Commercial Underwriter at Santam Insurance

What will you do?

Underwriting and Reinsurance Services – Commercial Portfolio Management, CoE is looking for an individual with strong analytical skills and an ability to build good relationships. The successful candidate will have good communication and negotiation skills, with a ‘can-do’ attitude and will be based in Auckland Park.

What will make you successful in this role?

This job family stream is concerned with managing risk by providing specialist technical underwriting advice. The CoE is a highly technical role with strong client focus. The primary focus is on renewal underwriting to maintain profitability. The incumbent will be responsible for managing risk administered on external systems, to achieve, maintain and grow profitability of the Commercial Portfolio Management channel.

• The handling of escalations outside of binding authority, including technical and complex queries. 
• Managing profitability through the application of effective policy screening actions on policy and portfolio levels
• The initiation, provision and implementation of renewal terms and conditions on identified high risk and high exposure policies.
• Effective underwriting of complex risks. 
• Identifying re-insurance and taking appropriate action.
• Providing quality and correct feedback on high level technical queries.
   

The successful candidate will also be responsible for building networks and relationships with the various role players and are required to liaise and influence on various levels. The position requires of the incumbent to embrace a culture of learning and development.

Qualifications

• RE accreditation
• Grade 12 or equivalent
• FAIS compliance – 60 credits on NQF level 4

Experience and Knowledge

• Minimum of 5 years Commercial lines experience in a risk management environment
• Santam Underwriting level 4 (Applicable to Santam Internal Candidates) 
• Commercial Lines product knowledge on Santam Underwriting 
• Ability to apply and implement policy screening processes
• Understanding of Risk management and the ability to apply risk mitigation

Experience in dealing with:

• Reinsurance
• Asset All Risk
• Fleets 
• Motor Traders
• High value risks
• Computer literacy (Ability to record, analyze and present data in Excel)
• Relevant system knowledge:  Persetel & Web-E 

Skills

• Delivery and results orientation
• Attention to detail – strong analytic skills required to identify and mitigate risk
• Problem solving
• Producing creative solutions
• Adapting to changing circumstances
• Performing under pressure
• Deciding & initiating action
• Building networks and good relations
• Negotiating and getting agreement
• Building networks and ability to maintain relationships
• Goal setting and prioritising
• Communication skills

Competencies

• Collaborates
• Cultivates Innovation
• Flexible and Adaptable
• Drives Results
• Client Focus
• Profitable underwriting
• Client Service
• Quality Management
• Reporting