Job Vacancies at Guardrisk

Role Purpose    

• Perform reserving calculations and regulatory capital reporting and assist with capital management and regulatory compliance for Guardrisk Life Limited.

Requirements    

• Bachelor’s degree in actuarial science
• Making good progress towards qualification as Fellow
• At least 3-6 years working experience, preferably in life insurance
• Experience in information technology (Prophet, DCS and SQL experience will be an advantage), with a willingness to learn more
• Experience in life valuations and SAM reporting will be an advantage

Duties & Responsibilities    

• Responsibilities balance of South African and Mauritian life cell clients
• Maintain allocated cell client models calculating IFRS4 and IFRS17 reserves
• Maintain allocated cell client models for SAM SCR and Technical Provisions
• Participate in the ORSA process for allocated clients
• Direct client engagement on balance sheet management matters
• Assist in regulatory return preparation and dealing with queries
• Internal and external stakeholder engagement on accountable areas
• Contribute to BSM Life software and process automation
• Contribute to IFRS17 implementation as part of multi-disciplinary project team
• Provide guidance and thought leadership within specialist team

Competencies    

• You must love a challenge!
• Ability to work accurately under pressure
• Quick learner and self-starter
• Good written and verbal communication skills
• Collaborative attitude with interpersonal skills

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Role Purpose    

• You will play an integral part at Guardrisk Life, working in a unique environment along with our clients and internal teams to review new or changing products. This role includes product development work on a variety of products, as well as working on multiple other facets of the solutions, working with clients, structuring of deals and solving interesting problems in the business.

Requirements    

• Bachelor's degree in Actuarial Science, Mathematics, Statistics or related field
• Candidate must be making good progress with their actuarial exams
• At least 3 years’ life insurance working experience
• Product development and pricing experience will be an advantage

Duties & Responsibilities    

• Assist with the development and design of new group and individual life products 
• Assist with reviewing new and existing products in line with any regulatory and professional guidelines
• Assist with the review and redesign of existing group and individual life products for existing clients 
• Engage clients,reinsurers and internal stakeholders on technical matters 

Competencies    

• Analytical thinking
• Innovative
• Collaborative
• Able to network with various stakeholders
• Excellent written and verbal communication skills
• Organised person with interpersonal skills
• Comfortable with different actuarial techniques
• Quick learner and self-starter
• Ability to adapt to change
• Thinking laterally to solve complex problems
• Ability to work accurately under pressure and meet deadlines

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Role Purpose    

• To market Guardrisk’s Life products and services to existing and prospective clients and to provide after-sales service to existing clients.

Requirements    

• Matric
• Relevant tertiary degree and/or Insurance qualification. (Marketing team consists of individuals with various technical skills such as actuaries, attorneys, accountants.)
• Candidate will be required to obtain an RE5 designation
• At least 2 - 4 years’ experience in the insurance and financial services industries
• Technical life insurance knowledge with strong people skills to negotiate optimal solutions with various stakeholders

Duties & Responsibilities    

• Marketing Guardrisk Life to prospective new clients
• Managing third-party cell captives, where products include amongst others funeral (individual and group), individual life and disability, credit life and investment products. The responsibilities include
• Ensuring effective management of various stakeholders in the insurance value chain (cell owners, binder holders, intermediaries, consultants, reinsurers, administrators)
• Reviewing cells’ financials and managing revenue streams
• Facilitating reinsurance renewals via the reinsurance department
• Ensuring compliance with market conduct standards and relevant legislative requirements
• Ensuring that legal contracting is correct, up to date and in place
• Tending to client queries
• Marketing and cross selling of Guardrisk Life’s products and services to existing clients
• Assisting clients with product development for third-party risks
• Setting up internal processes for each client with all relevant internal technical areas such as finance, actuarial, underwriting, legal, risk, compliance
• Contribute to the enhancement and improvement of existing internal processes
• Keeping up to date with legislation and regulation in the life insurance market
• Network on industry matters to facilitate knowledge share and input to clients on their insurance businesses

Competencies    

• Well-developed people skills
• Ability to liaise with different stakeholders
• Excellent verbal and written communication skills
• Negotiation skills
• Critical thinking skills
• Business acumen

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Role Purpose    

• Set, prioritise and evaluate the work generated by business product owners and development teams, ensuring the delivery of high-quality products meeting all necessary business outcomes, requirements, features and functionality required by the business for the Cell Captive Platform and related solutions, data acquisition and usage of said data in the Guardrisk Group.

Requirements    

• Relevant qualification in  Computer Science, Information Technology, Industrial Engineering, or related area (essential)
• Relevant progression certificates (such as Agile/LEAN) Scrum Certified Product Owner (desirable)
• At least 2 years' relevant experience as a Product Owner or Product Consultant (essential)
• At least 5 years' relevant experience as a Senior Developer, Project Manager, Business Analyst, Development Manager or Agile Coach (essential)
• At least 6 - 8 years’ domain knowledge in Insurance (Short Term / Life / Microinsurance / Health Insurance) (essential)
• Experience of managing projects, BAU work and product road map prioritisation (essential)
• Exposure to diverse IT solution implementation in a variety of environments (desirable)
• Experience in cell captive solutions, CRM solutions, broker portal solutions, BPM/workflow solutions,business process/strategy analysis, solid business acumen/skills and SME stakeholder management/commitment between business and solutions
• Knowledge of client experience and client lifecycle management
• Exposure to defining minimum viable products (MVPs)
• Knowledge of standard software development roles and responsibilities
• Knowledge and experience of working with Agile delivery methods
• Knowledge of requirements capturing and specification techniques
• Knowledge of conducting user research and working with teams to develop wireframes and specifications for new product features
• Knowledge of project management including product-based planning techniques, business case creation and maintenance, and risk management
• Experience of managing multiple feature development in one backlog
• Experience in scheduling functional and non-functional requirements
• Understanding of end-to-end product management principles

Duties & Responsibilities    

• Responsible for the full product life cycle and road map of end-to-end products including visibility, finance, marketing and enhancement of product value proposition within the Guardrisk Cell Captive businesses
• Align development teams priorities according to business outcomes and requirements based on the business strategy and priorities.
• Ensuring the business strategy and business outcomes are translated to tangible deliverables, compiling a product backlog in agreement with business
• Actively manages and prioritises the product backlog, ensure the product backlog is visible and clear to all parties. Show the Agile Delivery Teams what is next
• Focus on "the search for a better way(vision)” in the digitization journey of the Guardrisk Cell Captive businesses, working closely with all key stakeholders
• Be a knowledge leader with regards to the product, keeping abreast  with  market,  practices  and  client trends
• Take accountability for the Business Capabilities, User Experience and Technology solutions for the Cell Captive businesses in consultation with the Cell Captive businesses and the Ecosystem of Solutions providers
• Work closely with the CIO, COO, Business Solutions Architect, Business Product owners and the Enterprise Solutions Architect to ensure alignment and design for the future of a digital Cell Captive business is achieved
• Ensure the business have a clear understanding of the governance frameworks within which we deliver as part of a regulated insurer and a business unit of Momentum Metropolitan Group
• Facilitates the relationship between Business and the Agile Delivery Teams delivering the solutions in the Cell Captive businesses
• Where appropriate align the project approach to achieve business outcomes, this might require deviating from the Agile approach
• Supports the Agile Delivery Teams in delivering value, working closely with Scrum Masters in delivering agreed Sprint Goals
• Contributes to the vision and roadmap required by the businesses
• Become the de facto voice of the Cell Captive Businesses on delivery
• Work closely with the CIO and COO to ensure capacity is right for optimal development velocity
• Stay abreast of modern technology solutions available
• Reporting to stakeholders and relevant committees as defined. Project progress and status reporting

Competencies    

• Business Acumen
• Strategic Thinking
• Systems/Solutions Thinking
• Influencing and Persuading
• Prioritisation
• Drive for Results
• Motivating and Inspiring teams
• Collaboration
• Impact and Influence
• Self-Awareness and Insight
• Diversity and Inclusiveness

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Role Purpose    

• Accurately control and process financial information for an investment portfolio. Prepare financial reports and analysis to enable business processes.

Requirements    

• Degree in Financial Management or Accounting
• Honours Degree in Financial Management or Accounting or Investments (preferred)
• Completed accounting articles (preferred)
• At least 3 years’ experience in investment accounting

Duties & Responsibilities    

• Management of the Investment Accounting function for the Guardrisk Insurance Company Limited, Guardrisk Life Limited and Guardrisk Microinsurance Limited investment portfolios, including Unitised and dedicated investments for cell captive & contingency policy clients
• Accurately, efficiently and timely capturing and reporting of investment related transactions of all investment portfolios
• Review and /or prepare investment related payment documents and obtain the necessary source documentation and authorisation to effect payments timely and with the determined service level agreement levels
• Review and approve the general ledger journal allocations based on levels of authority and policy
• Review all documentation to ensure that the correct level of authority has authorised the document and raise any exceptions with the relevant stakeholder
• Preparation of investment and disinvestment instructions authorised according to the sub delegation of authority,
• Completion of asset manager FICA documentation and safekeeping of confidential information
• Prepare and review investment transactions and reporting of each investment portfolio
• Compile and prepare monthly, quarterly and year end investment and interest reconciliations including completion of the monthly cashbook reconciliations 
• Compile quarterly asset allocation report for submission to the Reserve Bank and asset spreading recons to be used by the balance sheet management department
• Completion of the new instrument data reconciliations to be included in the Group sector tree instrument allocation report
• Identify and report respective investment accounting or reporting issues
• Investigate and resolve any outstanding queries in relation to investment accounting issues
• Portfolio support and management/servicing by working closely with the portfolio accountants, portfolio manager and other colleagues
• Identify and resolve problem sources or escalate to relevant level of authority
• Special Projects relating to Investments assigned within the group
• Meeting company, investment and client accounting, payment and reporting deadlines
• Contribute to the enhancement of the investment systems and processes issues in order to enhance financial management
• 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
• Identify and reconcile discrepancies and problems
• Build and maintain relationships with asset managers, clients as well as internal and external stakeholders
• Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service within the organisation
• Prepare and provide necessary documentation to complete timely audit both for client and Guardrisk
• Provide authoritative, expertise and advice to clients and stakeholders including asset managers
• Build and maintain relationships with asset managers, clients and internal and external stakeholders
• Deliver on service level agreements made with internal and external asset managers, stakeholders and clients
• Make recommendations to improvement client service within area of responsibility
• 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 budgeting process and provide the relevant reports and analysis to support the process
• Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy
• Identify solutions to enhance cost effectiveness and increase operational efficiency
• Implement and manage financial risk methodologies, techniques and systems and use to monitor and report on financial activities
• Implement and provide feedback on the effectiveness of financial policy, practice and procedures preventing illegal, unethical or improper conduct
• Investigate reported wilful acts of non-compliance to organisation policy and practice and report on findings

Competencies    

• Business acumen 
• Analytical 
• Collaborative 
• Innovative