Balance Sheet and Investment Management Specialist at Hollard Insurance

Job Advert Summary    

• Hello…an exciting new opportunity has just become available in our Hollard International, Finance area. We are looking to recruit a Balance Sheet and Investment Management Specialist.
• Reporting into the Head of BSIM, the role is responsible for managing and assisting the Balance and Investment Management team in achieving its objectives of:
• Ensuring policyholder and shareholder objectives are met through the appropriate structuring of balance sheets;
• Maintaining high levels of investment income across subsidiaries; and
• The provision of information and advice to ensure appropriate decisionmaking at board and subcommittee level.

Balance Sheet Management

• Assetliability Matching and Liquidity – Provide advice and guidance to enable subsidiaries to ensure assets are appropriately matched to liabilities by duration, to ensure a Green Liquidity Environment at shorter durations and protect against yield curve risk at longer durations.
• Currency Matching – Provide advice and guidance to enable subsidiaries to ensure a Green
• Currency Matching Environment for all subsidiaries.
• Capital Adequacy – Assist in ensuring regulatory compliance by managing capital adequacy, assisting all countries with formulating and implementing new regulatory solvency regimes
• Capital Management – monitor and report on levels of distributable capital, return on equity and net generated equity metrics on a quarterly basis.

Investments

• Perform the review of investment policies annually to facilitate the implementation of appropriate investment strategy, from the perspective of both policyholders and shareholders;
• Facilitate the implementation of investment strategy through rebalancing of current investment portfolios, enlisting the services of both internal and external fund managers;
• Review quarterly report of investment performance and provision of feedback into the investment process.

Capital Management

• Manage the process of RoE and Capital target setting, measurement and communication.
• Perform balance sheet and dividend projections for all insurance licenses

Governance

• Ensure the formulation and annual review of policies for all countries
• Investment Committee Terms of Reference
• Investment Policy Statements
• Dividend Policy
• Liquidity Management Policy
• Representation of HINT as shareholder on subsidiary Investment Committees 

Reporting

• Attend and present into subsidiary investment committees;
• Manage preparation of quarterly reporting of Balance Sheet Management Reports and feedback to management;
• Manage the consolidation of subsidiary reporting to HINT Investment Committee and other governance structures as required.

Required Knowledge and Experience    

• Relevant min 5 year’s working experience in Balance Sheet and/or Investment Management.
• Interest in investments
• Strong technical skills
• Strong attention to detail
• Strong communication skills and ability to interact with people at different levels of seniority, including key members in the African subsidiaries
• Knowledge of basic financial accounting, actuarial and related processes
• Analytical thinking skills
• Strategic thinking skills

Educational Requirements    

• BSc Degree in Actuarial Science, minimum 9 exams