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  • Posted: Jul 2, 2024
    Deadline: Not specified
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    Santam Limited is the largest short-term insurer in South Africa, with a market share in excess of 22%, providing short-term insurance products through broker networks and direct sales channels. The company was established in 1918 and offers personal, commercial, and corporate insurance solutions. Santam is a subsidiary of Sanlam Limited and has been listed ...
    Read more about this company

     

    Team Manager: Digital Distribution

    What will make you successful in this role?

    Key responsibilities include:

    Strategy:

    • Assist in formulating, implementing and co-ordinating the strategy to drive usage of SHA’s digital platform.
    • Implementation measures to reduce traditional underwriter/broker interaction off-platform
    • Improvement of turnaround times on renewal and new business (internal)
    • Develop and implement new product solutions for the target base using SHA’s pocket underwriter.
    • Responsible for both top-line growth in line with budget as well as Net Underwriting Result of your relevant business area.
    • Assist in and run strategic projects within our business area. 
    • Provide detailed analysis and reporting on the Underwriting performance of your relevant business area.
    • Actively seek ways to keep competitive advantage in the market.
    • Provide feedback on market intelligence.
    • Co-ordinate and proactively search for new strategic partnerships to scale our SME business across different product lines. 

    Budget:

    • Assist Business/Underwriting Head in preparing a budget for the relevant business area that is in line with the overall company strategy for growth and financial sustainability.
    • Adhere to the budget set and approved by heads of business through the generation of income and the control of expenses.
    • Effective management of the business unit’s budget and its resources. Detailed understanding of the financial drivers of a business is key.

    People Management:

    • Day-to-day management of staff on underwriting/marketing and administrative related issues.
    • Performance management of staff through appropriate application and implementation of company policies and procedures. 
    • Training and Development of staff so that they may reach their full potential.
    • Contribute to, encourage and ensure teamwork in order to promote a healthy and engaged workforce.

    Marketing / Relationship Building:

    • Drive visits between team and brokers to establish new relationships and maintain existing broker network.
    • Assist brokers in adopting SHA’s digital tools via group training and presentations. 
    • Write articles and conduct media interviews on SHA’s digital strategy
    • Drive use of the Pocket Underwriter for new and targeted brokers to generate their own quotes and policy documents on renewal business.
    • Ability to think strategically and create new opportunities, as well as the operational understanding to ensure delivery on those opportunities to the benefit of SHA and the wider Santam group.
    • Set and drive a high performance culture.

    Internal Communication and General Admin:

    • Assist Business Head with Quarterly Business Reports
    • Provide monthly feedback to Underwriting Head on:
    • Income generated per broker on platform vs off-platform
    • General feedback from market on quotes both competitiveness and SHA response time
    • Awareness of insurance markets development and changes 
    • Design and produce reports to monitor movement of business and trends in broker usage of platform.
    • Manage credit control if and when required.
    • Build strategic and operational alliances with business units within SHA and the wider Santam group.

    Qualifications & Experience

    • 5+ years of Commercial Insurance experience (broking or underwriting)
    • RE 
    • Matric
    • NQF Level 5 Insurance Qualification
    • Appropriate tertiary qualification a preference
    • FAIS compliant

    Skills & Competencies

    • Excellent Interpersonal skills
    • Building and maintenance of key business relationships
    • Systemic Thinking
    • Self starting
    • Ability to cope in high pressure environment
    • Lateral thinking and problem solving relating to PU system
    • Great presentation skills
    • Results driven
    • Project Management skills
    • Understanding of Insurance system
    • Administrative skills
    • Analysis and judgement
    • Attention to detail
    • Client orientation 
    • Communication Skills including negotiation
    • Initiative
    • Leadership
    • Strategic thinking
    • Planning and budgeting
    • Teamwork
       


     

    Method of Application

    Interested and qualified? Go to Santam Insurance on careers.sanlamcloud.co.za to apply

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