Job Opportunities at Momentum

Role Purpose    

• To manage the holistic design, development, implementation and management of smooth bonus and structured investment solutions that enable client’s financial wellness needs and increase shareholder value in line with business strategy and growth objectives. 

Requirements    

• Actuarial Science or Statistics and Mathematics degree essential
• Qualified Actuary
• Certified Chartered Financial Analyst (CFA) (preferred)
• 10 years’ of actuarial experience within the financial service industry
• 5 -10 years of management experience
• Exposure to investment management, risk management, product development

Duties & Responsibilities    
INTERNAL PROCESS

• Collaborate with key stakeholders to research and analyse the financial wellness needs of clients.
• Based on clients’ financial wellness needs manage the development of products and solutions for Corporate and other segments.
• Oversee the bi-annual product reviews to monitor and maintain the ongoing viability of existing products to ensure that they still are profitable, appropriately cost, competitive, marketable, and meet clients' need, in order to either improve the product or the way in which it is managed.
• Build and maintain pricing models to evaluate the risks and enable pricing.
• Ensure the implementation of development strategies to ensure the delivery to the segments strategic focus areas around client centricity, growth and excellence to enable financial wellness.
• Ensure that the product development capability operates on an innovative, profitable, competitive and financially viable basis through an optimised packaging model.
• Ensure that products are developed within the Group’s governance framework and that products continue to be maintained within this framework.
• Align all product development solutions to development principles for new business and existing business that are relevant to the segment and target market.
• Work collaboratively with the other business unit’s to provide outstanding, effective and efficient product development capabilities.
• Contribute to related processes to continuously grow the target market and influence client experience.
• Influence new business, marketing and communication processes incorporating product development, and client experience to improve the understanding and acceptance of product solutions in the market.
• Contribute to the optimisation and delivery of the relevant segments client value propositions in partnership with the segment.
• Develop, build and maintain product development process in respect of client experience, client management and business development.
• Continuously strive to enhance and improve the product development processes.
• Contribute to discussions related to product capital requirements, value of new business and other financial metrics
• Identify and mitigate risk associated with the existing products by assessing the product features.
• Provide insights to other functional areas, segments and channels to enable innovative client centric solution and client experience design.
• Improve client offering through enhancements on existing products in order to ultimately increase shareholder value.
• Report on product performance and regulatory compliance
• Build financial projection models to simulate the probable client outcomes given proposed changes, and apply judgement on the suitability of the proposed solution
• Manage and prioritise the process of product enhancement to test the viability of proposed solutions against the business requirements.
• Partner with the Head of Technical Marketing to ensure that structured solution client and intermediary technical marketing content is appropriate and up to date.
• Partner with the Head of Distribution to ensure that the overarching distribution strategy that will enable the delivery of the total value proposition of the structured solutions business to market.
• Partner with the Head of Structured Solutions Administration to enhance client and intermediary experience.

CLIENT

• Provide authoritative, expertise and advice to clients and stakeholders
• Build and maintain relationships with clients and internal stakeholders
• Exhibit a disciplined execution, especially in the delivery of complex projects requiring cooperation across business units.
• Technical expertise is well-balanced by a customer mindset and an appetite to deliver a great customer experience beyond just the technical elements of the offering.
• Contribute to the process of negotiating objective and realistic service level agreements, monitor appropriateness and recommend adjustments.
• Deliver on service level agreements made with clients and internal and external stakeholders in order to ensure that client expectations are managed.
• Gather, collate and co-ordinate feedback from clients and make recommendations to improve client service and fair treatment of clients within area of responsibility, and coordinating client/partner training where required.
• Make recommendations to improve CVP
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service

PEOPLE

• End to end ownership of the Structured Solutions business for Momentum Corporate and the Group.
• Managing a team of actuarial and other specialists to drive product development and management.
• Create a positive work climate and culture to energise employees, give meaning to work, minimise work disruption and maximise employee productivity.
• Demonstrate exemplary leadership behaviour, through personal involvement, commitment and dedication in support of organisational values.
• Select and recruit suitably qualified talent in line with Employment Equity principles and MMH values
• Drive a culture that guides and directs best practice, fostering an environment of continuous learning, improvement and cohesiveness.
• Enable a learning and growth culture whereby information regarding successes, issues, trends and ideas are actively shared between team members.
• Communicate well to different levels of audience and expertise in both written and verbal communication.
• Execute effective workforce planning practices to ensure that staffing requirements are accurately forecasted
• Identify employee growth and development needs and schedule interventions to enable ongoing development, training and personal growth.
• Effectively manage performance within the team in order to ensure business objectives are achieved
• Encourage innovation, change agility and collaboration within the team

FINANCE

• Drive the achievement of sales targets across products and market channels to achieve set strategic financial goals.
• Ensure that the functional strategy is adequately budgeted for through the development and implementation of a fit for purpose budget.
• Drive the development and implementation of governance, compliance, integrity and ethics frameworks throughout the functional area.
• Influence the consolidation of the risk profile for own functional area, manage critical risks and ensure resolution feedback to all parties.
• Influence the implementation of effective financial control, management of costs and corporate governance in functional area of accountability.
• Monitor legislative and regulatory changes and drive the alignment of own function's operating model

Competencies    

• Business Acumen and Strategic Thinker.
• Customer/ Stakeholder Commitment.
• Drive for Results.
• Impact and Influence
• Self-Awareness and Insight.

Closing Date    
2023/05/15

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Role Purpose    

• Developing automated solutions for operational aspects such as on-call monitoring, disaster response, while complementing continuously delivery and infrastructure automation. Further, responsible for availability, latency, performance, efficiency, change management, monitoring and emergency response.

Requirements    

• Relevant 3-year IT qualification or equivalent
• LPI certification
• 1+ years optional experience as a Developer, Tester or System Administrator
• 5+ years experience in a DevOps environment
• Insurance industry experience (desirable)
• Agile software development practices and tools (Atlassian, JIRA)
• Proficient with technologies used within the business (MMI-specific list)
• Minimum 1 object-oriented and 1 scripting language (PowerShell, Bash, Python)
• Linux / Unix experience
• Online version control systems (Subversion, GitHub, Bitbucket)
• Java application build processes and tools (CI/CD, including Ant, Gradle, Jenkins, and Artifactory)
• Monitoring and alerting tools (Alerta, Selenium, Prometheus, InfluxDB, Elastic Stackt, cloudwatch, cloudtrail, xray)
• Configuration management and containerisation tools (Terraform, Chef, Puppet, Salt, Ansible, Docker, Mesos or similar technologies)
• Cloud server environment administration (Amazon Web Services)
• Common data stores, both relational and NoSQL
• Knowledge of IPv4 networking, web protocols and Linux/Unix systems
• Knowledge and experience in microservices or service-oriented architectures (SOA and REST)

Duties & Responsibilities    

• Responsible for the automation, enablement, availability, performance, monitoring, and incident response, among other things, of the platforms and services that our company runs and owns.
• Continuously improve observability to ensure the uptime and reliability of our applications and infrastructure.
• Comfort with frequent, incremental code testing and deployment.
• Working closely with architects and developers.
• Collaborating with the relevant developer to report, troubleshoot, and repair operational issues and performing and automating software deployments.
• Create / use infrastructure for implementing, administering cloud services and deployments.
• Monitor infrastructure and services to maximise uptime.
• Troubleshoot and help to resolve production issues to ensure systems and devices run smoothly.
• Identify ideas to improve system performance, best practises, cost effectiveness of services and impact availability.
• Work with DevOps Manager and team members to develop accurate work estimates on work packages.
• Liaise with foundation, database and platform Subject Matter Experts to automate installations and enhance the monitoring and maintenance of their disciplines.
• Build and maintain relationships with clients and internal and external stakeholders.
• Deliver on service level agreements made with clients and internal and external stakeholders in order to ensure that client expectations are managed.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
• Develop and maintain productive and collaborative working relationships with peers and stakeholders.
• Positively influence and participate in change initiatives.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.
• Take ownership for driving career development.
• Contribute to the financial planning process within area.
• Identify opportunities to enhance cost effectiveness and increase operational efficiency.
• Manage financial and other company resources under your control with due respect.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum.

Competencies    

• Communication skills
• Problem-solving skills
• Interpersonal skills
• Critical thinking
• Business acumen
• Planning and Organising

Closing Date    
2023/05/12