Senior Underwriter

2 weeks ago


Sandton, South Africa Guardrisk Full time

**Introduction**

**Disclaimer**
- As an applicant, please verify the legitimacy of this job advert on our company career page.

**Role Purpose**

**Requirements**:

- Minimum 120 FAIS Credits (NQF Level 5)
- At least 10 years commercial and corporate underwriting experience in an insurance company
- Insurance qualification would be an added advantage
- RE5 Short Term (Commercial and Personal Lines)
- Knowledge of Sasria and Sasria regulations

**Duties & Responsibilities**
- Issuing and assisting in the structure of the First Party solutions
- Ensuring adherence to professional standards of service and compliance with all legislative and licensing requirements
- Providing technical underwriting expertise and support to Product Owners, UMA’s and Portfolio Managers
- Ensuring that 100% Reinsurance deals are managed and controlled
- Ensuring that UMA and NMI Binder Holders are adhering to agreed mandates
- Monitoring the underwriting performance of the various cell facilities
- Developing / reviewing rating guidelines for the UMA’s and NMI Binder Holders
- Performing Due Diligence on New Business prospects prior to Binder of Cell Agreements
- Performing client reviews as per the review programme
- Assisting in development of new products and the revision of existing ones
- Reviewing and drafting new policy wordings as required
- Reviewing and ensuring that Policies are issued in accordance with the reinsurance slips for all 100% reinsurance deals
- Ensuring compliance with all legislative and licensing requirements
- Providing technical advice to Portfolio Managers and Product Owners
- Special Projects
- Collaboration with Compliance Areas
- Ensuring that the Sasria function is controlled and ensuring that the processes are adhered to

**Competencies**
- Ability to work under pressure
- Planning and Organising
- Good communication skills
- Numerical Skills
- Initiative
- Building Relationships
- Ability to work independently



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