Senior Facultative Underwriter

7 days ago

Johannesburg, Gauteng, South Africa Munich Re Full time
Senior Facultative UnderwriterCareer Level 4

Company
Munich Re

Location
Johannesburg, South Africa

YOUR BUSINESS UNIT


The Facultative Team is responsible for underwriting and ensuring the profitability of the single-risk facultative reinsurance portfolio for Property, Engineering, and Casualty risks in South Africa and Sub-Saharan Africa.


YOUR TEAM


The Property Facultative Team is a dynamic team of professionals who tackle the various opportunities and challenges associated with client management, market relationships, lead generation, pricing, underwriting, monitoring, and managing Munich Re's sub-Saharan facultative portfolio.


YOUR JOB

  • Developing and growing a sustainable book of business and exploiting new business potentials through active development of relationships with clients and brokers in South Africa, Sub-Saharan Africa and in major international markets
  • Portfolio management, Quality assurance and Technical consultation for the underwriting team and for allocated national or regional markets.
  • Support in development of strategy for allocated national or regional markets
  • Underwriting of facultative property business, including assessing of risk, evaluating and providing reinsurance terms and conditions, in accordance with the applicable underwriting authority, underwriting guidelines, internal directives, targets and client strategies.
  • Organizing and conducting seminars/workshops for clients and internal staff, providing clients with valueadded services.
  • Organizing and conducting surveys of large/complex property risks for clients, including preparing internal and external reports (if required).
  • Assisting the treaty team in evaluating special treaty acceptance requests team from a technical point of view as and when required.
  • Investigating and evaluating portfolio performance and market analysis.
  • Maintaining and expanding technical and market knowhow.

YOUR PROFILE

  • Business degree and/or suitable insurance qualifications such as ACII/AIISA
  • Minimum of 10 years professional experience in Facultative / Single Risk Property (Re) Insurance.
  • Experience in International markets and with complex Facultative placements is preferred
  • Passion to actively seek out and conclude business opportunities.
  • Conscientious business acumen, creativity.
  • Expert communication, negotiation and presentation skills.
  • Good IT and analytical skills.
  • Entrepreneurial mind set with a passion for conducting business across the African continent.

Our Benefits:

  • Life and Health Benefits.
  • Retirement Benefits.
  • Hybrid working environment.
  • Bonus Scheme.
  • Employee Assistance Program.
  • Wellness Programs.
  • Global Mobility.

You will work in an environment where we aspire to think big: Change and culture are challenged. We communicate a compelling and shared purpose and direction. We pave the way towards success and see failure as learning.

You are going to experience that we care & dare:We are empathetic
. We know when to lead and know when to let others lead. We attract, grow and coach future leaders.

We aim to communicate in a clear & authentic way: We solicit feedback, ask and listen, learn and unlearn.

We lead the We:
We have a passion for winning and growing as a team. We inspire people to deliver a joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged.

LI-Hybrid #Reinsurancejobs

This is a permanent position and is based in Johannesburg, South Africa.

About Munich Re:


Founded in 1880, Munich Re Group is on the world's leading providers of primary insurance, reinsurance and insurance related risk solution.

As pioneers in risk assessment, we promote the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge.

From space rocket launches to cyber-attacks, from high net worth individual life cover to pandemic, we take care of risk, so our clients can take care of their business.


Disclaimer:

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought.

This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed.

And at the centre of this interaction is each of us.

  • Junior Facultative Underwriter Property

    7 days ago

    Johannesburg, Gauteng, South Africa Swiss RE Full time

    About the roleIs underwriting your passion? Would you like to use and broaden your underwriting knowledge in one of the best reinsurance companies in the world? Does the interaction with clients excite you?Join our team. We are looking for a highly motivated, ambitious Facultative Underwriter Property for the Southern- and South-African markets.As an...

  • Underwriter X2: Emerald

    7 days ago

    Johannesburg, Gauteng, South Africa Santam Full time

    What will you do?Emerald a subsidiary of Santam has 2x positions available for Underwriter who will be based in Fourways, Johannesburg.The individual will be responsible for managing the underwriting of new and renewal corporate property insurance business.What will make you successful in this role?The role includes, but not limited to the following;Enhance...

  • Senior Manager: Commercial Underwriting Sandton

    7 days ago

    Johannesburg, Gauteng, South Africa The Recruitment Council Full time

    Responsibilities:Underwriting: Provide integrated longterm solutions and strategies for a significant area of responsibility. Make authoritative decisions about technical or professional underwriting and business enhancement solutions that would significantly improve business performance. Introduce underwriting rules on the acceptance of business. Resolve...

  • Senior Underwriter

    7 days ago

    Johannesburg, Gauteng, South Africa American International Group Full time

    Senior Underwriter - Commercial Property page is loaded Senior Underwriter - Commercial Property Apply locations Johannesburg time type Full time posted on Posted 3 Days Ago job requisition idJR PURPOSE OF THE ROLE:Under general direction, underwrites assigned risks. Generally has greater underwriting authority and handles larger accounts and/or more complex...

  • Broker

    7 days ago

    Johannesburg, Gauteng, South Africa Aon Corporation Full time

    Posting Description:Broker - Reinsurance FacultativeDo you have Facultative experience? Are you passionate about clients? Read onAon Reinsurance Solutions Africa is recruiting a Broker in our Facultative department, based on a hybrid basis, from our offices in Sandton.The primary role of the broker is to negotiate the best possible prices and capacity for...

  • Underwriter: Accident

    7 days ago

    Johannesburg, Gauteng, South Africa Santam Full time

    What will you do?This career opportunity is available at SHA Risk Specialists a division of Santam for the Underwriter: Accident & Health, who will be based in Johannesburg: Illovo. What will make you successful in this role?Underwriting and Monitoring DutiesUnderwrite new business, which may be complex in nature, including all tasks associated therewith but...

  • Senior Underwriter

    7 days ago

    Johannesburg, Gauteng, South Africa Ultra Personnel Full time

    Degree or similar6+ years underwriting experience in long term insurance4-5 years insurance industry experienceSound medical & life assurance knowledgeFluent in English both written and verbalGood computer knowledge - MS Outlook, Excel and Word are necessaryProcess optimization and efficienciesTo underwrite cases within the agreed service level...

  • Senior Liaison Underwriter

    7 days ago

    Johannesburg, Gauteng, South Africa PPS Recruitment Full time

    Job Advert Summary:This role reports to the Executive Underwriter. The Liaison Underwriter is responsible for underwriting life, disability, critical illness, sickness and permanent incapacity cover within agreed underwriting authority limits.This role is crucial in building strong rapport with brokers to stay competitive in the dynamic market we operate in....

  • Senior Underwriter

    7 days ago

    Johannesburg, Gauteng, South Africa AIG Full time

    PURPOSE OF THE ROLE:Under general direction, underwrites assigned risks. Generally has greater underwriting authority and handles larger accounts and/or more complex risks than the Underwriter position.Technical UnderwritingUnderwrite business within underwriting authority through a rigorous risk assessment process which includes consideration of loss...

  • Senior Underwriter

    7 days ago

    Johannesburg, Gauteng, South Africa AIG Full time

    PURPOSE OF THE ROLE:Under general direction, underwrites assigned risks. Generally has greater underwriting authority and handles larger accounts and/or more complex risks than the Underwriter position.Technical UnderwritingUnderwrite business within underwriting authority through a rigorous risk assessment process which includes consideration of loss...

  • Senior Underwriter

    7 days ago

    Johannesburg, Gauteng, South Africa AIG Full time

    PURPOSE OF THE ROLE:Under general direction, underwrites assigned risks. Generally has greater underwriting authority and handles larger accounts and/or more complex risks than the Underwriter position.Technical UnderwritingUnderwrite business within underwriting authority through a rigorous risk assessment process which includes consideration of loss...

  • Technical Executive Underwriter

    7 days ago

    Johannesburg, Gauteng, South Africa PPS Recruitment Full time

    Job Advert Summary:We are currently seeking a highly qualified individual for a senior position reporting directly to the COO. If you possess extensive experience in analyzing insurance risk, underwriting, and life insurance products, and demonstrate a self-driven attitude, this role could be an excellent fit for you.Minimum Requirements:Qualifications:...

  • Senior Underwriter: Motor Fleets

    7 days ago

    Johannesburg, Gauteng, South Africa Sanlam Full time

    What will you do? A Senior Underwriter will have the experience to carefully select, analyse and underwrite risks, in a costeffective manner and in accordance with company requirements, guidelines and governance, to ensure good risk selection and profitability and ensure business targets are met. They will support the leadership team with the daytoday...

  • Senior Underwriting Manager

    7 days ago

    Johannesburg, Gauteng, South Africa SyncNodes Full time

    Requirements: An undergraduate degree (BSc Eng, or similar) in the Built Environment. A postgraduate degree (MSc Eng, or similar) in the Built Environment. Certificate in Short-Term Insurance (or working towards it) RE 5 Certificate for Representatives (or working towards it) FAIS compliant (or working towards it) At least 10 years working experience in the...

  • Senior Accountant City Of Johannesburg Metropolitan Municipality

    7 days ago

    Johannesburg, Gauteng, South Africa Diggerapp Ltd Full time

    Senior Accountant City of Johannesburg Metropolitan Municipality Location: City of Johannesburg Metropolitan Municipality, Gauteng Our Client is at the forefront of proactive commercial risk management.They specialize in delivering innovative solutions that empower businesses to navigate risks with confidence and precision. Our Client fosters a culture of...

  • Senior Casualty Treaty Underwriter

    7 days ago

    Johannesburg, Gauteng, South Africa Believe Resourcing Full time

    About our Client: Join the ranks of the world's leading reinsurance company With over 40,000 employees across numerous global locations, our client has been a pillar of the insurance industry in South Africa for over 50 years. They are at the forefront of transforming how insurance is perceived, converting uncertainty into manageable risk and driving...

  • Senior Underwriter

    7 days ago

    Johannesburg, Gauteng, South Africa RGA Full time

    Position OverviewAn exciting position has become available for a well-groomed, self-motivated individual to join the RGA Underwriting Team.Responsibilities Primary responsibilities**: Medical and financial assessment of both individual and group business within acceptable internal Standards, turnaround times and the service level agreements with the clients...

  • Senior Commercial Underwriter

    7 days ago

    Johannesburg, Gauteng, South Africa Mirror Images Full time

    Gauteng, JHB - Northern Suburbs R Cost To Company (Plus Life cover and Provident Fund)An Insurance company based in Rivonia/Sandton is currently seeking a Commercial Underwriter to ensure the delivery of customer service excellence, within the ambit of the FSB Regulations and Underwriting Guidelines, the effective and efficient execution of processes and to...

  • Senior Underwriter

    7 days ago

    Johannesburg, Gauteng, South Africa Old Mutual Full time

    Description Responsible for risk evaluation, pricing and selection / rejection of renewal business for all assigned accounts within the portfolio. Research problems and take initiative in recommending solutions for customer and financial issues that will enable the organisation to profitably accept the risk that our policies cover.Responsible for risk...

  • Specialist: Underwriting and Claims

    7 days ago

    Johannesburg, Gauteng, South Africa PPS Recruitment Full time

    Job Advert Summary:This role reports to the Executive Underwriter. The Senior Life Underwriter is responsible for underwriting life, disability, critical illness, sickness and permanent incapacity cover within agreed underwriting authority limits.The incumbent will deal with technical and complex underwriting queries and/or complaints providing an excellent...