Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job DescriptionResponsible 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
Qualification required
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)
Behavioural Competencies:
Strategic thinking.Assertiveness and problem solvingNegotiation 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.