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Johannesburg: Technical Underwriter

Date 2025-01-21
Job Title Technical Underwriter
Employer
More Information
Salary Annually
Category Accounting Finance
Location Gauteng
/ Johannesburg

Job Summary

Qualifications: Higher Certificate in Short-term Insurance RE 5 Advantageous Tertiary qualification (Bcom degree or similar) Experience: 5 7 years experience in short term Insurance Technical underwriting (commercial and or corporate). Portfolio management advantageous Please note that preference will be given to people with disabilities. Strategic Alignment Contribute towards the development of the companys strategic plans. Contribute in the development and drive of the divisional strategy. Participate in Updating of policy wordings and regulations. Conduct market analysis in order to analyse industry needs and contribute towards the enhancement of existing products. Implement departmental policies and procedures Rate development Partner with Actuarial function on pricing for new products, analysis of risk, to ensure that products are priced correctly. 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. Conducting GAP analyses of our rules and regulations to ensure they remain relevant and up to date. Handle queries and provide technical assistance to our brokers and Agents through visits. Review rates annually, ensuring competitiveness and viability of the product. Conduct 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 per class of business. Monitor and apply corrective measures on multi claimants. Participate in monthly operations reporting on financial and operations. Training function Provide education through various platforms on products to clients/agents Review and compiling of training material (manuals & presentations). Risk Management Identifying Risks and Emerging Risks. Establish required controls to mitigate operational risks. Financial Contribute in compiling budgetary requirements. Control the departmental budget ensuring expenditure remains within the set parameters. Perform any reasonable tasks as and when required by the Line Manager. Please note that if you have not received a response within 14 days of submitting your application that your application was unsuccessful.

Technical Underwriter position available in Gauteng, Johannesburg. This job position was posted by . The job has been posted on 2025-01-21 in the Accounting Finance category

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