Description:
Qualification and Experience
- Honours BCom in Accounting, Finance, Business Management, Risk Management and Insurance
- 8-10years Life and/or Short term insurance underwriting experience
- 8-10years Insurance operating system experience
- Critical Competencies
- Underwriting and administration
- Maintenance of policies in an operating system
- Quality Assurance
- Good understanding od reinsurance principles
- Additional Requirements
- Extended hours as and when required.
- Travel as and when required.
Key Performance Areas
Underwriting and Policy Administration
- Make authoritative decisions about technical underwriting and business enhancement solutions that would significantly improve business performance.
- Develop and maintain underwriting guidelines aligned to the risk appetite of the business.
- Develop processes and procedures to ensure that business is underwritten in accordance with set standards and rates.
- Demonstrate a high degree of knowledge regarding underwriting quantitative and qualitative tools.
- Review, benchmark and update policy cover, policy wording, general terms and conditions.
- Responsible for monitoring profitability as measured by loss ratio improvement.
- Complete assessment of claim trends and services, including analyse all necessary historical account information.
- Determine renewal terms including required premium level and policy plan change recommendations and deliver complete renewal package to Sales according to organisational department guidelines.
- Accountable for the accuracy and completeness of all renewal data.
- Participate in interdepartmental discussions between Sales, Claims and Reinsurance on renewal business issues and make recommendations regarding policy plan provisions related and administrative procedures.
- Ensure adherence to organisational policies, practices and procedures.
- Maintain and annually update the underwriting risk policy.
- Oversee staffing, supervision, training, coaching, mentoring, structuring of the underwriting function for effective service delivery.
Reinsurance
- Responsible for structuring of reinsurance programmes for all lines of business.
- Prepare annual reinsurance renewal packs.
- Oversee reinsurance optimization.
- Oversee the accuracy and completeness of all reinsurance data.
- Oversee the accurate submission of reinsurance accounts.
- Approve all facultative reinsurance placement.
- Maintain strong relationships with reinsurance partners.
Portfolio Management
- Manage underwriting performance of outsourced and binder mandates in line with internal guidelines and company processes.
- <
19 Feb 2026;
from:
gumtree.co.za