Johannesburg: Head of Product Underwriting (Insurance) posted by AtripleA recruitment & temps

About the Role

Our client is a leading commercial risk specialist in Southern Africa dedicated to proactive risk management and superior customer service. With our deep industry insights and expert knowledge, we partner with customers and brokers to safeguard their businesses and enhance their risk profiles across the continent. The Head of Product Underwriting (Insurance) role reports to the Chief Underwriting Officer and is responsible for product underwriting across various business units.

Key Responsibilities

• Manage and report on Underwriting Quality and Product adherence and ensuring profitability targets are achieved throughout the portfolio.

• Assist Distribution: Identifying opportunities for growth within our risk appetite and profitability requirements.

• Managing Underwriting delegation of authority to regions and others.

• Monitor and report on adherence to risk appetite across the portfolio.

• Developing and implementing product and underwriting enhancements.

• Developing, reviewing and enhancing all required underwriting guidelines.

• Overseeing the underwriting first line of defence governance function, including:

• Adherence to risk appetite

• Exception reporting

• Accumulation monitoring and adherence.

• Responsible for the Underwriting Risk register and control framework: This includes continual consideration of emerging risks, with appropriate solutioning, as necessary.

• Product wording/s maintenance upkeep and enhancements to ensure alignment with legal constructs and market opportunities.

• Maintain and Manage Company’s Sasria relationship, including implementation and meeting operational requirements.

• Develop, maintain, and implement Underwriting training and peer to peer reviews.

• Co-ordinate Technical Underwriting Reviews for all the regions; ensuring these are done on an annual basis.

• Drive to create efficiencies: Improve customer service and expand talent capability within the Risk Engineering Team

• Provide and consolidate key data on environment, market, competitor, business segments, products, and marketing activities.

• Manage all Risk engineering functions. This includes:

• Setting risk surveying rules

• Management of risk surveying team, which includes a team of risk engineers.

• Ensuring that surveying production volumes are met within service level agreements and quality requirements.

Requirements

• Minimum NQF Level 7, i.e. University degree.

• Minimum 5 – 8 years’ short term insurance experience, including technical underwriting and policy wording.

• Experience in providing underwriting advice to senior management.

• 5 or more years general management experience.

• Experience in project management advantageous.

Qualifications

No formal education/certifications mentioned.