Jobs Career Advice Signup
X

Send this job to a friend

X

Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Mar 28, 2022
    Deadline: Not specified
    • @gmail.com
    • @yahoo.com
    • @outlook.com
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    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

     

    Underwriter: Professional Indemnity

    What will you do?
    This career opportunity is available at SHA Risk Specialists a division of Santam for the Underwriter: PI, who will be based in Johannesburg, Illovo.

    What will make you successful in this role?

    Underwriting

    • Underwrite and manage a portfolio of existing and new business, which may be complex in nature, including all tasks associated therewith but not limited Underwriting Governance which includes detailed risk evaluation and assessment, coverage and exposure analysis, pricing determination, detailed claims analysis (understanding loss ratios and claim trends) and wording review & negotiations within underwriting authority.
    • Refer and acquire sign-off relating to matters falling outside of own authority, in accordance with authority matrix.
    • Adherence at all times to the authority matrix, departmental protocols and procedures, including Underwriting Governance provisions.
    • Detailed explanations regarding changes with respect to terms/ underwriting stance.

    Marketing

    • Visit brokers to discuss renewals and new business with a focus to build relationships and develop market presence.
    • Feedback on market intelligence.

    Client Liaison (Internal and External)

    • Respond to queries and resolve to the satisfaction of the affected parties within the scope of authority and / or responsibility.
    • Prepare for and attend meetings.

    Financial

    • Meet budget responsibility for a book of business.
    • Monitor renewals, lapsed policies and new business with monthly report back.
    • Ensure we maintain a 2.5% Cancellation Reserve

    Strategic Input

    • Provide strategic input for relevant business area if and when required.

    Staff

    • Mentor and provide technical training of current and new staff if and when required. 
    • Assist Underwriting Head in the day-to-day management of staff on underwriting matters and other issues if and when required.
    • Assist with performance management of staff if and when required.

    General Administration

    • Follow up on quotations and renewals.
    • Adhere to follow internal Rater computation. 
    • Adhere to internal capturing system in accordance with organisation standards, processes and processes. 
    • Accountability to sign and check policy documentation.
    • Handle accounts/ telephonic queries.
    • Assist with credit control when required.
    • Production and/or sign-off of reports within stipulated timeframes.
    • Attend to daily administrative routine tasks in accordance with organisational standards, processes and procedures.
    • Attend to the typing of general correspondence if and when necessary.
    • Assist team colleagues with ensuring services level agreements.

    Qualifications and Experience

    • Matric
    • Appropriate degree and/or insurance related qualification.
    • FAIS compliant
    • 5 years PI underwriting experience 

    Method of Application

    Interested and qualified? Go to Santam Insurance on careers.sanlamcloud.co.za to apply

    Build your CV for free. Download in different templates.

  • Send your application

    View All Vacancies at Santam Insurance Back To Home

Subscribe to Job Alert

 

Join our happy subscribers

 
 
Send your application through

GmailGmail YahoomailYahoomail