Casualty Facultative Underwriter at Antal International

Job Description

AA/EE: Preferable

Contract: Permanent

Available: ASAP

About The Role

A multinational reinsurer based in Jozi is looking for a Casualty Facultative Underwriter with a minimum of 5 years underwriting experience. The incumbent will be responsible to acquire, assess, underwrite, quote and negotiate proportional and non-proportional facultative reinsurance directly and through brokers.

Minimum Requirements

• University degree in law-related discipline, mathematics/statistics, economics or degree with a recognised governing body of insurance qualifications (ACII/FCII)
• Minimum 5 years underwriting experience, in-depth knowledge of reinsurance and primary insurance in all Casualty classes of business (PA, Motor and Liabilities)
• Strong analytical and mathematical skills
• Good communication skills, strong interpersonal skills and willingness to share knowledge within the team
• High level of commitment and ability to work under pressure
• Willingness to travel
• IT application knowledge

Job Description

• To acquire, assess, underwrite, quote and negotiate proportional and non-proportional facultative reinsurance directly and through brokers. Predominantly rating motor and specialised liability business by utilising the various in-house company quotation and local monitoring tools
• To provide tailor made solutions and ensure a profitable portfolio
• To check contract wordings and conditions according to company underwriting guidelines
• To cultivate relationships with cedents and brokers for business development purposes and exploit new business potential through these sources
• To participate in working groups in the insurance industry (e.g. SAIA) and within the company group (e.g. expert groups)
• To contribute to market events (e.g. through lectures)
• To conduct market and portfolio analyses, and prepare reports