Reinsurance Manager - Non Life (Cell Captive) Mmh251014-2

51736F19-04F8-4368-9978-2Abfd5Dcc5A6; Gauteng; On-site; ZAR 1 500 000 - 2 000 000; Full time

Job summary

A leading financial services company seeks a Head: Reinsurance to oversee IFA acquisition and connections. This role involves managing a team, driving profitable growth, and ensuring a high-performance culture. Ideal candidates will have a BCom degree, substantial experience in the financial services industry, and a strong business acumen. Experience with Momentum products is an advantage. Join us to make a significant impact in developing IFA relationships and achieving sales targets.

Qualifications

• 5 to 8 years’ experience in the financial services industry, primarily in risk and saving.
• 3 to 8 years’ relevant management experience.
• Familiarity with Momentum, Myriad, and Investo is beneficial.

Responsibilities

• Manage a team focused on IFA acquisition and connections.
• Drive profitable growth and maintain high-performance culture.
• Develop and execute the business plan.

Skills

Strong business acumen

Decision-making skills

Recruitment

Business process understanding

Financial planning knowledge

Education

BCom degree in Business Management or Investments

CFP (advantage)

Job description

Role Purpose

The position will serve as the successor to the established role of Head: Reinsurance, with the express intent of being developed in order to replace / succeed our current Head of RI within the next 3 years.

Position Overview

The position is developed in Role Purpose. The Retail Regional General Manager will acquire new IFAs for Momentum, responsible for the effective placing of IFA’s in the best panel with best BC.

Ensure a high-performance culture is set and maintained. Drive profitable growth through planning, execution and management of a team of BCs that builds IFA Connections.

Responsibilities

• Active People Mobiliser
• Manage the team
• Continuous drive to interview and recruit the best specialist to match the IFA base
• Joint calls with specialists
• Regular feedback and coaching – one‑on‑one and in the team
• People that will walk through fire for their RGM
• Effective lead team
• Have robust relationships with all key stakeholders in MDS product houses and externally
• Driver of high‑performance culture
• Develop and execute the business plan
• Set the performance standard by regularly attracting new IFAs
• Set annual, quarterly and monthly sales goals for each BC
• Develop and drive growth in sales distribution in support of strategic objectives
• Create a great team spirit
• Active competition and recognition
• Ensure achievement of sales targets
• Petition to step up further
• Learning and development catalyst
• Engage each of the specialists systematically and consistently
• Support the continuous learning program and knowledge distribution program
• Bring new content and product changes smoothly into the IFA market
• Master competitor comparison
• Develop full value chain including service, product and distribution, and the enablers of technology, knowledge and marketing
• IFA Acquisition and Connection
• Acquire new IFA relationships
• Take ownership for the IFAs and build meaningful and value‑adding relationships between the advisers and Momentum
• Ensure frequent engagement and marketing activities
• Drive clear communication to IFAs
• Active reporting
• Drive an advice‑led engagement that focuses on best‑practice service delivery
• Drive sound financial and corporate governance practices

Qualifications

• BCom degree in Business Management or Investments (Honours degree is an advantage)
• CFP is an advantage
• 5 to 8 years’ financial services industry experience, primarily in risk and saving
• 3 to 8 years’ relevant management experience
• Momentum, Myriad and Investo experience an advantage
• Strong business acumen, ease in decision‑making and initiative
• Business process experience – new business, underwriting, claims
• Knowledge of financial planning and advice processes – tax, structuring, estate planning
• Knowledge of the financial services industry and Momentum product line