Senior Portfolio Manager (UMA)

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

Job summary

Guardrisk is the leading cell captive insurer in South Africa, renowned for innovative risk transfer solutions and cell captive structures. We seek a senior contributor to drive strategic initiatives across UMA cell captives and Guardrisk’s portfolio.

You will collaborate with internal divisions and UMA partners to grow profitability, manage underwriting and claims mandates, and ensure compliance and financial stewardship within a dynamic environment.

Qualifications

• B.Com Degree with FAIS compliance required.
• RE1 advantageous.
• Minimum 5 years’ experience in the insurance industry.

Responsibilities

• Develop and implement Guardrisk’s strategic initiatives, including new business development.
• Manage UMA partners in cell captives with defined controls and processes.
• Contribute to the UMA portfolio growth and profitability through active marketing and interaction with UMA partners.
• Ongoing management and monitoring of underwriting, claims, reinsurance, compliance, financial and solvency results with internal and external stakeholders.
• Analyze and manage financial aspects of UMA cell captive partners.

Skills

Accounting knowledge

Insurance knowledge

People skills

Negotiation

Teamwork

Education

B.Com Degree

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.

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

Development and implementation of Guardrisk’s strategic initiatives.

Qualifications

• B.Com Degree & / Relevant tertiary qualification
• FAIS Compliant
• RE1 advantageous

Experience

• Minimum 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.

Duties & 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, such as the FSCA and other external parties.
• Analysis and management of financial aspects of UMA cell captive partners.

Business Acumen

Understands how the business operates, what the key issues and risks are that drives business success; and how they impact on the commercial viability of potential ventures and the profitability of the Group.

Collaboration

Prioritises the business interests of Guardrisk and invests in the success of the group by aligning effort across divisions.

Client/ Stakeholder Commitment

Anticipates, meets and exceeds client’s needs by creating long lasting relationships that support the client value proposition, supports their financial wellness and ensures client centricity.

Impact and Influence

Persuades, convinces, influences and inspires others, both within Guardrisk and externally to win support, loyalty and gain commitment to the purpose of MMI.

Results & Solutions focused driven

Drive a sense of urgency, focus, accountability, agility and execution to deliver business results.

Networking

Create and maintain a useful network of expertise to advance the interest of Guardrisk

Leads Change and Innovation

Actively leads change, does what is right for the business and drives continuous improvement through innovation.

Diversity and Inclusiveness

Is sensitive to individual and cultural differences and demonstrates humility and an openness to engage people from diverse backgrounds and cultures to the mutual benefit of all parties concerned.

Enquiries [e-mail]