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Technical Underwriting Analyst
1 week ago
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
1. Initiate change requests followed by system testing for implementation
2. Manage underwriting referrals Remediate unfavorable risks and multi-claimants by means of Portfolio Management
3. Analyze portfolios in terms of client and broker performance to achieve targeted loss ratios
8. Collaborate with claims professionals to assess and analyze claims data, identify trends, and make underwriting adjustments accordingly
9. Provide guidance and support to junior underwriters, sharing knowledge and expertise to enhance overall team performance
10. Stay updated with industry trends, market conditions, and regulatory changes impacting the short-term insurance sector in South Africa
11. Conduct competitor analysis to assess market positioning, product offerings, and pricing strategies
12.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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