Description:
JOB DESCRIPTIONStrategic Alignment
Contribute towards the development of the companys strategic plans. Contribute to the development and drive of the Underwriting strategy. Contribute to the review of policy wordings and regulations. Conduct continuous market analysis and contribute towards the enhancement of existing products and development of new products. Contribute to the review and implement departmental policies and procedures on an annual basis.
Rate development
Contribute to annual rate review to ensure adequate pricing for new and existing products in partnership with the Actuarial function. Contribute to risk analysis in partnership with the Business Intelligence function, to improve risk mitigation. Analyse claims and premiums trends which provide input into underwriting pricing and risk.
Underwriting Function
Review terms and conditions of products annually to ensure they remain relevant and up to date. Contribute technical inputs on discussion and negotiations of policy wordings. Review of broker submission on new business and renewals, and the underwriting of business to ensure adherence to company guidelines. Risk assessment by analysis of risk management reports, discussion with internal and external stakeholders, and subsequent motivation and implementation of risk improvement recommendations. Maintain company underwriting standards/discipline based on required information, including insureds loss history, risk concerns, proposed wordings, deductibles etc Conducting GAP analyses of our rules and regulations to ensure they remain relevant and up to date. Handle technical queries and provide technical assistance to our brokers and Agents through visits. Contribute to the annual rates review, ensuring competitiveness and viability of the product. Contribute to Conducting research on possible new products and enhancement to existing products. Continuously review product information on our website to ensure remains up to date and relevant. Monitor and report on the loss ratio movement. Support sustainable pricing decisions by analysing portfolio-level risk concentration, diversification benefits and stress scenarios. Compilation and production of data and reports as required by line managers/executive managers of the company. Compliance with regulations and delegated authority levels and execution of business within mandates. Compilation and submission of new business and renewal business to reinsurers and reinsurance brokers. Monitor and apply corrective measures on multi claimants. Participate in monthly operations reporting on financial and operations. <
13 Feb 2026;
from:
gumtree.co.za