Department Description
The Group Risk business development team is responsible for the profitable growth of the group risk reassurance business by nurturing and developing existing and new markets and client relationships, expanding MRoA Life footprint and market reach. One of the main strategic programs to increase profitable growth is the development, roll out and maintenance of GLUW (Group Life Underwriting Workspace MRoAs online group risk quotation tool), which is the specific focus of this role. You will report in to the Head of New Business Development.
Your Job:
- Aim to acquire profitable Group Risk reassurance business which adds to the bottom line of MRoA Life, value of new business and embedded value
- Help develop and drive the MRoA Group Risk client strategy with specific focus on GLUW
- Project manage the further development and roll out of GLUW. The partners include: Product and Pricing, IT developers, GLUW product owner, Munich Re regional IT, Head of Digital, Group Risk business development, Risk Management, Legal and Compliance, Clients etc.
- Ensure all specifications for GLUW new build and enhancements are clearly defined for development
- Specifically focusing on clients using or in the process of implementing GLUW:
- Build collaborative and sustainable relationships
- Responsible for client roll out of GLUW (and any additional future requirements/maintenance) pro-actively, taking responsibility for deliverables.
- Responsible for quotation authority and other parameterisation of GLUW for specific client
- Responsible to deliver client requirements
- Guide, co-ordinate and contribute internal and client training and knowledge sharing sessions on GLUW
- Guide, co-ordinate and contribute to the marketing of GLUW
- Ensure all documentation related to GLUW is in place (including treaty amendments, GLUW user manual, contracts, compliance).
- Accountable person for GLUW audits.
- Help evolve the GLUW road map including the prioritisation of new build and enhancement items
- Co-ordinate and contribute to the standardisation of MRoAs group risk offering.
- Responsible for GLUW quarterly rate updates deploy
- Co-ordinate or contribute to tender projects, pulling in functional experts where required
- Qualified or nearly qualified Actuary
- Risk Experience (at least 5 years) which includes pricing experience with sound technical understanding of Life products (Experience in Group Risk would be a significant advantage)
- Excellent Project management skills (at least 2 years project management experience)
- Experience working on IT development projects
- Life and Health Benefits.
- Retirement Benefits.
- Hybrid working environment.
- Bonus Scheme.
- Employee Assistance Program.
- Wellness Programs.
- Global Mobility.
You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders.
We aim to communicate in a clear & authentic way. We solicit feedback, ask and listen, learn and unlearn.
You will grow with your clients: Whatever our role, we support business, in a thoughtful way, to create value for our clients. We embrace new ways of working applying digitalization to provide solutions.
We lead the We: We have a passion for winning and growing as a team. We inspire people to deliver a joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged.
#Reinsurancejobs
This is a permanent position and is based in Johannesburg, South Africa.
The closing date for this opening is 19 May 2023.
Please apply to the advert or through our careers page. We do not accept CV's by email. We do respond by email to all applications received through our advert. If you have not heard from us, please check your spam email folder.
If you have any queries, please contact the Talent Acquisition Specialist, Vicki Bedeman at vbedeman@munichre.com.
