Technical Underwriting Analyst

1 week ago


Johannesburg, Gauteng, South Africa Absa Bank Limited Full time
Bring your possibility to life Define your career with us

  • With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary

Short Term Insurance Underwriting (non-FAIS role), Personal Lines minimum 3 Years Experience, Analyze data to take the relevant Portfolio actions to manage the overall performance of the book

Job Description:

Short Term Insurance Underwriting (non-FAIS role), Personal Lines minimum 3 Years Experience, Analyze data to take the relevant Portfolio actions to manage the overall performance of the book

  • Initiate change requests followed by system testing for implementation
  • Manage underwriting referrals Remediate unfavorable risks and multi-claimants by means of Portfolio Management
  • Analyze portfolios in terms of client and broker performance to achieve targeted loss ratios
  • Collaborate with claims professionals to assess and analyze claims data, identify trends, and make underwriting adjustments accordingly
  • Provide guidance and support to junior underwriters, sharing knowledge and expertise to enhance overall team performance
  • Stay updated with industry trends, market conditions, and regulatory changes impacting the short-term insurance sector in South Africa
  • Conduct competitor analysis to assess market positioning, product offerings, and pricing strategies
  • Make recommendations to senior management regarding product development, pricing adjustments, and underwriting enhancements
Education

Bachelor's Degrees and Advanced Diplomas:
Business, Commerce and Management Studies (required)

  • Absa Bank Limited reserves the right not to make an appointment to the post as advertised_


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