Underwriter at Bryte Insurance Company Limited

Key Tasks & Accountabilities

• Full commercial risk assessment (financials, loss ratios, surveys).
• Accept/decline/amend risks within authority.
• Pricing aligned to profitability.
• Underwriting governance & reinsurance alignment
• Assessing underwriting documents, analysing risk exposure changes, reviewing contracts, and determining premiums.
• Developing policy terms, evaluating risk, using actuarial data/software, and defining coverage.
• Broker-facing underwriting (quoting, renewals, amendments).
• Achieve targeted underwriting profit by assistance and performance of underwriting skills by underwriting medium to high complexity risk
• Growth and retention of business
• Contribute to proposition development
• Provide qualitative service levels to internal and external stake holders
• Teamwork

Policy Administration

• Issuing schedules, endorsements, renewals with SLA adherence.
• Compliance with internal and regulatory frameworks.
• Processing policies, renewals, cancellations, confirmations, amendments.
• Ensuring accuracy of documents, reviewing changes in exposure, and minimising risk.

Portfolio & Performance Management

• Monitoring broker books (loss ratios, retention, growth).
• Identifying underperforming accounts and corrective action.
• Handling broker queries.
• Assisting with claims, analysing loss ratios for specific accounts.

Broker & Client Relationship Management

• Broker relationship management (meetings, negotiations, support).
• Providing technical guidance.
• Supporting brokers, assisting with complex risks.
• Promoting company capabilities, assisting brokers with underwriting matters and claims.

Technical Expertise & Professional Development

•  Staying updated with trends.
•  Providing technical mentorship.
•  Contributing to guideline and product development.
•   Staying current with industry trends and developments.
•   Ability to understand client needs and risk profiles.

Qualifications & Experience

• Grade 12
• Authority limits, reinsurance, compliance reporting.
• RE5, FSCA requirements (no debarment), NQF 4 or 5 depending on seniority.
• FAIS compliance and insurer-specific product competency.
• Minimum of 5-10 years technical commercial expertise in underwriting
• Must have RE5