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  • Posted: Nov 12, 2020
    Deadline: Nov 18, 2020
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    Santam Limited is the largest short-term insurer in South Africa, with a market share in excess of 22%, providing short-term insurance products through broker networks and direct sales channels. The company was established in 1918 and offers personal, commercial, and corporate insurance solutions. Santam is a subsidiary of Sanlam Limited and has been listed ...
    Read more about this company


    Reinsurance Underwriting Assistant

    What will you do?

    • The Santam Reinsurance team has a position available for an Reinsurance Underwriting Assistant who will be based in our offices at Tygerpark, Cape Town.

    Principle Accountabilities Include

    • The core responsibility for this role will be to support the Territorial Head and Reinsurance Underwriting team in the underwriting and management of the Central and Eastern Europe (CEE) portfolio, by providing analytical and administrative support. The day to day tasks will involve:
    • Analysing and assessing reinsurance treaties, using a range of actuarial, statistical and accounting principles
    • Analysing contract wordings
    • Provide administrative support ensuring our service levels remain high.
    • Work independently on research projects throughout the year
    • Updating and managing internal databases / reports for CEE region
    • Build and maintain effective relationships with internal and external stakeholders by communication and by travelling with the Territorial Head on market visits and to reinsurance conferences
    • This role requires strong technical ability together with interpersonal skill and the ability to market Santam Reinsurance internationally

    Qualification And Experience

    • Undergraduate qualification (with a strong focus on mathematics or statistics)
    • Post graduate qualification would be advantageous
    • Polish or Russian would be advantageous
    • Candidates with up to 0 - 3 years’ experience will be considered
    • Willingness to work over the Christmas and Easter Holiday period
    • Willingness to travel internationally once trained


    • Ability to analyse data, draw conclusions and make recommendations
    • Ability to analyse contract wordings, draw conclusions and make recommendations
    • Candidate needs to be comfortable working with Excel , MS Word and PowerPoint
    • High level of numerical ability
    • Knowledge of the Reinsurance industry is advantageous
    • Knowledge of the insurance or financial services industry
    • Ability to write in a professional manner
    • Ability to be proactive and take ownership of tasks


    • Comfortable working with numbers/statistics
    • Comfortable working with contract wordings
    • Ability to work to tight deadlines and under pressure
    • Ability to work flexible working hours
    • Must be pro-active and take ownership of tasks
    • Willingness and desire to learn
    • Good work ethic
    • Excellent written and verbal communication skills and ability to communicate at various levels within the organization
    • Ability to work with a high degree of independence and take ownership of tasks
    • Ability to multi-task
    • Solid interpersonal and relationship building skills
    • Good planning and organizing skills
    • Time management


    • Cultivates Innovation
    • Client Focus
    • Drives Results
    • Collaborates
    • Flexible and Adaptable
    • Ability to analyse data and provide opinions
    • Ability to analyse contract wordings and provide opinions
    • Profitable Underwriting
    • Client Service
    • Quality Management
    • Reporting and
    • Strong attention to detail
    • Relating and networking

    Method of Application

    Interested and qualified? Go to Santam Insurance on to apply

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