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  • Posted: Apr 12, 2023
    Deadline: Not specified
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    The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. From standard products to tailor-made coverage across all lines of busines...
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    Underwriting Analyst

    About the role:

    • As Underwriting Analyst, you will support our South African based Underwriting team in the handling of insurance business for corporates and their brokers. Duties and responsibilities directly impact productivity, process efficiency, timeliness, profitability and accuracy of the underwriting process as well as our service delivery to customers. This position may require occasional travel for business meetings or training.

     
    Your main tasks:

    • To accurately capture the terms and conditions of business written in our administration systems
    • To prepare and issue documents (binders, policies, endorsements and certificates) to our customers
    • To issue invoices where required, including Insurance Premium Tax calculations and the follow-up on outstanding premium positions in close collaboration with centralized Technical Accounting team
    • To support the Underwriting unit with renewal package preparation (deal analysis of renewal accounts) and endorsement triaging and preparation
    • To regularly interact with external customers and attend client and broker meetings

    Additionally you will:

    • Compile, sort, review and verify data accuracy using source documents, detect errors, and initiate correction while following-up with customer or process owner regarding any inconsistencies found
    • Follow-up on outstanding documents or items as per internal guidelines following standard operating procedures.
    • Support the preparation of internal reports for the South African entity
    • Support Business Continuity Planning and reporting in the location

     
    About the team:

    • In EMEA Operations we provide support to the Swiss Re Corporate Solutions (CorSo) Underwriting Teams in handling insurance and reinsurance business for corporations and/or their captives.
    • You will be joining the local South African team, having a variety of proficiencies, skills and experience, all committed to bring success to Swiss Re Corporate Solutions. In the role of Underwriting Analyst, you will work closely with the EMEA Operations teams in centralized and offshore locations as well as your peers in other EMEA locations.

     
    About You:
    You have:

    • a minimum of 3 years of relevant job experience and knowledge and understanding of Re/Insurance business, particularly in servicing and coordinating lead business with focus on International Programs
    • a Bachelor's or Master's Degree
    • Property Insurance Knowledge is a requirement, additional other line of business is a plus
    • strong analytical skills and attention to detail
    • the ability to prioritize, plan, coordinate and monitor personal work
    • excellent communication skills (reading, written and verbal) in English is a requirement
    • profound computer skills and experience with Microsoft Office Package (Special focus on Excel)
    • a relevant Insurance certification or diploma is a plus

    You are:

    • actively contributing to the team spirit and ability to build and maintain effective working relations with people in multicultural environment
    • a highly motivated individual with ability to work independently and proactively
    • accountable to deliver timely and accurate business processing also during peak times
    • able to adapt to fast growth, change and demand
       

    Method of Application

    Interested and qualified? Go to Swiss Re on careers.swissre.com to apply

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