Commercial Underwriting Analyst at Santam Insurance

Santam’s Commercial Underwriting Business Unit has a vacancy for a Commercial Underwriting Analyst. The successul incumbent can be based anywhere within South Africa.
The Primary Purpose Of This Role Is

• To design and provide regular management information reports and conduct detailed underwriting analysis for Underwriting Services and the C&P business units
• To monitor performance, determine trends, do book reviews for both new book acquisitions as well as unprofitable portfolios, determine high risks and exposure, raise alarm bells where required etc. and assist in deciding on corrective actions to ensure that we achieve the Commercial growth and profit targets.
• Perform underwriting analyses as requested by Commercial Underwriting Manco members

What will make you successful in this role?

• Drive achievement of Growth and Profit targets of C&P Commercial
• Monthly analysis and reports to Commercial Underwriting, Broker Services and Namibia
• Ad hoc analysis and reports to Commercial Underwriting, Broker Services and Namibia
• Engagement visits to each region to drive growth & profitability by sharing data insights, frameworks, providing benchmarks and developing action plans
• Prepare presentations, written reports etc. with statistical data which will be used to enable business decisions
• Provide meaningful advice and recommendations for corrective actions
• Engagement with IT Information Management to provide guidance on the design of monthly underwriting reporting requirements and communication of changes in Business Information to relevant stakeholders
• Analyse and build complex and unique statistical models for various sets of data on a regular basis to determine business trends
• Automation of standard monthly reporting, as well as new analytical reports produced from time to time
• Initiate efficiency solutions
• Responsible for quality delivery of data solutions
• Testing and sign-off of information solutions delivered
• Manage and track change requests to fulfilment
• Act as Proxy Product owner on various products

Qualification And Experience

• Degree in data science or programming, i.e. formal education in data analysis
• FAIS requirement: 60 credits in terms of Commercial lines
• Higher Certificate in the Short Term Insurance Program
• Minimum 5 years’ experience in data analyses
• Ideally 5 years of experience in Short term Insurance with experience in underwriting and analysis

Skills And Knowledge

• Relevant data science skills
• Relevant Computer programming skills and advanced Excel
• Financial acumen
• Legacy systems
• Guidewire
• Business Objects
• Qlikview
• Qliksense
• Newsstand
• Cognos
• DHIC
• Pragmatism
• Navigating ambiguity
• An understanding of commercial underwriting and data requirements
• Information-seeking to dive deeper and determine causes of poor performance
• Profitable Underwriting
• Coaching, training and quality management
• Reporting and adhoc Meetings Quality, compliance

Competencies

• Attention to detail
• Change leadership
• Effective communication
• Analytical orientation
• Drives Results
• Problem solving
• Strategic thinking
• Flexible and Adaptable
• Conceptual thinking
• Information-seeking to dive deeper and determine causes of poor performance
• Cultivates Innovation
• Profitable Underwriting
• Client Service
• Coaching, training and quality management
• Reporting and adhoc Meetings
• Manages Complexity
• Persuasion
• Action Orientated
• Business Insight