Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job DescriptionResponsible and accountable for the SIL Personal Lines product offering in respect of
Leadership: To provide strategic, operational, and tactical leadership in growing income and profitability of the allocated Personal lines Portfolio
3rd Party Portfolio strategy formulation and execution to drive growth and profitability
Product Cycle Management: End-to-end product cycle management
Oversight of Underwriting Governance and profitability management
Strategic and operational stakeholder engagements
Channel management and oversight (internal broker/bank and 3rd party channels/partnerships) including business process oversight of mandated 3rd parties (binder and outsourced functions)
Providing input into SIL reinsurance renewal planning and preparations
Type of Qualification: First Degree
Field of Study: Business Certification :An Insurance qualification accreditation (AIISA/ACII/FIISA/FCII)
Fais Compliant: KI Readiness Requirements (Must be ready to be appointed a KI if needed)
Experience Required
Minimum 5 years experience in a similar managerial role in the short-term insurance industry (specifically in product management with exposure to prior experience in the above key responsibilities) Knowledge of short-term insurance, especially Personal Lines products
Knowledge of regulatory, and compliance requirements for short-term insurance
Knowledge of short-term insurance value chain and related ecosystems.
General knowledge of the economic environment.
Behavioural Competencies:
- Strategic thinking.
- Assertiveness and problem solving
- Negotiation
- Stakeholder management
- Results-orientated.
- Excellent communication skills.
Technical Competencies:
- Strategic and operational /tactical leadership skills.
- Analytical
- Technical Underwriting skills (including product development).
- Negotiation skills.
- People management skills.
Top Skills
What We Do
As a brand with a legacy of 161 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents. Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa. With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry. Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner. As a trusted partner, we consistently set higher standards and aspire to become better with each endeavour. We are more than just a banking institution; we are a driving force behind Africa's growth. Join us on this transformative journey. Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.
