Policy Wording and Technical Underwriting Specialist
1 week ago
**What will you do?**
- SBS Underwriting in its Personal Lines Underwriting team has a position available for a Policy Wording and Technical Underwriting Specialist who will be based in Auckland Park, Johannesburg or Bellville, Cape Town.**What will make you successful in this role?**
- The purpose of the role is to support Personal Lines and Outsourced Business:
- The incumbent will be responsible and accountable for compiling, updating, reviewing and maintaining of policy wordings, endorsements, addendums, terms, conditions, PPR/ Disclosure notices etc.
- Responsible to give sound claims and personal lines underwriting advice both from a legal and underwriting perspective.
- Responsible for adherence to all regulatory requirements within the Personal Lines Underwriting
- Integrate and update existing Underwriting manuals/policies, operational manuals and underwriting guidelines, etc
- Create new underwriting guidelines and procedures if required.
- Assist in formulating and sign-off of underwriting circulars and media articles.
- Analysis, interpretation, review, recommend and communicate policy wording / endorsement changes to Binderholders / relevant stakeholders
- Assist with product changes and associated projects
- Alignment of product changes to that of policy wordings, endorsements etc.
- Drive implementation and monitor results thereof.
**Qualifications & Experience**
- Min of 8 years’ experience in Short Term insurance - Personal Lines
- Report writing experience
- Strong Technical product underwriting knowledge and proficiency - Personal Lines
- Understanding of Risk management
- Degree in Insurance & Risk Management or similar disciplines would be an advantage.
- Computer literate (extensive experience of Excel, Word, Acrobat Pro and PowerPoint)
- Knowledge of the short term insurance legal framework
**Knowledge & Skills**
- High analytical thinking
- Ability to grasp concepts quickly
- Exceptional problem solving skills
- Strong ability to manipulate and interpret policy wording
- Strong communication and presentation skills
- Proactive and self-motivated
- Ability to perform under pressure
- Time management and focussed delivery of deadlines
- Good planning, analytical and decision-making skills
- A good team player - integrates and shares knowledge and skills
- Displays keen insight and intuition
**Competencies**
- Problem solving
- Producing creative solutions
- Developing and implementing strategy
- Adapting to changing circumstances
- Performing under pressure
- Enterprising and commercial thinking
- Deciding and initiating action
- Leadership
- Building networks and good relations
- Collaborative
- Flexibility and adaptability
- Action orientated
- Information seeking
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Johannesburg, Gauteng, South Africa Santam Insurance Full timePOLICY WORDING AND TECHNICAL UNDERWRITING SPECIALISTJohannesburg, Gauteng, ZASBS Underwriting in its Personal Lines Underwriting team has a position available for a Policy Wording and Technical Underwriting Specialist who will be based in Auckland Park, Johannesburg or Bellville, Cape Town.What will make you successful in this role?The purpose of the role is...
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