Hannover Re - more than 3,500 employees at locations all over the world. Our strength? Connecting Power: We rely on each other. As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world and a reliable employer.
If you have a strategic business mind with a strong operational and technical background, then Hannover Re South Africa has an amazing opportunity available at Lireas Holdings (Pty) Ltd.
Key Responsibilities
- Strategy – Assist the team in fulfilling the strategy and goals of Lireas while upholding its core business values; Learn how to provide strategic guidance to portfolio companies as required.
- New Business Development - Keep abreast of industry developments and conduct market research into new business opportunities either with existing or potential clients; Approach clients or respond to client inquiries pertaining to new business and/or product offering; Prepare presentations as and when required; Assist in evaluating business plans submitted in application of possible investment or assist with the drafting of business plans wherever required; perform necessary checks associated with regards to due diligence; Assist in various aspects of deal execution.
- Business Management – Learn how to tap into various areas of expertise within Lireas, the Group or external service providers/consultants to assist new and existing portfolio companies with issues pertaining to risk management, HR, compliance, regulatory and legal matters to varying degrees depending on requirements; Ongoing evaluation of the portfolio company’s operational performance; Assist with the review of annual budgets for portfolio companies; Monitor the returns generated by portfolio companies; Support in maintaining client relationships.
- Marketing – Liaise with the multi-media in-house designer regarding updating and enhancing the Lireas website, implementation and use of social media; Assist with Lireas marketing events included but not limited to the annual Lireas Conference; Increase the visibility and perception of the Lireas brand.
- Risk Management – Assist in the analysis and interpretation of financials and cash flow position; Identify, assess and quantify business and financial risks for ongoing discussion at management meetings.
- Valuations - Participate in reviewing valuations of new and existing portfolio companies as and when changes occur (structure, shareholding, capital, assets etc). Understand the current value of the company at a particular point in time.
- Reporting - Assist in performing due diligence on potential clients; Prepare and submit reports on the client’s financial performance and results within the portfolio; Provide commentary as requested to the board in terms of investment’s performance.
- Observer Participation at Board Meetings - Attend board meetings of portfolio companies as an observer; Gain knowledge and experience and eventually assist in supporting and guiding the portfolio companies.
Your Profile
- CA(SA) or CFA qualification
- Minimum 2-5 years’ experience
- 2 years' experience in corporate finance
- Some experience participating in committee or board meetings
- Demonstrated knowledge and experience with financials and investments
- Demonstrated experience in report writing and comfortable with different company valuation methodologies
- Experience in a client-facing role dealing with internal and external stakeholders
Preferred
- Investment banking experience; Short term insurance or Insurtech industry experience and/or exposure.
- Knowledge of insurance will be advantageous
- Proficient English communication skills
Employment Equity
Employment Equity South African Citizens as qualified by the Employment Equity Act will be given preference in relation to the company’s Employment Equity Plan. A relevant work permit is required if a foreign national or non-South African citizen applies for the role.
What We Offer:
A warm culture entrenched in our core values of Responsibility, Drive and We-spirit where professionals team up to create opportunities for our employees and clients.
Benefits:
Thorough onboarding, hybrid and/or flexible working environment with daily warm lunches at the company's cost/prepared by our very own catering team. Comprehensive group risk benefits; generous annual and parental leave benefits which put people first as well as great learning and development opportunities aligned to business operations.
A great location within walking distance of the Gautrain, and opposite the Rosebank mall.
If you want to work in a dynamic and global environment with a somewhat different approach to doing business, then apply by clicking on the "apply now" button which will take you to a simple and secure platform to share your details with us. Applications close 25 November 2024.
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