Rand Mutual - RMA · 8 hours ago
Renewal Manager - Employee Benefits
Parktown, NC
Full-time
Hybrid
Senior Level
5+ years expRand Mutual - RMA is a long-established company specializing in employee benefits. The Renewal Manager will oversee the renewal management process, including pricing and documentation, while collaborating with internal teams to ensure client retention and business growth.
InsuranceNon Profit
Responsibilities
Overseeing the production of renewal terms for all benefits
Pricing and benefit design of large/complex renewal business opportunities plus support to the new business quoting process
Ensure delivery of new business quotations and pricing for renewal business is appropriately concluded
Development and Management of a Renewal Team
Supporting the business development teams to grow the portfolio
Management of existing risk book through re-rating of existing schemes
Vulnerable schemes management (existing business)
Negotiation with clients, reinsurers, brokers, sales team on all aspects linked to the Group Risk Business
Attend meetings with various stakeholders as required
Assist with the audit of agreements and treaties, systems and processes
Ensure effective communication between all stakeholders with a view to building and maintaining good stakeholder relationships
Ensure accurate and timeous provision of information
Staff and internal stakeholder training and development
Implementation of strategic projects and business acquisitions
Tracking outcomes of strategic initiatives and refining process (actuarial control cycle)
Resolve escalated technical queries and complaints
Quality control of output
Responsible for ongoing technical development and ongoing maintenance of the quotation system in line with IT strategy including reinsurance treaty changes
Supporting the key reinsurance relationship management including assisting the actuarial team with reinsurance accounts
Qualification
Required
NQF Level 7: Bachelor's degree
Minimum of 5 years Group Risk – retirement fund benefit experience in a senior technical role plus client relationship management
Strong understanding of the group risk industry
Strong Technical acumen
Strong Customer Relationship Management skills
Knowledge of group risk products
Broad knowledge of legal framework
Strong Analytical skills
Strong Leadership skills
Interpersonal skills
PC Skills (Word, Excel, Outlook, PowerPoint)
Excellent communication (written and verbal)
Ability to translate complex technical into easily understood information for the broker market
Benefits
Great opportunities for personal and professional development
Competitive salary package
Various benefits
Flexible work arrangements (combination of remote and in the office)
Company
Rand Mutual - RMA
• RMA in a nutshell Identifying a need to help care for miners who were injured while on duty, Rand Mutual (RMA) was founded in 1894 by three mining companies on the Witwatersrand as a non-profit mutual assurance company.
201-500 employees
Funding
Current Stage
Growth StageRecent News
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