Senior Manager: Group Underwriting Policy

2 weeks ago

Johannesburg, South Africa Santam Full time

What will you do?

A position of Senior Manager Group Underwriting Policy & Governance exists in Santam. This role may be based at Head Office Tygervalley or Alice Lane Sandton and reports directly to the Chief Underwriting Officer and has dotted line reporting to the Chief Risk Officer.

To control the issuance of Underwriting Mandates across all business areas with underwriting authority across the Santam Group.
To design and implement a process to govern the adherence by business areas to their Underwriting Mandates, within a Combined Assurance framework working with the Group CRO Office and Group Internal Audit.
To provide thought leadership and assist to develop underwriting policy and minimum requirements at Group level.
Drive policy implementation around all aspects of Group Underwriting.
To manage a Group Underwriting Forum for Santam, at which underwriting issues are considered and discussed by underwriters across the group, including policy.
With the support of the CRO office, to monitor the Group’s gross and net underwriting exposures, based on its risk appetite. To assist the CRO office to report on and rectify breaches to the Group’s risk appetite.
To work with the SEM Chief Risk Officer and provide expert support and thought leadership on General Insurance Risk Management. What will make you successful in this role?

**Underwriting Governance function leadership**:
Manage the renewal of all Santam Group underwriting mandates, on at least an annual basis.
Manage the Group’s approval process for the extension of underwriting mandates and the implementation of new products.
Develop a plan for the oversight and auditing of underwriting practice across the Group, in conjunction with Group Internal Audit and the Group CRO Office, with clear responsibilities for execution over an agreed cycle.
Together with the Group CRO Office, expand and develop the underwriting risk metrics that are monitored in the Group and assist in monitoring, reporting, and addressing any deviations.
Ensure appropriate governance representation on the Risk Committees of all key business areas for monitoring and the provision of input where needed.

**Policy development and Thought Leadership**:
To provide thought leadership and assist to develop underwriting policy and minimum requirements at Group level.
Drive policy implementation around all aspects of Group Underwriting.
To manage a Group Underwriting Forum for Santam, at which underwriting issues are considered and discussed by underwriters across the group, including policy.

Latent claims exposure risk analysis, reviews, and remedial actions
With the support of the Group CRO Office, facilitate an ongoing process across business areas to review policy wordings from a legal and underwriting risk exposure perspective to identify potential unexpected latent claims, aggregations, and risks that cannot be tolerated by the Group.
Ensure that action is taken as agreed where it is agreed that policy wording must be modified.
Report to the Executive Risk Forum and the Group Risk Committee on a regular basis on the reviews conducted and actions taken.

Reinsurance gap exposure management
Within a combined assurance framework, ensure that the Group monitors and acts on any latent reinsurance exposure gaps that may lead it to exceed its risk appetite due to e.g. a difference in conditions between original policies issued and reinsurance treaties / facultative contracts, or due to legal issues of interpretation between policy wordings and treaty wordings.
Key parties within the combined assurance framework are Group Reinsurance Buying, Group CRO Office, Group Internal and External Audit, and Business Division Underwriting functions.

**Reporting**:
Feedback on findings and priority remedial actions required.
Assistance with risk and compliance reporting and submissions.
Performance and risk exposure management of Santam’s International Investments, working closely with SEM.

**Stakeholder Management**:
Maintain and develop effective relationships with key internal and external stakeholders. Qualification and Experience

Bachelor’s Degree (4-year).
Professional qualification as an actuary, underwriter, risk professional would be an advantage.
10 years of short-term insurance-related professional experience. Skills

Core technical skills in the areas of underwriting, reinsurance, and risk management.
Relevant technical expertise.
Ability to identify strategic needs, lead all aspects of executing on these, and generate alignment with key business partners.
Strong interpersonal, facilitation and verbal and written communication skills.
Excellent presentation skills that encompass clear, compelling communication.
Experience navigating large and complex organizations, including gaining access to key executives and stakeholders and successfully managing relationship building dynamics and processes (internal and external).
Ability to self-manage while managing assigned teams and pr

  • Senior Underwriter

    7 days ago

    Johannesburg, Gauteng, South Africa American International Group Full time

    Senior Underwriter - Commercial Property page is loaded Senior Underwriter - Commercial Property Apply locations Johannesburg time type Full time posted on Posted 3 Days Ago job requisition idJR PURPOSE OF THE ROLE:Under general direction, underwrites assigned risks. Generally has greater underwriting authority and handles larger accounts and/or more complex...

  • Underwriter - Group

    3 weeks ago

    Johannesburg, South Africa AIG Full time

    Picture yourself building a successful career at AIG working alongside other talented, highly motivated individuals committed to reaching our goal of becoming the world’s leading insurance provider. We believe that our success depends on building a world-class team. If you would like to be a part of our team, we invite you to consider putting your talents...

  • Underwriter - Group

    1 week ago

    Johannesburg, Gauteng, South Africa AIG Full time

    Picture yourself building a successful career at AIG working alongside other talented, highly motivated individuals committed to reaching our goal of becoming the world's leading insurance provider. We believe that our success depends on building a world-class team. If you would like to be a part of our team, we invite you to consider putting your talents to...

  • Group Underwriting Manager

    1 month ago

    Johannesburg, South Africa The Recruitment Council Full time

    Are you a seasoned Group Underwriting Manager looking to elevate your career with a trailblazing financial services organization? Our Client, a dynamic industry leader, renowned for its commitment to innovation, integrity, and client satisfaction is looking for the right candidate to take on the role of a Group Underwriting Manager and will be responsible...

  • Group Underwriting Manager

    3 weeks ago

    Johannesburg, South Africa The Recruitment Council Full time

    Are you a seasoned Group Underwriting Manager looking to elevate your career with a trailblazing financial services organization? Our Client, a dynamic industry leader, renowned for its commitment to innovation, integrity, and client satisfaction is looking for the right candidate to take on the role of a Group Underwriting Manager and will be responsible...

  • Senior Property Underwriter

    2 weeks ago

    Johannesburg, South Africa Quadrant Systems Full time

    Senior Property Underwriter What will make you successful in this role? The individual is required to fulfil all Senior Property Underwriting functions to ensure Santam’s Commercial Property Portfolio achieves its profit and growth targets within the parameters of our risk appetite, as determined by the Board. PRINCIPLE ACCOUNTABILITIES INCLUDE: -...

  • Senior Property Underwriter

    1 week ago

    Johannesburg, South Africa F & G Sourcing Specialist Full time

    Our Short-term Insurance client is seeking a **Senior Property Underwriter** to join their team in Johannesburg. **Salary**: R1mil - R1.2mil p/a **Requirements**: - Bachelor’s degree or relevant insurance related diploma: AIISA or FIISA or similar - Recommendation: Management or Leadership qualification - Must be able to demonstrate property...

  • Senior Underwriter

    7 days 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...

  • Senior Property Underwriter

    2 weeks ago

    Johannesburg, South Africa Tych Business Solutions Full time

    Commercial Underwriting has a position available for a Senior Commercial Property Underwriter and will based at our Office in Johannesburg. This role will report to the Manager: Commercial Property Underwriting. **What will make you successful in this role?** The individual is required to fulfil all Senior Property Underwriting functions to ensure our...

  • Senior Underwriter

    3 weeks ago

    Johannesburg, South Africa PPS Recruitment Full time

    **Job Advert Summary**: This role reports to the Executive Underwriter. The Senior 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 and complex underwriting queries and/or complaints providing an...

  • Underwriting Manager: Automation

    6 days ago

    Johannesburg, South Africa PPS Recruitment Full time

    **Job Advert Summary**: This role reports into the Head: Research and Development and Group TCF, within the Life Solutions structure. The incumbent will be required to optimise underwriting effectiveness and competitiveness through the design of the underwriting rules engine (URE), the effective integration of these rules in the end-to-end digital and paper...

  • Senior Underwriter

    7 days 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...

  • Senior Underwriter: Motor Fleets

    3 weeks ago

    Johannesburg, South Africa Sanlam Full time

    **What will you do?** - A Senior Underwriter will have the experience to carefully select, analyse and underwrite risks, in a cost-effective manner and in accordance with company requirements, guidelines and governance, to ensure good risk selection and profitability and ensure business targets are met.- They will support the leadership team with the...

  • Senior Underwriter

    7 days 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...

  • Technical Executive Underwriter

    3 weeks ago

    Johannesburg, South Africa PPS Recruitment Full time

    **Job Advert Summary**: We are currently seeking a highly qualified individual for a senior position reporting directly to the COO. If you possess extensive experience in analyzing insurance risk, underwriting, and life insurance products, and demonstrate a self-driven attitude, this role could be an excellent fit for you. **Minimum...

  • Underwriter

    3 weeks 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...

  • Senior Underwriter: Motor Fleets

    7 days ago

    Johannesburg, Gauteng, South Africa Sanlam Full time

    What will you do? A Senior Underwriter will have the experience to carefully select, analyse and underwrite risks, in a costeffective manner and in accordance with company requirements, guidelines and governance, to ensure good risk selection and profitability and ensure business targets are met. They will support the leadership team with the daytoday...

  • Group Underwriting Manager Fourways

    2 weeks ago

    Johannesburg, South Africa The Recruitment Council Full time

    Key Performance Areas: Mission, Values and Service Strategy: - Uphold and support the Group Values of Focus, Resilience, Tenacity, Discipline and Relationships as well as the Company Vision and Brand Promise. Leadership and Performance Management: - Recruit, train and manage a team of underwriters and support them in their day-to-day activities - Foster a...

  • Senior Underwriter, Liability

    6 days ago

    Johannesburg, South Africa Allianz Commercial Full time

    **Let’s care for tomorrow.** **Your ambitions. Your dreams. Your tomorrow** Whether it’s aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses. We are looking for a Senior Underwriter to join our Liability team, based in...

  • Senior Underwriting Manager

    7 days ago

    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...