Insurance Portfolio Manager – GMRC Vacancies

• Hiring Organisation: GMRC Careers
• Vacant Position: Insurance Portfolio Manager
• Job Location: Johannesburg
• Required Qualification: Relevant Qualification
• Salary: Not Disclosed
• Last Date: 31/03/2023

Apply For Vacancies in GMRC as a Insurance Portfolio Manager Job Role Which is Available For Johannesburg Location. GMRC has released a job notification On Their Official Careers website. To Comply with The position candidate need to have the required qualification as mentioned in the description of the official job portal. Apply as soon as possible before the job gets expired. For more government and private job vacancies in across South Africa Click Here.

Job Description:

Minimum requirements:

• Engineering Degree or Diploma in combination with 5 years of experience in a similar position.
• Other qualifications might be considered, subject to a min of 10 Years of experience in the Engineering / Construction Insurance industry.
• Min 5 years experience in the growth of allocated broker portfolio, broker portfolio loss ratio, and account management and advice.

Duties and responsibilities:
Growth of allocated broker portfolio

• Promote and market the company and its solutions to brokers to influence the sale of our products.
• Assist in identifying new potential brokers and opportunities for business growth.
• Continuously analyse competitor strategies and ensure knowledge is current on competitor activity, new products, and services.
• Initiate and manage marketing drives to secure profitable, quality new business from brokers.
• Establish and maintain business relationships to grow market share with existing brokers.
• Facilitate the sales process by providing quotes in a timely manner and ensuring that brokers deal with the correct channels.
• Prepare, interpret, and present customer financial performance and other relevant. information to enhance customer understanding and facilitate decision-making.
• Contribute to continuous innovation through the development, sharing, and implementation of new ideas and involvement of colleagues.
• Portfolio budgeting in conjunction with short-term targets.

Broker portfolio loss ratio

• Maintain acceptable quality of business and manage the risk of such business.
• Make recommendations to improve the loss ratios of assigned portfolios.
• Positively influence the management of risk and offer specialist support where required.

Account Management

• Review segment profit/growth results and trends to recommend and implement action plans to improve productivity, profitability, growth, and the quality of underwriting results.
• Negotiate renewal discussions with broker partners and where required impose risk preventative measures.
• Ensure compliance with rating, underwriting principles, and reinsurance requirements.

Positive intermediary engagement

• Drive customer service delivery to ensure that brokers receive appropriate advice and after-sales service.
• Ensure that customer queries are used as a mechanism to improve customer service and business processes.
• Deliver training to brokers to ensure their understanding of the company’s products and services.
• Ensure that the company processes and policies are always adhered to and represent the company in a professional, business-like manner.
• Continuously monitor turnaround times and quality standards and resolve issues speedily to enhance customer service delivery.
• Build and maintain relationships with internal and external stakeholders.
• Make recommendations to improve customer service.
• Participate and contribute to a positive work culture.

To apply Fill the job application form online/offline and submit throuth the online link given below, if the job application from is in offline fill the form and send it to the authority’s human resource/ recruiting department. the application process can depend on the organisation wait for the response from the organisation.