About the position
MANAGER: UNDERWRITING
LOCATION Centurion
POSITION TYPE Permanent
SALARY R 864 000 CTC PER ANNUM
CLOSING DATE 13 MAY 2024
TO APPLY CALL SHASHI or send WhatsApp message on cell number in the REF above for email address shashi@mployglobal
PURPOSE
- Oversee underwriting, reinsurance, policy administration and portfolio management of non-life insurance business to contribute to the achievement of financial objectives of the organisation.
- QUALIFICATIONS
- Honours BCom in Accounting, Finance, Business Management, Risk Management and Insurance
- EXPERIENCE
- 8 - 10years Life and/or Short term insurance underwriting experience
- 8 - 10years Insurance operating system experience
- JOB DUTIES / RESPONSIBILITIES
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.
- CLOSING DATE 13 MAY 2024
TO APPLY CALL SHASHI or send WhatsApp message on cell number in the REF above for email address shashi@mployglobal
Desired Skills:
- Life or Short term insurance underwriting experience
Desired Work Experience:
Desired Qualification Level:
About The Employer:
CLOSING DATE 13 MAY 2024
TO APPLY CALL SHASHI or send WhatsApp message on cell number in the REF above for email address shashi@mployglobal
