Introduction
Guardrisk is the undisputed market leader in cell captive insurance and risk solutions. We are renowned for our innovative approach to cell captive structures and other alternative risk transfer solutions for our clients. Guardrisk offers clients custom designed cover and is registered in South Africa as an insurer for all statutory classes of non-life and life insurance business.
Disclaimer
As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
Responsible for the underwriting of a portfolio of clients for the Construction and Energy Guarantees division.
Requirements
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An undergraduate diploma/degree (BCom, BScEng, QS, LLB or similar).
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A postgraduate diploma/degree (MBA, MCom, MSc or similar) - or working towards it.
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Certificate in Banking/Short-Term Insurance (or working towards it)
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RE 5 Certificate for Representatives (or working towards it)
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FAIS compliant (or working towards it)
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Minimum 10 years working experience in the guarantees/trade banking/reinsurance industry.
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Credit risk assessment & analytics.
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Knowledge of infrastructure and project finance.
Duties & Responsibilities
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Underwriting of large & complex guarantees transactions.
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Underwriting of foreign and corporate guarantee transactions.
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Underwriting of renewable energy guarantee transactions.
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Member of the underwriting risk committee for the Construction Bonds & Guarantees division.
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Preparation of thorough and detailed underwriting reports & proposals.
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Conduct due diligence, credit risk assessment for projects and guarantee deals.
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Develop financial analysis and modelling for large project deals.
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Underwriting of guarantees within the designated operational mandate.
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Structuring of guarantee instruments, legal documentation and commercial terms for project deals.
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Oversee the corporate portfolio of existing clients across the Energy and Construction Guarantees division.
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Client relationship management and stakeholder engagement.
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Ensure that existing relationships with brokers and other role players are strengthened and built on a continuous basis.
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Collaboration and relationship building with commercial banks, private lenders and infrastructure funding/financial institutions.
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Collaboration and relationship building with direct clients, developers, infrastructure consultants and industry bodies.
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Ensure that new relationships are established to support the growth plans of the greater Guarantees division.
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Grow the Energy & Construction Guarantees book of business in the corporate segment.
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Management of the energy & construction guarantees team (portfolio managers/underwriters).
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Mentoring & training the Construction Guarantees team members.
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Pursue relevant growth opportunities that would allow the Guarantees division to achieve its strategic targets and objectives.
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Build, maintain and continuously strengthen all relationships with the MMH Group’s product, support, reinsurance as well as broker partners.
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Ensure that all regular interactions with any of the Momentum Group’s reinsurance, broker or product partners are done at the highest possible level of professionalism.
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Stay abreast of developments in the construction, surety, guarantee & related markets.
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Maintain professional relationships with all customers, suppliers and trade connections of the Momentum Group with a view to maintain and improve the group’s reputation and goodwill.
The above list of duties and responsibilities is not all inclusive and may be expanded to include other duties and responsibilities, as the job function dictates.
Competencies
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Risk management
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Business Acumen
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Client Orientated
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Collaborative
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Innovative
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Analytical skills
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Relationship management and networking
