Executive Structured Investments

Full description

Position Type Permanent Role Family Client Services Cluster Momentum Corporate Remote Opportunity Some of the time Location - Town / City Cape Town or Gauteng Introduction Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Group provides practical financial solutions for people, communities and businesses. Visit us at www.momentumgroupltd.co.za Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page. Role Purpose Provide strategic direction for the development and execution of the Structured Investments and Annuities portfolio business aligned to the strategic intent of Momentum Corporate, a business division in the Momentum Group. The aim is to ensure a sustainably profitable, growing and integrated, full value chain business portfolio which offers relevant, easy to understand product solutions, superior client value and experience supported by efficient processes and systems. Requirements - Post graduate degree in Actuarial Science or other professional and business leadership qualification e.g. CA (SA), CFA, MBA, etc. - Fellow of the Actuarial Society of South Africa (ASSA) or Institute or Faculty of Actuaries (UK) or relevant registration to a Professional Body - CFP or CFA qualification is an advantage - 5+ Years of experience within an insurance investment environment - Exposure to business management across a variety of products, markets and industries - Sound understanding and exposure to Investments and Annuity products - 8-10 Years leadership experience on a senior level - Experience in sales & distribution will be an advantage Duties & Responsibilities - Define vision and strategy for the business and develop an aligned full value chain in relation to the organisation's mandate. - Oversee the full value chain structured investments and annuity product solutions scope within the business. - Drive the growth agenda for the business, increase market share and grow intermediary and direct network in partnership with Momentum Corporate distribution channels. - Provide the strategic direction for the development of fit-for-purpose product solutions, ensuring that they deliver on the required client experience across the full employee benefits value chain. - Set the strategic direction for the selection, integration and pricing of product bundles that holistically support clients' financial wellness needs and CVP. - Ensure differentiation in the market by optimising core products such as our with-profit annuities, redefining our smooth bonus offering with renewed focus on the development and distribution of alternative smoothing products. - Ensure that that there is a focus is on value for money balance sheet investments and annuity solutions. - Drive the optimisation of operational strategies in order to eliminate inefficiencies and streamline operations in order to ensure the client receives optimal service. - Identify opportunities to leverage off strategic relationships and alliances to build new channel, distribution or growth opportunities. - Oversee the creation and maintenance of a client engagement strategy in order to provide clarity regarding the parameters to optimally engage and provide services to clients. - Keep abreast of best practices and the competitor landscape in order to enhance service offering and delivery. - Direct and manage the creation, implementation and maintenance of capabilities, products and solutions in order to diversify product offering and profitability. - Ensure the appropriate focus on system development and technology that underpin and support product solution offering - Keep abreast of best practices and competitor landscape in order to inform the development of strategies and tactics that grow and protect our market share. - Foster effective working relationships and collaborate within the business, client segments and external stakeholders in order to anticipate, meet and exceed client needs. - Drive the continuous review and enhancement of products solutions to ensure profitability and market competitiveness Client relationship responsibilities and work output - Define fair and innovative client service practices which build rewarding relationships, and allows team to provide exceptional client service. - Engage with key stakeholders to identify changing client needs and make recommendations to align service offering with client needs - Participate and contribute to an entrepreneurial culture which builds rewarding relationships, facilitates feedback and provides exceptional client service - Contribute to sustaining a competitive edge through external networking and benchmarking and representation on related forum. People management responsibilities and work outputs - 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 - Select and recruit suitably qualified talent in line with Employment Equity principles and Momentum Metropolitan values - Identify employee growth and development needs and schedule interventions to enable ongoing development, training and personal growth Financial responsibilities and work outputs - Analyse and report on business development performance and operational costs - Control the budget for area, including the authorisation of expenditures and implementation of financial regulations. - Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy - Identify solutions to enhance cost effectiveness and increase operational efficiency Competencies - Commercial thinking and Business Acumen - Client/stakeholder commitment - Drive for results - Strategic Thinking - Leads change and Innovation - Motivating and Inspiring Team - Leadership impact and Influence - Self-awareness and Insight - Diversity and Inclusiveness