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3 Oct 2021

parmanetJob for Unemployed Profit Centre Manager Liabilities Wanted Urgently

AIG – Posted by JobSeek24 Johannesburg, Gauteng, South Africa

Job Description

Job for Unemployed Profit Centre Manager Liabilities Wanted Urgently

Address/Locations: Johannesburg, Gauteng

Job Type: Permanent

Employer: AIG

Title:  Profit Centre Manager Liabilities

Deadline: 20 Dec 2021

Salary: Market Related


Short Description     

Our client is looking for an Assistant to start working urgently.

Key responsibilities:

  • To ensure that production growth targets are achieved and provide leadership to take remedial action to address shortfalls
  • To take accountability for Profit Centre P&L
  • To develop and sign off new and retention business budgets with Business Development to manager and Branch Manager
  • Business Operations
  • To establish / execute strategic business plans to achieve profitable growth in line with Profit Centre & country targets
  • To prepare, manage and execute production and expense budgets in line with Profit Centre & country targets.
  • To manage estimate and reporting processes and prepare ad hoc financial and management reports
  • Manage and coordinate SLA’s with CSG to ensure operational efficiency and achievement of agreed customer service standards
  • Portfolio Management
  • To ensure adherence with all underwriting guidelines and bulletins
  • Manage the portfolio in profitable and sustainable growth, closely following claims activity trends
  • To ensure adherence with all reporting requirements
  • To technical Underwriting
  • Review, analyse and underwrite risks within underwriting authority
  • To provide technical direction to underwriters in the Profit Centre
  • Negotiate terms and conditions with clients and brokers
  • To handle referrals as appropriate
  • To play an active role in the development, supervision, negotiation and sign off of large programs by motivating limits and policy structures where referral is required
  • Business Development and Retention
  • To keep abreast of market changes and trends. Provide strategic direction for new business / new product development
  • Seek opportunities to improve synergies and lead cross-sell initiatives with other Profit Centres
  • Provide leadership for pipeline development and management
  • Develop and maintain strong personal and professional relationships with clients and support GM’s to build strategic relationships
  • To represent AIG on industry bodies and professional associations and organizations
  • Expense control
  • To manage all expenses within budget. Continuously work to reduce the expense ratio through constant attention to efficiencies and opportunities to maximize productivity through streamlining of processes
  • Audit and Compliance
  • To ensure adherence to audit requirements
  • To ensure adherence to regulatory and compliance requirements
  • Performance Management
  • To set objectives for direct reports, provide input for objectives of matrix reports and ensure that staff objectives / KPI’s are aligned to achievement of business goals
  • To ensure that appropriate training and development is provided to meet regulatory requirements, build technical skill for delegation of underwriting authority and encouragement of personal growth
  • Talent Management
  • To work with HR to ensure that staff development plans are in place with feedback and follow-up
  • To manage succession planning to develop & retain talent and build bench strength

Job for Unemployed Profit Centre Manager Liabilities Wanted Urgently



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