank Group; Roodepoort; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A leading financial institution in Roodepoort is seeking a Product Manager for Short-term Insurance. The role involves strategic leadership, end-to-end product management, and reporting duties. Candidates should have at least 5 years of experience in a managerial role in the short-term insurance industry and a Business Degree. This position offers an opportunity to make a significant impact on product strategy and profitability.

Qualifications

• Minimum 5 years’ experience in a similar managerial role in the short-term insurance industry.
• Knowledge of short-term insurance, especially Personal Lines products.
• Familiarity with regulatory and compliance requirements.

Responsibilities

• Provide strategic leadership for the HOC Portfolio.
• Manage the end-to-end product cycle.
• Prepare budgets and business updates for board reports.

Skills

Strategic thinking

Leadership skills

Negotiation

Analytical

Problem-solving

Education

Business Degree

Job description

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

Leadership : To provide strategic, operational, and tactical leadership in growing income and profitability of the HOC Portfolio

HOC Products strategy formulation and execution to drive growth and profitability

Product Management : End-to-end product cycle management (including product development, research and thought leadership)

Underwriting Governance and profitability management

Strategic and operational stakeholder engagements

Channel management and oversight (SBIB / bank and 3rd party channels / partnerships) including business process oversight of mandated 3rd parties (binder and outsourced functions)

Providing input into Short term Insurance reinsurance renewal planning and preparations

Providing input into the marketing of Standard Bank Insurance products and product awareness

Reporting : Preparation of budgets, business updates, Short-term Insurance Limited Board and other committee reports

Oversight of value-added services including non-regulated services

Qualifications

Qualification required

Business Degree,

Must be prepared to undertake KI Readiness Requirements

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-orientated.
• Strategic and operational / tactical leadership skills.
• Analytical
• Technical Underwriting skills (including product development).

Are you passionate about Africa's potential? Are you driven to win? At Standard Bank Group, a team of over 50 000 dedicated individuals share one common purpose : Africa is our home, we drive her growth. We believe our people are our greatest asset, and we strive to create a thriving environment where you can bring your whole self to work, pursue your dreams, and see your ideas shape a brighter future for Africa. Join us, if you're ready to turn your passion into impact and make a real difference as part of a dynamic team.