Technical Underwriter

2 weeks ago

Centurion, South Africa PSG Insure Full time

Job description:
The purpose of the position is to conduct audits to ensure continued adherence to the Service Level Agreements with Insurers and PSG processes from an underwriting and claims perspective. In addition, manage the profitability of underwriting facilities granted by Product Suppliers. The main focus area of the position will be commercial lines products. It is also expected to provide technical underwriting support to the short-term insurance advisers and internal staff.

The person must have been exposed to the set-up of underwriting rating, guidelines and policy wording as well as exposure in portfolio management from a profitability perspective.

**Responsibilities**:

- Conduct monthly audits on Underwriting activities: The audit scope will include new business, endorsements, amendments, reinstatements, renewals, Pro-active analysis to determine trends and potential risks and/or losses to increase profitability.
- Conduct multi-claimants report analysis, propose, and implement suitable action.
- Conduct portfolio analysis to identify trends and propose solutions to improve underwriting margins.
- Risk exposure analysis to mitigate Insurer’s risks.
- Conduct on-site audits at selected branches when necessary.
- Complete telephone quality assurance audits
- Assist advisers with technical product and underwriting enquiries.
- Assist manager with product development from an underwriting perspective.
- Provide support to the commercial lines Business Analyst from a product and underwriting perspective.
- Provide support to the National trainer on relevant products to ensure high quality training material.
- Assist manager to draft internal communication.
- Ensure complaints are analysed to identify product gaps, adherence to PPR and TCF
- Assist with binder audits from Insurers.
- Provide support to manager in formulating business cases and proposals to improve commercial underwriting mandates and product offering.
- Compile product comparisons to support quality advise provided by PSG Insure advisers.

Skill sets required:

- Matric
- NQF Level 4 - Full qualification (short-term insurance) as set by regulation.
- Regulatory Examination Level1 successfully completed.
- Minimum 5 years’ experience handling commercial lines.
- DOFA confirmation from FSCA
- Tial Connect system experience will be an advantage.
- Portfolio management experience will be an advantage.
- Binder audit experience will be an advantage.
- Experience in product development cycle will be an advantage.
- Good verbal and written communication skills
- Negotiation skills
- Client service driven.
- Results & detailed orientated
- Interpersonal skills
- Team player
- Good time management skills (planning and organising)
- High stress tolerance & resilience
- Analytical ability (reasoning & questioning)
- Analyse and intemperate data
- Establish trends

  • Technical Underwriting Consultant: Personal Lines

    3 weeks ago

    Centurion, South Africa PSG Konsult Ltd. Full time

    **Designation**: Technical Underwriting Consultant: Personal Lines |Centurion, Gauteng **Category**: Client/Intermediary Services **Job Level**: Professionally qualified and experienced specialists and mid-management **Posted by**: PSG Konsult **Posted on**: 17 Apr 2023 **Reference Number**: PSG-STA-VAC0022 **Closing date**: 01 May...

  • Manager: Underwriting

    2 months ago

    Centurion, South Africa Land Bank Careers Full time

    **Job Advert Summary**: (Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production...

  • Team Leader Underwriter

    3 weeks ago

    Centurion, South Africa Energy at Work Projects Full time

    Provide and assist Management with leadership and guidance to underwriting staff with regards to any underwriting procedures and protocols. - Overseeing and assisting with staff training, - professional development, performance management and including motivation of the staff - Auditing of workflows and work distribution on a regular basis - Operating and...

  • Head Of Underwriting

    2 weeks ago

    Centurion, Gauteng, South Africa Mays Region - Modern Woodmen of America Full time

    An exciting opportunity exists for a Head: Underwriting to join the Distribution Department. The successful applicant will be responsible for the overall management of the Commercial, Personal and Underwriting teams. This role will report into the Executive Head of Distribution and the successful candidate will participate in strategic and operational...

  • Manager: Underwriting

    2 weeks ago

    Centurion, Gauteng, South Africa Land Bank Careers Full time

    Job Advert Summary:(Land Bank) is South Africa's only specialist agricultural bank established in 1912, the bank's sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit....

  • Senior Deal Originator

    3 weeks ago

    Centurion, South Africa The Hiring House Full time

    **KEY ACCOUNTABILITIES** - Conduct market research for appropriate business opportunities that would match ECIC products and eligibility requirements. - Develop strong pipeline of good quality projects/transactions through proactive origination/business development. - Comprehensively map industry or sector opportunities in order to generate a list of...

  • Actuarial Specialist

    2 months ago

    Centurion, South Africa Global Talent Solutions Full time

    Actuarial Specialist - Hybrid Role Purpose To be involved in all aspects of actuarial management of a short-term insurer with a focus on pricing and product development, including business intelligence, underwriting and other ad-hoc commercial involvements. This is a broad, technical role with opportunities to develop in a range of...

  • Senior Deal Originator

    3 weeks ago

    Centurion, South Africa Fempower Personnel Full time

    Are you a seasoned professional with a passion for generating lucrative financial transactions? Do you excel at assessing complex deals and building strong relationships with key stakeholders? If so, our client has the perfect opportunity for you! **Position**:Senior Deal Originator **Location**: Centurion **Employment Type**:Permanent As a Senior Deal...

  • Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Progressive Edge Full time

    PermanentCenturion ( Hybrid)Get involved all aspects of actuarial management of a short-term insurerYou will focus on pricing and product development, including business intelligence, underwriting and other ad-hoc commercial involvements. This is a broad, technical role with opportunities to develop in a range of directions.Responsibilities and work...

  • Actuarial Specialist

    3 weeks ago

    Centurion, South Africa K2 Human Capital Consultancy Full time

    **Job summary **- A Client in Centurion - Gauteng is looking for an Actuarial Specialist to be involved in all aspects of actuarial management of a short-term insurer with a focus on pricing and product development, including business intelligence, underwriting and other ad-hoc commercial involvements. This is a broad, technical role with opportunities to...

  • Actuarial Specialist

    2 months ago

    Centurion, South Africa Staff Solutions Full time

    **Gauteng**, Centurion** **(Market related)** Our client in the financial industry is seeking a Actuarial Specialist to join their team in Centurion at the HQ. **Role Purpose** **To be involved in all aspects of actuarial management of a short-term insurer with a focus on pricing and product** **development, including business intelligence, underwriting...

  • Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa K2 Human Capital Consultancy Full time

    Job summary - A Client in Centurion - Gauteng is looking for an Actuarial Specialist to be involved in all aspects of actuarial management of a short-term insurer with a focus on pricing and product development, including business intelligence, underwriting and other ad-hoc commercial involvements.This is a broad, technical role with opportunities to develop...

  • Claims Investigator: Desktop

    3 weeks ago

    Centurion, South Africa Momentum Insure Company Limited Full time

    **Introduction** **Role Purpose** The purpose of this position is to determine the merit of segmented motor and non-motor claims by performing investigations, verifying the description of the event with the loss and make sure that all valid claims are being processed within SLA from the desk. You would also need to identify problematic claims (red flags)...

  • Fundsatwork Pricing Specialist

    2 weeks ago

    Centurion, South Africa Momentum Corporate Full time

    **Introduction** Through our client-facing brands Metropolitan and Momentum, withMultiply (wellness and rewards programme), and our others specialist brands, including Guardrisk and Eris Property Group,the group enables business and people from all walks of life to achieve their financial goals and life aspirations. **Role Purpose** **Requirements**: -...

  • Insure Adviser Assistant

    4 days ago

    Centurion, South Africa PSG Konsult Ltd. Full time

    **Designation**: Insure Adviser Assistant (ADP) | Centurion, Gauteng **Category**: Finance **Job Level**: Skilled technical and academically qualified workers, junior management, supervisors, foremen and superintendents **Posted by**: PSG Financial Services **Posted on**: 08 Feb 2024 **Reference Number**: POS37616 **Closing date**: 24 Feb...

  • Corporate Actuarial Specialist

    2 weeks ago

    Centurion, South Africa Staff Solutions Full time

    **Gauteng**, Centurion** **(Market related)** Our client in the financial services industry is seeking a Corporate Actuarial Specialist to join their team in Centurion. **Responsibilities and work outputs** *** - **Risk Reporting**: ***: - **Identify areas of non-compliance and implement requirements necessary.** ***: - **Quarterly Capital...

  • Corporate Actuarial Specialist

    2 weeks ago

    Centurion, South Africa Momentum Insure Company Limited Full time

    **Introduction** Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. **Role Purpose** An exciting...

  • Business Development

    6 days ago

    Centurion, South Africa The Talent Hive Full time

    **1. Strategic Leadership**: - Develop and execute the company's distribution strategy, aligning it with overall business goals. - Identify new market opportunities, analyse competitor strategies, and recommend strategies to enhance market penetration and competitiveness. - Lead and inspire a team of distribution professionals, fostering a culture of high...

  • Corporate Actuarial Specialist

    3 weeks ago

    Centurion, South Africa Yazoo Recruitment Specialists Full time

    Corporate Actuarial Specialist with a Degree in Actuarial Science and progress towards ASSA examination, and minimum 3 years’ experience in an actuarial environment within the short term insurance industry, required to assist with regulatory reporting, reserve setting, reinsurance and forecasting. Minimum requirements: - Minimum 3 to 5 years' experience...

  • Customer Support Specialist

    3 weeks ago

    Centurion, South Africa The Talent Hive Full time

    The successful applicant will join the Business Support team and will be asked to become involved in the following tasks: management principles - To take ownership of user problems and be proactive when dealing with user issues - To ensure all calls are logged on the call logging system and maintain full documentation and ensure the calls have been updated...