Jobs Available at Bryte Insurance Company Limited

Key Tasks & Responsibilities

• Process book rated and claimed rated quotations
• Assist in building and maintaining pricing models using actuarial/statistical tools
• Analyse historical trends in claims, sales, and customer behaviour to identify pricing opportunities
• Support the pricing team in developing recommendations for new products or re-pricing existing offerings
• Collaborate with various external and internal stakeholders to support service delivery.
• Generate regular pricing and profitability reports for internal stakeholders
• Conduct competitor and market pricing analyses
• Ensure pricing practices adhere to regulatory and governance requirements

Qualifications & Experience

• Bachelor’s degree in actuarial science, Statistics, Mathematics, Data Science, or related field
• 0–2 years of relevant work or internship experience
• Progress toward actuarial exams (if applicable)
• Familiarity with Excel, R, Python, SQL, Power BI or similar tools (Advantageous)

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Key Tasks & Accountabilities

• Produce a Business Plan that reflects market opportunities for area of responsibility
• Produce a Sales plan that demonstrates how to identify, develop and manage prospects
• Underwrite and accept risks within delegated authority to achieve effective implementation of business
• Grow and retain Bryte Sales target to ensure the GWP and profitability targets are met
• Track Productivity levels in the required format
• Deliver and enhance the highest level of client satisfaction by working with Brokers to map and determine their business needs in delivering superior client service
• Strategically analyse the Brokers’ business plan and develop future business opportunities
• Develop the Broker panel whereby the Business Development Growth targets are achieved through influence and persuasions
• Ensure that technical and operational underwriting standards, procedures and controls are complied with
• Implement agreed underwriting measures to attain targeted loss ratios and rates
• Ensure adherence to the Regional Team’s Sales plan
• Adherence to the current Bryte current risk acceptance criteria.
• Adherence to the current Bryte reinsurance capacity.
• Adherence to the current Bryte risk classification.
• Adherence to the current Bryte decline risks.
• Adherence to Bryte approved pricing and underwriting tools.

Stakeholder Management

• Regional Managers
• National Portfolio Manager
• Core business functions within Bryte
• Wider Bryte Insurance Group stakeholders
• Brokers

Qualifications & Experience

• Minimum 5 years short term insurance industry experience and sound experience in Sales with a strong presence in the Broker community.
• Technically competent in Engineering Products and underwriting principles
• FAIS compliant
• Valid Driver’s License