Jobs at Momentum

Overseeing the PDS Product Management team for Legacy Solutions at MMH Head Office in Centurion. This will involve prioritising work and providing guidance, technical support and management of their team members.

• Overseeing the team's main focuses which are:
• The product management (i.e. multi-faceted functioning of the product to meet priced objectives and client outcomes) of all the legacy products housed on the PDS system by adequately balancing the objectives of the different stakeholders and by taking into account changing client and market needs;
• Profitability management of legacy products on PDS;
• Identify system errors, propose the most appropriate way to fix these and ensure the successful implementation;
• Ensure that clients are treated fairly through product design, communication and advice, and address any areas where improvement in this respect is required;
• Consolidation of legacy products where appropriate;
• Extraction of maximum value of legacy products on PDS through various reinsurance optimisation and other initiatives.
• (Co-)create the appropriate product enhancements/changes to be made on PDS legacy products together with other product specialists and segment managers:
• Propose the appropriate enhancements/changes to existing PDS policies;
• Model the effect on profitability of these enhancements/changes;
• Monitor the experience of important actuarial basis items (e.g. mortality, morbidity, persistency) and propose and/or implement rectifying actions where appropriate;
• Analysis of earnings and other financial metrics against budget, strategic plan or pricing.
• Providing the business requirements and supporting the implementation of:
• Improving client value;
• Enhancing early termination values where appropriate;
• Understanding maturity and death guarantees;
• Smooth bonus rate updates;
• Monitoring unit prices and ensure that errors are fixed and dealt with appropriately from a communication perspective;
• Legal and compliance requirements;
• Management of contractual obligation of PDS legacy products e.g. fee reviews;
• Product, process and data improvements.
• Documenting and reviewing all existing product bases.
• Providing support to the service areas in terms of product content.
• Managing own performance and development.
• Ensuring effective and consistent service delivery and support to both internal and external clients
• Managing the team effectively towards the outcome of high performance output, as per the MMH and Legacy people principles and policies

Competencies required

• Management skills
• Excellent verbal and written communication skills
• Strong interpersonal skills
• Delivering results and meeting expectations
• Coping with pressure and setbacks
• Adhering to principles and values
• Analytical thinking
• Self-motivated
• Achievement orientation
• Client service orientation

Experience and Qualifications

• Matric/Grade 12;
• A fully qualified actuary;
• The following experience is essential:
• Extensive experience in the (individual) Life Insurance industry
• At least 5 years’ experience in specifically the Product Management or Product Development areas of Life insurance,
• Previous experience with legacy products is highly advantageous,
• At least 2 years’ experience in team management.

go to method of application »

Broker Consultants are committed, driven, results oriented administrators who are able to work on their own as well as in a team environment writing business via broker channel in accordance with targets laid down by Momentum Insurance.

Broker Consultants provide service to brokers in respect of motor and household domestic insurance.

Responsibilities and work outputs

• Providing quotations for broker and intermediaries within agreed service level agreements. Quoting at least 100 quotes per month.
• Achieve monthly contracted Financial Targets.
• Grow existing Broker Book and have a pro-active Broker Contact Plan for visitations and engagements.
• Assist brokers with factual information to assist them in providing quotations for their prospective clients. Follow up on outstanding information immediately.
• Once a quote has been provided to the broker, follow up with broker if policy has been accepted as per Service Charter or SLA.
• If quotation is accepted, provide a prepopulated proposal form and advise documentation required.
• Obtain completed proposal form and documentation required from the broker or intermediary.
• Check that documentation and forms received are correct and forward to pre-gatekeeping.
• Complete daily report on quotations done and policies accepted, to monitor activity and conversion rate.
• Keep up to date and fully informed on product comparisons with opposition products

Competencies required

• Technical Retail Acumen
• Retail Sales Skills
• Risk awareness
• Cross selling

Experience and Qualifications

• Matric/Grade 12
• FAIS Credits (min 30 credits in short term insurance if date of first appointment is before 2010); or if date of first appointment is on or after 01/01/2010, a full recognised qualification as per the FSCA qualification list
• FAIS Regulatory examination for Representatives (RE5)
• 12 CPD (continuous professional development) points
• Minimum of 3 years' experience in selling short term insurance either as a broker agent or tied agent
• All required regulatory exams and accreditation
• Candidate must have his own transport (CAR) and license

We're looking for someone with

• Extensive knowledge of the Short-Term Insurance Industry
• Thorough understanding of the short-term insurance industry and products
• Thorough understanding of business principles
• Interpersonal Skills
• Ability to handle conflict
• Negotiation skills
• Problem solving skills
• Risk Assessment and analysis
• Insurance Principles and practice
• Customer and Personal Service
• Clerical and administrative procedures
• Be professional at all times with prospects, clients and other MI stakeholders
• Presentation skills, both 1:1 and to groups
• Ability to present professionally
• Sales skills
• Prospecting skills

go to method of application »

Broker Consultants are committed, driven, results oriented administrators who are able to work on their own as well as in a team environment writing business via broker channel in accordance with targets laid down by Momentum Insurance.

Broker Consultants provide service to brokers in respect of motor and household domestic insurance.

Responsibilities and work outputs

• Providing quotations for broker and intermediaries within agreed service level agreements. Quoting at least 100 quotes per month.
• Achieve monthly contracted Financial Targets.
• Grow existing Broker Book and have a pro-active Broker Contact Plan for visitations and engagements.
• Assist brokers with factual information to assist them in providing quotations for their prospective clients. Follow up on outstanding information immediately.
• Once a quote has been provided to the broker, follow up with broker if policy has been accepted as per Service Charter or SLA.
• If quotation is accepted, provide a prepopulated proposal form and advise documentation required.
• Obtain completed proposal form and documentation required from the broker or intermediary.
• Check that documentation and forms received are correct and forward to pre-gatekeeping.
• Complete daily report on quotations done and policies accepted, to monitor activity and conversion rate.
• Keep up to date and fully informed on product comparisons with opposition products

Competencies required

• Technical Retail Acumen
• Retail Sales Skills
• Risk awareness
• Cross selling

Experience and Qualifications

• Matric/Grade 12
• FAIS Credits (min 30 credits in short term insurance if date of first appointment is before 2010); or if date of first appointment is on or after 01/01/2010, a full recognised qualification as per the FSCA qualification list
• FAIS Regulatory examination for Representatives (RE5)
• 12 CPD (continuous professional development) points
• Minimum of 3 years' experience in selling short term insurance either as a broker agent or tied agent
• All required regulatory exams and accreditation
• Candidate must have his own transport (CAR) and license

We're looking for someone with

• Extensive knowledge of the Short-Term Insurance Industry
• Thorough understanding of the short-term insurance industry and products
• Thorough understanding of business principles
• Interpersonal Skills
• Ability to handle conflict
• Negotiation skills
• Problem solving skills
• Risk Assessment and analysis
• Insurance Principles and practice
• Customer and Personal Service
• Clerical and administrative procedures
• Be professional at all times with prospects, clients and other MI stakeholders
• Presentation skills, both 1:1 and to groups
• Ability to present professionally
• Sales skills
• Prospecting skills

go to method of application »

For this role we are looking for a direct sales, new Business Development Consultant to grow our Envoy client base (high-net worth individuals) and advise primarily on motor and household domestic insurance.

We are looking for Business Development Consultants who are committed, driven, results oriented advisers who are able to work independently as well as in a team environment writing business in accordance with targets laid down by Momentum Insurance (MI).

Responsibilities and work outputs

• Source sufficient lead generating opportunities to ensure 10 client quotes per week and 40 per month minimum
• Minimum requirement of 9 written policies per month
• Maintain and update your Lead Generation Matrix on a weekly basis
• Once a quote is requested the consultant must contact client in order to conduct a proper needs analysis and offer professional advice
• Sign up a minimum of 5 active lead referral agents
• Complete weekly reports that reflect leads, quotes and sales as well as the source of the leads, average premium, total premium and any other pertinent information which may be required from time to time
• Keep up to date and fully informed on product comparisons with opposition products
• Stay abreast of MI (Momentum Insurance) product changes and enhancements
• Be compliant in all activities in accordance with regulations and standards of all Insurance regulations and professional guidelines and ethics
• Maintain appropriate skills and knowledge in order to provide specialist, professional advice in all relevant
• business areas
• Maintain the required dress code and professional appearance

Competencies

• Technical Retail Acumen
• Retail Sales Skills and prospecting
• Risk awareness
• Cross selling

Qualifications

• Matric/Grade 12

All required regulatory exams and accreditation

• FAIS Credits (min 30 credits in short term insurance if date of first appointment is before 2010);or if date of first appointment is on or after 01/01/2010, a full recognised qualification as per the FSCA qualification list.
• FAIS Regulatory examination for Representatives (RE5)
• 12 CPD (continuous professional development) points

Experience

• Minimum of 3 years' experience in selling short term insurance either as a broker agent or tied agent or Call centre agent with a minimum of 5 years' experience.
• Minimum of 2 years experience sourcing and looking after a high-net worth client base
• Six month's proof of commission earnings
• Candidate must have his own transport (CAR) and licence

We're looking for someone with

• Extensive understanding of the short term insurance industry and products
• Thorough understanding of business principles
• Interpersonal Skills
• Ability to handle conflict
• Negotiation skills
• Problem solving skills
• Risk Assessment and analysis
• Insurance Principles and practice
• Customer and Personal Service
• Clerical and administrative procedures
• Be professional at all times with prospects, clients and other AF stakeholders
• Presentation skills, both 1:1 and to groups
• Ability to present professionally
• Prospecting skills

go to method of application »

Java Development Manager role lies in our Short-term Insurance CoE and will manage and guide a team of developers in their day-to-day activities in an efficient and professional manner, ensuring all team targets are met.

Responsibilities and work outputs

INTERNAL PROCESS

• Analyse and solve problems identified by the business and stakeholders through the coordination of the development team
• Manage, monitor and control the analysis, design, implementation and execution of software development within the development team
• Extend and maintain existing and new software systems and services according to business needs.
• Continuously improve code quality, system design and processes
• Collaborate with the business to understand and implement complex requirements according to their needs
• Communicate with a broader team that includes analysts, engineers and quality assurance testers in order to coordinate and document development and testing
• Review and quality assure deliverables in order to ensure quality standards are upheld
• Manage the development schedule and monitor, measure, control and report on development progress including the quality status and unit testing results
• Ensure the development environment is suitable before development begins and is managed during the software development life cycle (SDLC)
• Represent the development team in management, business and inter-team meetings, such as Change Advisory Board (CAB)
• Collaborator between operations team and development team
• Be actively involved during high priority operational issues

CLIENT

• Provide authoritative expertise and advice to clients and stakeholders
• Build and maintain collaborative, professional relationships with clients and stakeholders
• Deliver on service level agreements made with clients and stakeholders in order to ensure that expectations are managed
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service

PEOPLE

• 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
• Assist with recruiting suitably qualified talent in line with Employment Equity principles and Momentum Metropolitan 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
• Assist in 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

• Contribute to the development of area specific budgets to minimise expenditure, in alignment with operational plans
• Identify solutions to enhance cost effectiveness and increase operational efficiency
• Implement and provide input into governance processes, systems and legislation within area of specialisation
• Escalate unresolved policy and governance compliance issues via appropriate channels for investigation and resolution purposes
• Provide input into the risk identification processes development and communicate recommendations in the appropriate forum Competencies required
• Knowledge of the software development life cycle (SDLC)
• Knowledge of relevant systems and products
• Communication skills
• Planning and organising skills
• Interpersonal skills
• Problem-solving skills
• Analytical skills
• People management skills
• Providing Insights
• Making Decisions
• Directing People
• Team Working
• Meeting Timescales
• Managing Tasks
• Taking Action
• Pursuing Goals

Experience and Qualifications

• 5-7 years' Senior Development experience
• 5 years' management experience
• Relevant IT qualification
• Relevant post graduate IT qualification

Location

• The above-mentioned position is currently available at our office in Centurion.