Overview
Commercial Underwriter Jobs in City of Johannesburg Metropolitan Municipality, South Africa at Sanlam Limited
Location: City of Johannesburg Metropolitan Municipality
Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and while based in South Africa, we are rapidly moving into a number of emerging markets. Our success is rooted in our passion for our clients and everything we do is centered on our delivery of insurance good and proper.
We’re about people. People drive our business, so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees.
Commercial Underwriter
Santam’s Broker Solutions, Commercial Portfolio Management – Sales division currently has anexcitingopportunity available for a Senior Commercial Underwriter, who will be based within the Sales department at Hill on Empire – Parktown.
Job Description
Work in this job family stream is concerned with managing commercial risk by providing specialist technical underwriting advice. It is a highly technical role with strong client focus. The key focus is on underwriting new and existing business to maintain profitability while also creating a platform to aid the growth process.
The individual is responsible for taking sound underwriting decisions through mandates and taking initiative and is a key source of knowledge and leverage to the business at large.
Principal Accountabilities
Effective underwriting of complex risks (new business, renewals, ad-hoc)
Identifying re-insurance and appropriate action
Effective screening actions
Providing quality and correct feedback on high level technical queries
Working within higher level mandates
Negotiating with internal and external clients
Building and maintaining relationships at various levels within the organisation including CCC, Distribution and HO underwriting
Strong retention (profitability and growth) focus
Qualifications and Experience
A minimum of 10 years underwriting experience within a short-term Commercial insurance industry required.
Grade 12
IISA professional membership (associate)
FAIS compliant: NQF level 6 (Commercial Lines)
Proficiency in MS Word and Excel
Regulatory Examination (RE) advantageous
Extensive commercial short-term insurance knowledge
Commercial product training (SMK’s) and Risk Identification program/qualification advantageous
A good understanding of operational processes, SLA’s and commercial quoting tools.
Skills
Goodcommunicationand negotiation skills
Proficient in Afrikaans and English
Strong client service orientation
Stronganalytical skills
Ability to work under pressure
Strong sense of self-management
Strong relationship building and network skills (internal and external parties)
Delivering results and meeting client expectations
Ability to cope with conflicting demands and to prioritise tasks
Ability to influence
Enterprising and commercial thinking
Deciding and initiating action
Relating and networking
Analysing
Applying expertise and technology
Achieving personal work goals and objectives
Researching
Planning and organising
Writing and reporting
Following instructions and procedures
Build a successful career with us
We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees …
Title: Commercial Underwriter
Company: Sanlam Limited
Location: City of Johannesburg Metropolitan Municipality, South Africa
Category: Insurance, Finance & Banking