Portfolio Manager - UMA

Guardrisk; Johannesburg; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

Guardrisk, the market leader in cell captive insurance and risk solutions, seeks a strategic leader to develop and implement initiatives. You will manage UMA partnerships, drive new business development, and coordinate with multiple internal teams and external consultants to optimize underwriting, claims, reinsurance, and financial outcomes.

The role requires a strong understanding of insurance concepts, with 5 years’ experience in the industry and a relevant B.Com qualification.

Qualifications

• B.Com Degree / Relevant tertiary qualification.
• FAIS Compliant.
• RE1 (Advantageous).

Responsibilities

• Development and implementation of Guardrisk’s strategic initiatives, including but not limited to new business development.
• Manage a range of UMA partners in cell captives, in respect of defined controls and processes.
• Contribute to the UMA portfolio growth and profitability through active marketing, participation and interaction with UMA partners.
• Ongoing management and monitoring of key components of the client and stakeholder partnership, including underwriting mandates, claims mandates, reinsurance renewals, compliance, financial and solvency results.
• Coordinate with internal resources across underwriting, claims, compliance, actuarial, reinsurance, market conduct and financial divisions, and liaise with external consultants.
• Analysis and management of financial aspects of UMA cell captive partners.

Education

B.Com Degree / Relevant tertiary qualification

FAIS Compliant

RE1 (Advantageous)

Job description

Guardrisk is the undisputed market leader in cell captive insurance and risk solutions. We are renowned for our innovative approach to cell captive structures and other alternative risk transfer solutions for our clients. Guardrisk offers clients custom designed cover and is registered in South Africa as an insurer for all statutory classes of non-life and life insurance business.

Role Purpose

Development and implementation of Guardrisk's strategic initiatives.

Duties and Responsibilities

Development and implementation of Guardrisk’s strategic initiatives, including but not limited to new business development.

Manage a range of UMA partners in cell captives, in respect of defined controls and processes.

Contribute to the UMA portfolio growth and profitability through active marketing, participation and interaction with UMA partners.

Ongoing management and monitoring of key components of the client and stakeholder partnership, including underwriting mandates, claims mandates, reinsurance renewals, compliance, financial and solvency results. This function will include coordination of and liaison with GR internal resources, including the underwriting, claims, compliance, actuarial, reinsurance, market conduct and financial divisions, as well as likely liaison with external consultants.

Analysis and management of financial aspects of UMA cell captive partners.

Qualifications

B.Com Degree / Relevant tertiary qualification.

FAIS Compliant.

RE1 (Advantageous).

Experience

5 years’ experience in the insurance industry.

A good understanding of the insurance industry, in particular claims, reinsurance, underwriting, insurance accounting and financial principles.

A combination of strong accounting/insurance technical knowledge with strong people skills to negotiate optimal solutions with various UMA cell captive partners.

Ability to operate both independently as well as play an important role in the small UMA cell captive team and the greater Guardrisk group.

Should you not hear from us within 21 days, kindly consider your application unsuccessful.