Underwriting Manager Sandton

1 week ago


Johannesburg, Gauteng, South Africa The Recruitment Council Full time
Our client a leading Banking and Finance Giant, has a fantastic opportunity for an Underwriting Manager to manage who will plan and control the Underwriting Department to profitably grow the risk book on an underwriting and administration basis; in line with the company's business strategy

Job Responsibilities:

  • Ensure the implementation and development of underwriting management strategies.
  • Manage and monitor short term underwriting requirements and decisions to ensure cost effectiveness of pricing.
  • Provide input into budget determination around headcount and cost of landing business.
  • Ensure transformational targets are met.
  • Contribute to a culture of transformation by participating in the company's culture building initiatives, business strategy, and CSI.
  • Stay abreast of developments in field of expertise, ensuring personal and professional growth.
  • Lead organisational change initiatives by providing direction and aligning to strategy and culture.
  • Ensure issues raised in culture surveys are addressed and results are improved.
  • Deliver a world class service through others by ensuring a client centric culture through required interventions.
  • Identify areas of resource inefficiencies and promote optimization through multiskilling and addressing capacity gaps.
  • Manage adherence to agreed SLAs.
  • Update any service agreement / contracts in place as and when required, including annual review.
  • Make formal presentations to all business stakeholders to promote and enhance stronger business relationship.
  • Collaborate with internal and external clients through attending business meetings and presentations and attending underwriting specific seminars.
  • Manage and monitor short term underwriting decisions.
  • Accept and authorize high levels risks within company guidelines.
  • Develop, implement and update the underwriting rules outcomes based on current approach to specific impairments.
  • Conduct underwriting audits biannually to ensure underwriting philosophy and decisionmaking in keeping with the risk appetite.
  • Ensure automated workflow within the administration system is delivering the desired outcome.
  • Optimize efficiency and embed correct values by ensuring direct reports understand and support the company's vision, values and strategy.
  • Manage performance of direct reports and hold them accountable for managing the performance of their reports by implementing performance agreements and ensuring a clear vision.
  • Maintain a high performing team by identifying a talent pool through conducting career conversations and using the talent grid principles and developing talent retention programmes.
  • Build depth of skills and knowledge in the team.
  • Ensure continuous improvement goals are achieved.
  • People Specification

Qualification:

  • Bachelors Degree in Insurance or Risk Management or similar qualification (NQF 7)
  • Higher Certificate or Advanced Certificate in Short Term Insurance and/ or Underwriting qualification


RE5 and/or RE
  • Essential Certifications
  • FAIS Regulatory Examination 1 qualification
  • Membership of the Insurance Institute of South Africa (AIISA)
  • Preferred Certifications
  • Membership of the Insurance Institute of SA (AIISA)

Experience:

  • 7 to 10 years in Short Term Underwriting (Personal Lines) with a minimum of 3 years in a Senior underwriter / management role.

Technical / Professional Knowledge:

  • Business administration and management
  • Change management
  • Financial Accounting Principles
  • Governance, Risk and Controls
  • Organisational behaviour theory
  • Relevant regulatory knowledge
  • Strategic planning
  • Management information and reporting principles, tools and mechanisms
  • Quality management and lean methodologies
  • Medical and Financial Knowledge
  • Behavioural Competencies
  • Adaptability
  • Aligning Performance for Success
  • Coaching
  • Decision Making
  • Building partnerships
  • Driving for Results
  • Planning and Organizing

  • Underwriter

    1 week ago


    Johannesburg, Gauteng, South Africa Affirmative Portfolios Full time

    InsuranceJHB North***: Strategy and Underwriting - 5 Month Temp ContractR443 700p/a - SandtonPurpose of the post To perform underwriting administration tasks and assist in the implementation of underwriting rules and regulations Reviewing terms and conditions of products on an ongoing basis Handle queries and provide technical assistance to our brokers and...

  • Underwriter

    1 week ago


    Johannesburg, Gauteng, South Africa The Corporate Circle Full time

    Job OverviewExpiration date:3 March 2024Location:Johannesburg, GautengJob Title:UnderwriterSalary:R20,000Education Level:High School / MatricJob Level:IntermediateMinimum Experience:5 YearsUnderwriter job vacancy in Sandton, Johannesburg.Requirements: Matric. At least 3 years underwriting experience with excellent analytical and problem solving skills....


  • 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...


  • 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...


  • Johannesburg, Gauteng, South Africa Bryte Insurance Full time

    Who we areOur opportunityThe role holder is responsible for management of employees and implementation of processes and procedures relating to all Underwriting functions. The incumbent maintains profitability through corrective actions, risk mitigation, management of multi-claimants of loss-making portfolios as well as effective portfolio management.Key...


  • Johannesburg, Gauteng, South Africa Nedbank Full time

    Job Classification- REQ:Refilwe Falatsi:- Closing Date:21 August 2023:- Division: Nedbank Insurance:- Functional Unit:Client Solutions:- Employment Equity Statement: Preference will be given to Individuals from underrepresented groups:- NB: This role will be focused on "nonLife" underwriting. Job Family Risk, Audit and Compliance Career Stream Underwriting...


  • Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition Contact REQ Twanette Coetser Closing date 21 November 2023Cluster & Location Total Business Banking and Retail Client Value Management Mid-Corporate 135 Rivonia Road, SandtonCareer Stream Credit ManagementLeadership Pipeline Manage FunctionExecutive: Mid-Corporate UnderwritingJob Purpose Provide strategic direction...


  • Johannesburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionDear Future, Underwriting SpecialistYour role requires you to provide leadership, support, training, guidance and development to the medical underwriting team to ensure that the team complies with goals, objectives and standards of the organisation in order to meet customer satisfaction, deadlines and manage the risk of the organisationDear...


  • 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 Underwriter

    1 week 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...


  • Johannesburg, Gauteng, South Africa Bryte Insurance Full time

    Our opportunityThe role of the underwriter is to analyses and underwrite new and existing policies 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...

  • Junior Underwriter

    1 week ago


    Johannesburg, Gauteng, South Africa PPS Recruitment Full time

    Job Advert Summary:This role reports to the Team Manager: Underwriting. The Junior 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 underwriting queries and/or complaints providing an excellent service...

  • Life Underwriter

    1 week ago


    Johannesburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionDear Future, Life UnderwriterAre you someone who can: Manage medical, occupation, part- time activities, travel & Financial Underwriting standard and substandard cases for: Disability and Critical Illness Underwriting, Income Protection, Business Cover, Group Risk, Alterations & Queries Ensure placement of cases according to reinsurance treaty...

  • Life Underwriter

    1 week ago


    Johannesburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionDear Future, UnderwriterAre you someone who can: Manage medical, occupation, part- time activities, travel & Financial Underwriting standard and substandard cases for: Disability and Critical Illness Underwriting, Income Protection, Business Cover, Group Risk, Alterations & Queries Ensure placement of cases according to reinsurance treaty and...


  • Johannesburg, Gauteng, South Africa Sanlam Full time

    Who are we?Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. Our success is rooted in our passion for our clients and everything we do is centred on...


  • Johannesburg, Gauteng, South Africa Bryte Insurance Full time

    Who we areOur brand is reflective of our long-standing heritage, our track record of proven expertise and our unparalleled sector insights. The choice we have made for the physical iteration of the brand is based on light - shining the light on risk and understanding risk from the smallest detail to the biggest picture. We passionately subscribe to the idea...

  • Senior Underwriter

    1 week 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...

  • Chief Underwriter

    1 week ago


    Johannesburg, Gauteng, South Africa FirstRand Full time

    About us, purpose, experience and qualificationsabout us:- make a promise- be deeply invested- value our differences- build trust, not territory- have courage- always do the right thingpurpose: Responsible for the management, planning and control of the underwriting division. Applied knowledge and expertise in systems, market interface and financial...


  • Johannesburg, Gauteng, South Africa Six Sense Full time

    Gauteng, JHB - Northern Suburbs Annually Cost To Company (Market related)A well-established short term insurer seeking to appoint Technical UnderwriterThe Technical Underwriter will perform technical underwriting tasks and participate in the implementation of underwriting terms and conditions for policy holders and implementationof rules and regulations for...

  • Life Underwriter

    1 week ago


    Johannesburg, Gauteng, South Africa AllLife Insurance Full time

    AllLife is looking for passionate and energetic Life Underwriter with experience in Long Term InsuranceWe are looking for an enthusiastic Life Underwriter who would like to grow and develop their technical and medical experience and knowledge within a unique, dynamic and fast changing organisation.Purpose of the RoleProvide concise feedback and...