National Technical Underwriter

2 weeks ago


Johannesburg, South Africa Bryte Insurance Full time

Who we are

Our brand is reflective of our long-standing heritage, our track record of proven expertise and our unparalleled sector insights. The choice we have made for the physical iteration of the brand is based on light - shining the light on risk and understanding risk from the smallest detail to the biggest picture. We passionately subscribe to the idea of partnering with our brokers and customers. Our new logo symbolizes this core pledge as it represents the joining of Bryte and Brokers and Business.

Our opportunity

The role holder will be responsible analyse, underwrite and process new and existing policies effectively within delegated authority limits to achieve agreed levels of underwriting performance by providing technical underwriting support and assistance. To provide high quality service and solutions to brokers and customers to ensure business retention and growth. To provide effective qualitative underwriting and to demonstrate specialized product knowledge. Provide positive interaction between the Bryte Commercial Market Underwriting & Specialized Divisions.

Key Tasks & Accountabilities

Achieve targeted underwriting profit
- Underwriting medium
- high complexity risks
- Measuring exposure and analyzing risk
- Determine technical price according to agreed/certified pricing process.
- Quoting and agreeing coverage
- Negotiating terms and conditions
- Managing underwriting profitability of accounts
- Implement underwriting measures to attain targeted loss ratios and rates.
- Embrace technology to improve portfolio performance, ensure that treaty re-insurance standards are adhered to at all times.
- Ensure compliance with technical and operational underwriting standards, procedures and controls.
- Application of the Bryte Way (TBW) of underwriting
- Deploy & utilize risk engineers appropriately

Growth and retention of business
- Establish lasting partnerships with key stakeholders.
- Support growth of existing books and new books through underwriting actions
- Retain business through underwriting actions

Effective, efficient underwriting and approval of large policies
- Effectively process referrals for new business, endorsements and renewals

Provide qualitative service levels to internal and external stakeholders.
- Consistently utilise processes, procedures and approach based on the TBW process framework.
- Ensure service levels meet SLAs with brokers and other business units.
- Ensure effective communication with brokers and clients.
- Manage complaints effectively and timeously.
- Build relationships through provision of good and consistent service.
- Embrace technology to improve efficiencies and service.

Governance
- Ensure governance and best practice is adhered to & communicated to all stakeholders

Teamwork
- Act in line with SLA and instructions from all superiors and always ensure professionalism in dealings with internal and external stakeholders.
- Develop technical skills on a continuous basis

Relationships

Internal
- Sales
- Technical Underwriting, risk engineers and actuarial
- BRYTE SA Head of Reinsurance
- Central Service Hub
- Claims Hub
- Marketing & Risk
- Information Technology
- People Management

External
- Brokers
- Clients
- Re-insurers
- Re-insurance brokers
- SAIA
- Shareholders
- UMA’s
- Affinity groupings

Qualifications & Experience
- Grade 12, NQF Level 4
- FAIS compliant, 60 credits
- Minimum of 5 years technical expertise in underwriting, AIISA / ACII an added advantage
- Sound knowledge of how to optimize underwriting performance at a policy and portfolio level
- Technical expertise

Behavioral
- Analysis
- Prioritizing critical tasks
- Concern for Excellence
- Customer Service Orientation
- Drive and goal orientation
- self-motivated
- Oral and verbal communication
- Problem solving
- Resilience/stress management
- Teamwork
- Attention to detail.
- Initiative
- Planning and organizing

Closing date: 20 November 2023



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