Underwriter: Financial Lines

2 weeks ago


Johannesburg, South Africa Santam Full time

What will you do?

This career opportunity is available at SHA Risk Specialists a division of Santam for an Underwriter: Financial Lines, who will be based in Johannesburg: Illovo. What will make you successful in this role?

Financial analysis
Assessment of financial statements of businesses across a broad spectrum of industries
Identification of financial, governance and fraud risks
Research and assess risks utilising data outside of the financial statements (SENS, social media, general news media)

Underwriting
Underwrite and manage a portfolio of existing and new business, which may be complex in nature, including all tasks associated therewith but not limited to risk evaluation and assessment, coverage analysis, pricing and wording negotiations within underwriting authority.
Refer and acquire sign-off relating to matters falling outside of own authority, in accordance with authority matrix.

Marketing
Visit brokers to discuss renewals and new business with a focus to build relationships and develop market presence.
Feedback on market intelligence.

Client Liaison (Internal and External)
Respond to queries and resolve to the satisfaction of the affected parties within the scope of authority and / or responsibility.
Prepare for and attend meetings.

Financial
Meet budget responsibility for a book of business.
Monitor renewals, lapsed policies and new business with monthly report back.

Strategic Input
Provide strategic input for relevant business area if and when required.

Staff
Mentor and provide technical training of current and new staff if and when required.
Assist Underwriting Head in the day-to-day management of staff on underwriting matters and other issues if and when required.
Assist with performance management of staff if and when required.

General Administration
Follow up on quotations and renewals.
Sign and check policy documentation.
Handle accounts queries.
Assist with credit control if and when required.
Production and / or sign-off of reports within stipulated timeframes.
Attend to daily administrative routine tasks in accordance with organisational standards, processes and procedures.
Attend to the typing of general correspondence if and when necessary Qualification and Experience

Tertiary qualification a preference (B.Comm in Insurance, LLB, Finance, Accounting or Economics)
Must be FAIS compliant
3-5 years underwriting experience Skills

Systemic Thinking
Technical proficiency and proven underwriting track record in relevant line(s) of business
Financial Acumen
Track record for handling high pressure work environment
Computer Literacy
Administrative Skills
Analysis and Judgement
Attention to Detail
Client Orientation
Communication Skills including negotiation
Initiative
Managing work and delegation
Teamwork Core Competencies Cultivates innovation - Contributing dependently Customer focus - Contributing dependently Drives results - Contributing dependently Collaborates - Contributing dependently Being resilient - Contributing dependently About The Company

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 centered on our delivery of Insurance Good and Proper. We’re about people. People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees.

At Santam we are committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society. In achieving our employment equity goals, we give preference to applicants from the designated groups in alignment with the Divisions Employment Equity targets.



  • Johannesburg, 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: Financial Lines, who will be based in Johannesburg: Illovo. What will make you successful in this role? Financial analysis Assessment of financial statements of businesses across a broad spectrum of industries Identification of...


  • Johannesburg, South Africa CFS Recruitment (Pty) Ltd Full time

    My Short Term Insurance Client in Bedfordview is looking for a Personal Lines Underwriter.You will evaluate the risk of insuring a particular person/asset/building/business. The Underwriter is responsible for accepting liability and setting the appropriate premium pricing for the insurance policy. The underwriter would decline unfavourable risks per the...


  • Johannesburg, Gauteng, South Africa Mirror Images (PTY) LTD Full time

    An insurance company based in Rivonia/Johannesburg is currently seeking a Personal lines Underwriter to ensure the accurate and efficient capturing, processing and completion of client policies.


  • Johannesburg, South Africa Manpower Group SA (Pty) Ltd Full time

    The main purpose of the underwriting department is to evaluate the risk of insuring a particular person/ asset/building/ business. The underwriter is responsible for accepting liability and setting the appropriate premiumpricing for the insurance policy. The underwriter would furthermore decline unfavorable risks in accordance withthe prescribed underwriting...


  • Johannesburg, South Africa Adzuna ZA B C2 Full time

    Minimum Requirements:MatricRE 5FETC in Short-Term InsuranceHigher Certificate in Short Term InsuranceGood communication skills5 + years experience in Personal Lines Underwriting in a Broker environment. Afrikaans & English first language


  • Johannesburg, South Africa CFS Recruitment Full time

    Minimum Requirements:MatricRE 5FETC in Short-Term InsuranceHigher Certificate in Short Term InsuranceGood communication skills5 + years experience in Personal Lines Underwriting in a Broker environment. Afrikaans & English first language


  • Johannesburg, South Africa CFS Recruitment Full time

    Minimum Requirements:Matric RE 5 FETC in Short-Term Insurance Higher Certificate in Short Term Insurance Good communication skills 5 + years experience in Personal Lines Underwriting in a Broker environment.  Afrikaans & English first language

  • Personal Lines

    16 hours ago


    Johannesburg, South Africa Adzuna ZA B C2 Full time

    Our client, a reputable firm based in Johannesburg North, is seeking a dedicated and skilled Personal & Commercial Underwriter to join their dynamic team. This role offers a unique chance to leverage your expertise in a supportive and growth-oriented environment.Key Responsibilities:Assessing and underwriting personal and commercial insurance...

  • Personal Lines

    2 days ago


    Johannesburg, South Africa Energy At Work Full time

    Our client, a reputable firm based in Johannesburg North, is seeking a dedicated and skilled Personal & Commercial Underwriter to join their dynamic team. This role offers a unique chance to leverage your expertise in a supportive and growth-oriented environment.Key Responsibilities: Assessing and underwriting personal and commercial insurance applications...


  • Johannesburg, South Africa Performer Recruitment Full time

    **Introduction** Our client who is an independent, specialist financial brokerage, who offer financial planning, asset management, short term insurance, tax and estate planning functions to medical practitioners nationally, is seeking an Internal Broker/Underwriter to join their Dynamic team The Internal Broker/ Underwriter is required a minimum of 4...

  • Underwriter

    1 month ago


    Johannesburg, South Africa Ultra Personnel Full time

    Matric (Grade 12) **NQF Level 4**: Short-Term Commercial Lines min 60 Credits Successfully completed the RE 5 Examination Level 1 4 - 5 years underwriting experience of which 3 years liability underwriting experience Proven track record of underwriting experience e.g. assessing exposure and underwriting levels Very good communication skills (both written...


  • Johannesburg, South Africa Energy at Work Projects Full time

    Commercial Underwriter Extraordinaire - Ignite Your Underwriting Genius! Are you ready to take your underwriting prowess to new heights? We're on the lookout for a Commercial Underwriter with a passion for turning risks into opportunities in the dynamic world of insurance.About Our Client:Our client is not your average insurance firm. They're a trailblazer...


  • Johannesburg, South Africa EMPIRE RECRUITMENT Full time

    The purpose of the role is to ensure the accurate and efficient capturing, processing and completion of client policies.  Recommended QualificationsMatric, FAIS Compliant (Full Short Term Insurance Qualification at NQF level 4 or higher)Successfully Completed RE 1/5Minimum five years relevant work experience in Short Term InsuranceKey Performance...

  • Life Underwriter

    3 days ago


    Johannesburg, South Africa FirstRand Full time

    Job Description Dear Future, Life Underwriter Your 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 organisation. Are you...

  • Life Underwriter

    3 days ago


    Johannesburg, South Africa FirstRand Full time

    Job Description Dear Future, Life Underwriter Are 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...


  • Johannesburg, South Africa Tina Lottering ta Tina Lottering Recruitment Solutions Full time

    **Underwriting Manager** **Job Family** Risk, Audit and Compliance **Career Stream** Underwriting **Leadership Pipeline** Manage Managers **FAIS Affected** FAIS Affected - Yes **Job Purpose** To manage; plan and control the Underwriting Department to profitably grow the risk book on an underwriting and administration basis; in line with Bank's...

  • Underwriter

    7 days ago


    Johannesburg, 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...

  • Domestic Underwriter

    4 weeks ago


    Johannesburg, South Africa Source and Select Full time

    **Join Our Team as a Domestic Underwriter with your Experience!** Are you an experienced underwriter looking for a new and exciting opportunity? Look no further! Cornerstone Financial Services is seeking a talented and motivated individual to join our team as a Domestic Underwriter. As a key member of our Insurance Broker division, you'll have the...


  • Johannesburg, South Africa Source and Select Full time

    **Join Our Team as a Commercial Underwriter with Years of Experience!** Are you a skilled underwriter seeking a new challenge? Look no further! Cornerstone Financial Services is seeking a talented and motivated individual to join our team as a Commercial Underwriter. As a key member of our Insurance Broker division, you'll work directly under our...


  • Johannesburg, South Africa Manpower Group SA (Pty) Ltd Full time

    The underwriter is responsible for accepting liability and setting the appropriate premium pricing for the insurancepolicy. The underwriter would furthermore decline unfavorable risks in accordance with the prescribed underwriting guidelines and policy wording.Doing daily amendments to a client’s existing cover, as well as processing monthly/ annual...