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  • Posted: Jan 14, 2025
    Deadline: Not specified
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  • Momentum Metropolitan Holdings, formerly MMI Holdings, is a South African-based financial services group was established on 1 Dec 2010, through the merger of Metropolitan and Momentum. We are specialists in long and short-term insurance, asset management, savings, investments, healthcare administration, health risk management, employee benefits and reward...

     

    Broker Binder Underwriting Auditor (GGI)

    Requirements

    • Grade 12 (Matric)
    • FAIS – Completed RE5 Certificate and Credits (60 credits)
    • Possessing an insurance-related qualification is advantageous
    • At least 5 years of relevant experience in underwriting oversight and audit management
    • A comprehensive understanding of non-life short term insurance
    • Commercial Lines insurance experience
    • A comprehensive knowledge of non-life short-term insurance underwriting processes and associated complexities
    • Proven track record of underwriting experience e.g., assessing exposure, understanding risk reports, underwriting levels and risk rating
    • Problem solving skills
    • Must be able to work in Word and Excel
    • General office administration knowledge
    • Must be able to handle pressurized environments
    • Requires strong attention to detail and a commitment to maintaining accuracy
    • Basic system operating knowledge essential

    Duties & Responsibilities

    • Provide consistent monitoring and evaluation of outsource business, broker binder business and UMA’s portfolio’s
    • Fundamental proficiency in system operations is essential
    • Provide support to all GGI internal stakeholder where required
    • Maintaining and building relationships with Outsource and Broker Binder Business Partners
    • Conduct Due Diligence reviews on new partners
    • Compiling, tracking and management of audit findings
    • Recommend and guide the implementation of appropriate measures in line with all audit findings
    • Advise on and support the implementation of appropriate underwriting measures in response to audit findings
    • Take appropriate underwriting measures in response to audit findings
    • Build and maintain internal and external relationships with all key stakeholders
    • Stakeholder engagements within various internal and external divisions and partners
    • Must be capable of working independently

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