Underwriting Intern X2 (24 Months) - Sandton at Sasria

Job Advert Summary    
The incumbent will be required to work closely with the underwriter and Specialist for training, coaching and guidance, on the following underwriting tasks:

• Development and review the Sasria policy wordings and guidelines to ensure consistency in the management of the Sasria business by the Agents.
• Dissemination of product knowledge to the industry.
• Product development and enhancement.
• Loss ratio management.
• Managing technical queries from the industry.
• Ensuring that product pricing is in line with the risk exposure.

Minimum Requirements    
Minimum Qualifications:

• Bcom in Business management, Risk Management or Insurance.
• National Senior Certificate / Matric.

Minimum Experience:

• None (should however be able to demonstrate professionalism, hard-work and be able to grasp concepts swiftly).

Please note that preference will be given to people with disabilities.

Duties and Responsibilities    
Strategic Alignment 

• Increasing capacity and knowledge of Sasria business in order to have skills to tap into whenever the need arises.

Underwriting management

• Participate in reviewing terms and conditions of products.
• Participate in reviewing our regulations and policy wordings to ensure they remain relevant and up to date.
• Assist in monitoring the loss ratio movement per class of business.
• Monitor and report multi claimants.
• Assist in handling e-mail queries from our stakeholders.
• Participate in conducting research on possible new products and enhancement of existing ones through interactions with the market.
• Participate in the review of product information on our website to ensure its relevance.
• Understand and adhere to client and staff relationships through individual contacts and group meetings.
• Pursues professional development opportunities, including external and internal training and where possible be able to share information gained with co-workers.

Risk management

• Contribute in identifying emerging risks.
• Contribute in establishing required controls to mitigate Underwriting risk.

Training and Support

• Active involvement in development of own skills, through agreeing performance development plan to improve technical and soft skills.

Perform ad hoc tasks

• Perform any reasonable ad hoc tasks as and when required by the organisation.