Job Description

Closing Date 2024/03/09
Reference Number MMH240111-4
Job Title Underwriting Manager: Global & Corporate (Construction Guarantees)
Position Type Permanent
Role Family Risk
Cluster Guardrisk
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Sandton
Introduction

Responsible for the underwriting of a portfolio of clients for the Construction Bonds & Guarantees division for the global & corporate clients portfolio.
Role Purpose

Responsible for the underwriting of a portfolio of clients for the Construction Bonds & Guarantees division for the global & corporate clients portfolio.
Requirements

• An undergraduate diploma/degree (BCom, BSc Eng, or similar)

• A postgraduate diploma/degree (MBA, MCom, MSc Eng, or similar) - or working towards it

• Certificate in banking/short-Term Insurance (or working towards it)

• RE 5 Certificate for Representatives (or working towards it)

• FAIS compliant (or working towards it)

• At least 10 years working experience in the guarantees/trade banking/reinsurance industry across Africa

• Knowledge of contract guarantees business in Africa

Duties & Responsibilities

• Underwriting of large & complex guarantees transactions.

• Underwriting of foreign and corporate guarantee transactions across Africa.

• Member of the underwriting risk committee for the Construction Bonds & Guarantees division.

• Preparation of thorough and detailed underwriting reports.

• Underwriting of guarantees within the designated operational mandate.

• Oversee the global & corporate portfolio of existing clients across the Construction Bonds & Guarantees division.

• Grow the Construction Bonds & Guarantees book of business in the global & corporate segment.

• Management of the construction bonds & guarantees team (portfolio managers/underwriters).

• Mentoring & training the Construction Bonds & Guarantees team members.

• Pursue relevant growth opportunities that would allow the Guarantees division to achieve its strategic targets and objectives.

• Ensure that existing relationships with brokers and other role players are strengthened and built on a continuous basis.

• Ensure that new relationships are established to support the growth plans of the greater Guarantees division.

• Build, maintain and continuously strengthen all relationships with the MMH Groups product, support, reinsurance as well as broker partners.

• Ensure that all regular interactions with any of the MMH Groups reinsurance, broker or product partners are done at the highest possible level of professionalism.

• Stay abreast of developments in the construction, surety, guarantee & related markets.

• Maintain professional relationships with all customers, suppliers and trade connections of the MMH Group with a view to maintain and improve the groups reputation and goodwill.

Competencies

• Risk management

• Business Acumen

• Client Orientated

• Collaborative

• Innovative

• Analytical skills

• Relationship management and networking

Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

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