Portfolio Manager - Insurance, Uma Experience Essential

Be Different Sa (Pty) Ltd; Gauteng; On-site; ZAR 900,000 - 1,250,000; Full time

Job summary

Be Different Sa (Pty) Ltd is seeking a Portfolio Manager: Corporate Risk Solutions in Sandton to grow an existing client portfolio through relationship management and product development. UMA experience is essential.

You will assess risks, determine premiums and policies, administer policies, and manage broker and insurer relationships, working with specialist insurance products. Salary is confidential and discussed during interview.

Qualifications

• BCom required.
• Microsoft Office proficiency required.
• 4–6 years general business and insurance experience.
• Short-term experience & UMA experience non-negotiable.
• Knowledge of Insurance and related industry.
• Project management experience considered a plus.
• FAIS compliance preferred.
• Analytical thinking and attention to detail required.
• Results and solutions focus with drive and energy.
• Self-management including planning, prioritising and time management.
• Visibility and impact including professional presentation.
• Strong communication skills.
• Customer service orientation.
• Relationship building and interpersonal sensitivity.
• Teamwork.
• Business and financial acumen.

Responsibilities

• Develop and grow an existing portfolio of clients through relationship management and product development.
• Interpret financial statements and actuarial data; discuss budgets; manage client portfolios.
• Maintain and grow portfolio profitability; present status reports and statistics.
• Coordinate with brokers, clients and internal teams to meet client needs.
• Drive cross-selling of other products and services.
• Manage renewal processes with brokers and clients.
• Ensure documentation for the insurance programme is complete and compliant.

Skills

UMA experience

Short-term experience

Microsoft Office

Analytical thinking

Time management

Communication

Relationship building

Customer service

Teamwork

Business acumen

Financial acumen

Project management

FAIS compliance

Education

BCom

Job description

Our client, a Sandton-based organization that delivers risk solutions within the insurance sector is seeking a Portfolio Manager: Corporate Risk Solutions to grow an existing portfolio of clients through relationship management and product development. UMA experience is essential.

Please Note: Salary is confidential - to be discussed during interview process

• Assessing risks and determining premiums and policy terms.
• Administering policies or handling claims.
• Managing relationships with insurance brokers and insurers.
• Working with specialist insurance products.

In order to be considered the following is required:

• BCom
• Microsoft Office
• 4 - 6 years general business and insurance experience
• Short Term Experience & UMA Experience (Not Negotiable)
• Knowledge of Insurance and industry
• Project Management (ideal)
• FAIS Compliant (preferable)
• Analytical thinking and attention to detail
• Results and solution focused (drive, energy and follow-through)
• Self-management (planning, prioritizing and time management)
• Visibility and Impact (includes professional presentation)
• Communication
• Customer service orientation
• Relationship building (includes listening and interpersonal sensitivity)
• Teamwork
• Business and Financial Acumen

Responsibilities:

Develop Existing Portfolio of Clients:

• Developing an ongoing prospect pipeline through liaison within the greater business, broker relationship and client relationship
• Using financial acumen to interpret financial statements, actuarial data and ability to deal with budgets
• Developing the business image and presence
• Identifying opportunities to maintain and grow the portfolio
• Conducting meetings with clients
• Distributing and discussing statistical information
• Checking and forwarding financial statements to client
• Designing and preparing status reports
• Providing prompt authorisation of claim payments
• Dealing with client queries
• Re-evaluating portfolio structures and servicing requirements on an ongoing basis relative to changing needs of the client
• Evaluating client’s needs and requirements to enhance cross selling of other products
• Participating in renewal process with broker / client
• Ensuring all documentation pertaining to the insurance programme facility is in place

Develop New Prospects and Products:

• Achieving a targeted annual new business budget
• Developing new products and new insurance structures
• Creating and maintaining business relationships to ensure new business growth of both income and clients
• Dealing with Financial Managers, Financial Directors, Risk Managers at Client Exco Level
• Building and maintaining relationships at client, broker and inter-departmental levels
• Liaising with underwriting, finance, actuarial, claims departments
• Attending product launches
• Discussing and finalising product specifications
• Finalising pricing, cost and income structure
• Co-ordinating documentation, role and responsibilities, agreements, system and legal requirements, processes and procedures
• Compiling and managing budget
• Marketing the business products and services
• Following-up on inquiries and queries
• Sourcing potential client and products
• Complying with new business take-on procedures

Administration:

• Maintaining CSA (monthly) questions through the CURA Risk Management System
• Attending monthly operational meeting
• Administrating client files
• Maintaining weekly prospects list and report back on divisional issues
• Monthly budget review and reporting on variances and new business targets
• Tracking renewals per portfolio
• Managing delivery against deadlines i.e. budgets, forecasts, projects deliverables, financials, actuarial deadlines

Please consider your application as unsuccessful if you have not received a response within 14 days of submitting your application.