Vacancies Open at Momentum Metropolitan Holdings Limited

Requirements

• Tertiary qualification (Degree/Diploma/NQF 5 or 6)
• RE Exams/ KI representative
• Supplementary courses relative to Marine and Contract Law
• At least 10 years of multidimensional marine insurance experience within the insurance industry
• At least 5 years of corporate managerial experience at a senior management level
• Knowledge of the financial services, particularly insurance industry and regulatory and technical requirements
• Knowledge of Trade, Incoterms, Current Affairs
• Knowledge of Reinsurance structures

Duties & Responsibilities

• Designs and implements strategies based on in-depth knowledge of customers and clients, changing industry trends and the legislative and economic framework
• Addresses complex budgeting and financial management issues
• Developing strategic plans in conjunction with GGI Head and ensuring implementation of strategy in wider Guardrisk group
• Full accountability for integration of business in to Guardrisk/ MMI environment
• Setting and reviewing budgets in conjunction with GGI Head and managing cost throughout the business
• Play a significant role in long-term planning, including an initiative geared toward operational excellence
• Consults and collaborates extensively and involves executive and key stakeholders (internal and external) where required
• Ability to analyse financial and operational data in order to sufficiently accept and price insurance risks sustainably
• Involvement and oversight on all large corporate accounts and special new business projects
• Overall responsibility for a team of underwriters, claims and admin staff and full accountability for this team
• Responsibility for Reinsurance placement and communication with Reinsurers in order to ensure all risks are adequately reinsured
• Ability to understand and underwrite very complex and significantly valued Marine accounts
• Strong marketing capabilities and broker relationships in order to grow the Marine business
• Build and maintain a cohesive relationship between shareholders and the board in order to ensure alignment between MMI, Guardrisk and Marine
• Contribute to sustaining a competitive edge through innovative evolvement of products, systems, external networking and benchmarking
• Define fair and innovative client service practices which build rewarding relationships and allows team to provide exceptional client experience
• Engage with key internal and external stakeholders to identify changing client needs and make recommendations to align service offering with client needs
• Develop client service level agreements and standards in order to ensure clients receive clear and accurate information and are always kept informed
• Drive efforts to improve client service and embed fair treatment of clients within area of responsibility taking into consideration at all time the various Regulations and Acts that govern our industry
• Promote, adopt and abide by the principles of TCF
• Improve the operational systems, processes and policies in support of organizations mission specifically, support better management reporting, information flow and management, business process and organizational planning
• accountability for accounting reporting, RI reporting and claims management in the business
• responsibility for market conduct requirements such as TCF, POPI and other compliance matters in the business
• responsibility for risk management in the business
• Create a positive work environment and culture that encourages employees to self-develop and add value not only to themselves but to the business, 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 MMI 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
• 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
• Humanity in leadership both internal and external
• Oversee overall financial management, planning, systems and controls
• Consult with GGI Head on budgeting requirements and expenditure
• Controlling finance and ensuring budgets are maintained and forecasts are met
• Identify solutions to enhance cost effectiveness and increase operational efficiency
• Drives the identification and implementation of partnerships and other avenues to achieve financial savings and improved service delivery

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Requirements

Qualifications

• Grade 12 or equivalent qualification (Essential)
• Relevant qualification (Desirable)

Knowledge

• Knowledge of the project management lifecycle, from conception to close-out (essential)
• Microsoft Office (essential)
• Knowledge of relevant project management software and tools (desirable)
• Knowledge of agile methodology (desirable)

Experience

• 2 - 4 years’ relevant experience (essential)

Skills

• Planning and organising skills
• Microsoft Office suite
• Conflict management skills
• Reporting skills
• Problem-solving skills
• Interpersonal skills
• Duties & Responsibilities
• Assist the manager and stakeholders in the development of project management documents such as scope statements, project schedules, project plans and project budgets.
• Schedule and coordinate project meetings, workshops and agendas.
• Assign tasks to team members and help them understand what is expected from them in terms of project milestones and deliverables.
• Write and distribute minutes for project meetings and workshops and follow up on actions.
• Maintain, monitor and reconcile project plans, resource schedules, work hours, budgets and expenditures.
• Organise, maintain, and update accurate project-related metrics, dashboards and reports.
• Maintain and update all project-related data and organise effectively to enable analysis by manager and stakeholders.
• Coordinate all components related to project events and functions within budget and business requirements.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum.
• Contribute to, and coordinate, the project close out and the assessment of project effectiveness to make recommendations to improve project impact.

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Requirements

• Only South African citizens are eligible to apply
• Applicants must hold a degree in either finance/ BSC/accounting/legal /risk/compliance
• Applicants must be currently unemployed
• Applicants must have not participated in an internship before

Additional Information

• Please attach a copy of your qualification and academic results Please note that we will not accept any emailed applications, all applications should be submitted online. If you require any further information, please contact the recruiter. You can expect feedback on your application within 4-6 weeks of the closing date.

Duties & Responsibilities

• What is an Internship? An Internship is a structured programme that provides an opportunity for you to gain theoretical knowledge and practical experience in the workplace.
• Being a part of our Internship opens you up to career paths such as Finance, Accounting, Risk or Claims.
• Although completion of the Internship does not guarantee full time employment, it allows invaluable experience for you to kick-start your career! Should you be successful, you will be employed for a period of twelve (12) months, with a monthly stipend of R6 500.