Portfolio Manager VAPS - GP, Roodepoort, 4 Ellis Street

Standard Bank Group; Roodepoort; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading financial institution in Roodepoort is seeking a Portfolio Manager for the Short-term Insurance division. This role involves strategic leadership for product offerings in the short-term insurance sector, with a minimum of 5 years’ experience in a managerial role required. Candidates should possess a business degree and relevant insurance accreditation, along with strong analytical and negotiation skills. The position requires a proactive approach to stakeholder engagement and product management.

Qualifications

• Minimum 5 years’ experience in a managerial role in the short-term insurance industry.
• Experience in product management is essential.
• Prepared to undertake KI Readiness Requirements.

Responsibilities

• Provide strategic leadership to grow income and profitability.
• Manage end-to-end product cycle.
• Engage with stakeholders operationally and strategically.

Skills

Knowledge of short-term insurance

Analytical skills

Negotiation skills

Stakeholder management

Excellent communication skills

Education

Business Degree

Insurance qualification accreditation (AIISA / ACII / FIISA / FCII)

Job description

Job title: Portfolio Manager VAPS - GP, Roodepoort, 4 Ellis Street

Job Location: Gauteng, Roodepoort

Deadline: October 05, 2025

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

• Business Degree
• An Insurance qualification accreditation (AIISA / ACII / FIISA / FCII)
• 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

Behavioural Competencies :

• Strategic thinking.
• Assertiveness and problem solving
• Negotiation
• Stakeholder management
• Results-orientated.
• Excellent communication skills.

Technical Competencies :

• Strategic and operational / tactical leadership skills.
• Analytical
• Technical Underwriting skills (including product development).
• Negotiation skills.
• People management skills.
• Insurance jobs