Broker Binder & Outsource Manager at Momentum Metropolitan Holdings Limited

Role Purpose    

• Development and implementation of Guardrisk’s strategic initiatives and overall management of the Broker and Binder relationships within the GGI division.

Requirements    

• Relevant tertiary qualification in line with insurance industry
• FAIS compliant
• At least 10 -15 years experience in the non life insurance industry
• A good understanding of the insurance industry, particularly (claims, reinsurance, underwriting, insurance accounting and financial principles)
• Ability to operate both independently as well as play an important role in the GGI division and the greater Guardrisk group 

Duties & Responsibilities    

• Development and implementation of Guardrisk’s strategic initiatives, including but not limited to new and existing business development and servicing of the Broker binders and outsource partnerships
• Overall management of broker relationships with key focus on binder and outsource agreements
• Ensuring compliance with the terms and conditions of various binders and outsource partnerships with specific focus on underwriting, reinsurance and claims
• Maintaining key relationships with broker binder and outsource partners
• Ensure strategic alignment between binder brokers and Guardrisk
• Compiling and drafting of various management reports
• Compiling and management of audit findings
• Stakeholder engagements within various internal and external divisions and partners
• Management of the profitability of the broker binder and outsource partnerships
• Ongoing monitoring, identifying problem areas and ensuring corrective actions are implemented to ensure effective portfolio management
• Driving sustainable growth within expected budget guidelines
• Analysis and implementation of trends within identified divisions
• Conduct Technical Underwriting Audits to vet the implementation of identified underwriting controls and conditions
• Monitor compliance to company treaty limits and conditions

Competencies    

• Results Oriented
• Drive & Initiative
• Relationship Building
• Servicing Oriented
• Good communication and presentation skills

Closing Date    
2023/03/09