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Pretoria: Snr Manager: Financial Services Products posted by IT Ridge Technologies

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Job Description

About the Role

IT Ridge Technologies is seeking a Senior Manager: Financial Services Products to lead our financial services business unit. The successful candidate will be responsible for developing and implementing product strategies, managing cross-functional teams, and driving revenue growth. They will also be expected to stay abreast of industry trends, identify business opportunities, and implement innovative solutions.

Key Responsibilities

  • Strategically link activities to business objectives, prioritising the products functions and ensure the effective implementation of strategies for areas of responsibility.
  • Align approved functional strategies to overall business strategy.
  • Develop and ensure the effective implementation of functional business plans.
  • Identify key social, political, and societal issues and implement strategies to meet the challenges.
  • Participate towards Exco, Exco Committees and Exco decisions for the effective planning of the Groups activities.
  • Develop, recommend for approval an own product vision and roadmap aligned with Groups goals and market trends.
  • Formulate a comprehensive short to long-term products strategy for the approval of the Business Development Director for the Group.
  • Define product success metrics and track progress towards achieving them against the strategy and set goals.
  • Oversee the mangers and specialist in the structures to ensuring product performance, market acceptance and revenue targets by ensuring that product performance and acceptance measured revenue targets.
  • Build the Lending and Investment structure ensuring that it is fit for purpose to deliver the Group objectives under the guidance of the Business Development Director.
  • Give input to the Business Director to secure executive approvals for product strategy and resource allocation
  • Implement approved innovation projects that will increase revenue streams profitably.
  • Assess, develop business cases and recommendations for considerations to Exco, including business partnerships for the enhancement of the Lending and Savings and investment products.
  • Manage new business generating initiatives under Lending and Investment and their implementation
  • Maximize revenue growth for the product portfolio by implementing strategic objectives.
  • Drive market share gain or customer acquisition targets through the applicable teams.
  • Manage product satisfaction and retention rates by monitoring against set objectives and target.
  • Lead the development of commercially sound optimal business.
  • Ensure that the initiatives performance metrics meets the required return on investment.
  • Manage stakeholders expectation at different levels to identify areas of innovation and growth and implement successful ideas. Engage with internal and external stakeholders to enhance innovative thinking in the Group.
  • Develop and implement effective communication plans for the department under the guidance of the Business Development Director.
  • Collaborate with the finance department to ensure that good financial practices are adhered to.
  • Manage the effective rollout by the product and sales teams and develop the go-to-market plan tools under the guidance of Business Development Director.
  • Present and manage the capital and operational budgets of the department.
  • Manage effective communication between all supporting business units by regular engagements.
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Requirements

  • A post -graduate degree / MBA

Qualifications

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Other Insurance Jobs in Gauteng

The Other Insurance (OI) industry is a significant sector in Gauteng, South Africa, offering a range of career opportunities for professionals with the right skills and experience. Typically, OI roles are in demand across various industries, including financial services, technology, and manufacturing, as companies seek to manage and mitigate risks associated with their operations.

Generally, OI specialists in Gauteng can expect salaries that vary widely depending on factors such as level of experience, company size, and industry sector. While broad salary ranges cannot be provided due to the variable nature of these factors, it is common for experienced OI professionals to earn between R600 000 and R1 200 000 per annum, while entry-level roles may start at around R300 000 to R500 000 per annum. However, salaries can fluctuate depending on individual circumstances.

Common skills required for OI roles in Gauteng include expertise in financial management, risk analysis, data interpretation, communication, and project management. Other essential skills often include proficiency in insurance software, analytical thinking, problem-solving, and the ability to work under pressure. Many OI professionals also hold relevant certifications or degrees in fields such as actuarial science, business administration, or economics.

The financial services sector is a significant employer of OI professionals in Gauteng, with other industries such as technology and manufacturing also commonly hiring for these roles. Other sectors that may employ OI specialists include healthcare, construction, and logistics. In terms of career development, many OI professionals in Gauteng progress to senior roles within their current organisations or move into related fields such as risk management, auditing, or claims handling.

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For those seeking a career in OI, it is essential to develop a broad range of skills and experience, often through formal education and training. Many OI professionals in Gauteng have pursued certifications such as the Fellow of the Institute of Actuaries (FIA) or the Chartered Insurance Practitioner (CIP). Building strong relationships with clients, colleagues, and stakeholders is also crucial for success in this field.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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