Manager: Underwriting

1 month ago


Centurion, South Africa Edge Executives Full time
Requirements:
  • Honours BCom in Accounting, Finance, Business Management, Risk Management and Insurance
  • 8-10 years Life and/or Short term insurance underwriting experience
  • 8-10 years Insurance operating system experience
  • Underwriting and administration
  • Maintenance of policies in an operating system
  • Quality Assurance
Key areas:
  • Develop and manage budget
  • Manage expenditure and ensure no fruitless expenditure
  • Adhere to financial guidelines and thus ensure proper control over expenditure
  • Pursue divisional targets and manage the financial health and stability of division
  • Analyse the business plan to determine the applicable deliverables and targets
  • Compile the Performance Management documentation in collaboration with the staff
    member in terms of:
  • Job Profile requirements
  • Key Performance Areas
  • Manage underwriting performance of outsourced and binder mandates in line with internal guidelines and company processes
  • Initiate corrective actions where required to maintain quality standards.
  • Provide integrated long-term solutions and strategies for dynamic portfolio management to deliver profitable growth
  • Make authoritative decisions about technical underwriting and business enhancement solutions that would significantly improve business performance.
  • Develop and maintain underwriting guidelines aligned to the risk appetite of the business
  • Develop processes and procedures to ensure that business is underwritten in accordance with set standards and rates.
  • Demonstrate a high degree of knowledge regarding underwriting quantitative and qualitative tools.
  • Review, benchmark and update policy cover, policy wording, general terms and conditions


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