Jobs at Bryte Insurance Company Limited

Our opportunity

The role of the Bryte CL Underwriter (Centre of Excellence Quoting) is to analyse and underwrite new business effectively within delegated authority limits to achieve agreed levels of underwriting performance by providing technical underwriting support and assistance.
To provide high quality service and solutions to brokers and customers to ensure business retention and profitable growth.
To provide effective qualitative underwriting and to demonstrate specialized product knowledge and to be a mentor to Junior Underwriting technicians.

Key Tasks & Accountabilities

• Perform new business quotations within agreed service level agreements.
• Perform screening of new business quote requests according to set guidelines.
• Achieve agreed new business conversion ratios.
• Perform reinsurance calculations and referrals thereafter.
• Achieve targeted underwriting profit by assistance and performance of underwriting skills by underwriting medium to high complexity risks.
• Growth of business
• Contribute to proposition development.
• Provide qualitative service levels to internal and external stake holders, treat customer fairly.
• Teamwork

Qualifications & Experience

• Grade 12
• Minimum of 3 years technical expertise in underwriting, preferable in commercial underwriting 
• FAIS compliant, 60 credits
• Must have RE
• Local languages, including Afrikaans an added advantage (to give the team a balance)
• Experience with TIA system crucial.

Knowledge

• Sound understanding and knowledge of South African Insurance/re-insurance market.
• Sound knowledge of how to optimise underwriting performance at a policy and portfolio level.
• Sound knowledge of statutory and legislative requirements
• Expert technical knowledge and understanding of underwriting principles.

Skills

• Good relationship building skills.
• Excellent verbal and written skills
• Strong People management skills
• Strong Numeracy skills
• Strong underwriting skills
• Strong analytical skills
• Strong leadership skills
• Sound interpersonal skills.
• Computer literacy: sound Excel skills preferable
• Leadership
• Problem solving
• An eye for Opportunities

Attributes

• Problem solving
• Technical expertise
• Analysis
• Concern for Excellence
• Customer Service Orientation
• Delegation
• Developing Organisational Talent
• Diversity Management
• Engagement: Impact/presence/rapport

go to method of application »

Our opportunity

The provision of timely & accurate management of the reinsurance accounting function from system set up to capturing and reporting, as well as business partnering insights to the Bryte Leadership Team.

Key Accountabilities

Functional Management

You would be required to assist in all aspects of the reinsurance accounting duties, including but not limited to:

Reinsurance technical accounting

• General ledger maintenance, including preparation of journal entries and analysis of accounts
• Reconciliations of all reinsurance accounts
• Reinsurance Statement of Accounts
• Cash management
• Monthly reinsurance reporting to stakeholders
• Analysis of results and balances
• Assistance with the new reinsurance system implementation
• Preparation of reinsurance treaty statistics
• Streamlining of processes
• System set-up and testing of reinsurance treaties
• System set-up and testing of facultative contracts
• Change champion with regard to systems implementation.

Stakeholder Management

Stakeholders include

• Functional Business Heads
• Finance department
• Reinsurance underwriting department
• Exco
• Reinsurers and Brokers

Leadership Accountabilities

• Model behaviors that demonstrate commitment to Bryte’s guiding principles.
• Take action to manage own personal development and encourage others to do the same.

Education and Experience

• B.Com Accounting Degree
• Minimum 3 years’ experience in finance roles in the insurance industry, preferably in reinsurance

Capabilities

• Analytical
• Financial management
• Collaboration
• Initiative
• Problem solving
• Strategic thinking
• Knowledge sharing
• Effective communication with internal and external stakeholders
• Detail oriented, accurate and organized
• Prioritize tasks and complete duties within a specified time frame.
• Strong Microsoft Excel skills