Regional General Manager at Hollard Insurance

Job Advert Summary    
Hello… an exciting new opportunity has just become available in our Insure, Broker Distribution.  We are looking to recruit a Regional General Manager, Central Region

Role Objectives

Actively lead and manage the region.  Strong strategic focus.  Full business management of the region including financial, operational and sales management.  Contribute to the growth and profitability of Hollard.  Ensure all technical aspects and administrative functions within the region are adhered to

Key Responsibilities

• Financial Management: Forecasting, budgeting, budget attainment, cost management etc
• Operational Management: Management of all aspects relating to operations within the region
• Sales and Marketing: Manage the growth (including organic growth) of the region.
• Account Management:  Meet goals for volume and value of quality new business quoted and written within company guidelines. Recommend or implement changes to improve productivity, profitability, growth and the quality of assigned book of business. Service, grow and maintain renewal policies
• Underwriting/Risk Analysis: Analyze qualitative and quantitative data prepared by brokers to provide approval for risk selection and acceptance, coverage and price. Recommend creative alternatives in regards to rating plans coverage and payment plans. Decline unsuitable risks
• Relationship Management: Interact frequently with branch managers, brokers and/or agents
• Networking: Identify prospective customers using established lead methods
• Variance Management: Adhere to standards set by Hollard. Provide action plans and follow up with corrective actions to all variances
• Reporting: Provide necessary reporting on financial and operational indicators relating to the region. Provide feedback (reporting) to senior management on achievements, pending issues, problems and suggested recommendations
• Performance Management:  Manage the performance and efficiency of the region and individuals, using KPI’s, standards, process compliance, service level agreements, policy and procedures as tools and guides
• Decision making: To make recommendations and take decisions on technical or complex administrative functions within mandates
• Risk Management: Broker account management - credit control procedures, loss ratios, broker/agent agreements, ensure compliance with rating, underwriting principles and reinsurance through ad hoc audits on team members

Required Knowledge and Experience    

• Sound understanding of commercial short term insurance with at least 15 years’ experience
• 8 years in senior management position
• Strong commercial underwriting, claims, risk and reinsurance skills.
• Strategic thinker and implementer
• Business management skills
• Change management skills
• Relationship management skills
• Negotiation skills
• Complexity management skills
• Networking and collaboration skills

Educational Requirements    

• Business, Finance or Insurance-related Tertiary Qualification
• Post Graduate Qualification (Hons, MBA etc.) will serve as an advantage

Closing Date: 15th, March 2022