Portfolio Manager-Sapphire Marine at Bryte Insurance Company Limited

Key Tasks & Accountabilities

• Risk Assessment: Analyze and assess risks associated with marine insurance proposals, including cargo, hull, and marine liability.
• Policy Underwriting: Within delegated authority, review submissions, determine coverage, set premiums, and draft policy terms and conditions in line with company guidelines and regulatory requirements.
• Portfolio Management: Monitor and manage the performance of the allocated marine insurance portfolio, ensuring profitability, including credit control and compliance.
• Business Retention and New Business: Maintain and enhance broker relationships to renew existing portfolio and generate new business opportunities.
• Client Interaction: Liaise with brokers to gather information, negotiate terms, and provide expert advice on marine insurance products.
• Claims Support: Collaborate with claims teams to review and analyze claims, providing technical input and recommendations as required.
• Market Research: Stay updated on market trends, emerging risks, and regulatory changes affecting marine insurance.
• Documentation: Maintain accurate underwriting records, reports, and documentation for audit and compliance purposes.
• Team Collaboration: Work closely with team underwriters and others to share knowledge and best practices.

Qualification & Experience

• Matric/NQF level 4
• Insurance qualification/ Advanced diploma
• FAIS compliant
• 5 years Marine Insurance Experience
• Advanced competency in Marine Insurance underwriting
• Valid driver license