Senior Reinsurance Underwriter
4 weeks ago
Santam, a leading insurance company, is seeking an experienced Senior Reinsurance Underwriter to join their team in Tygerpark, Bellville.
The ideal candidate will have a Master's degree with a significant numerate component and at least 10 years of experience in P&C Reinsurance. They should also possess strong leadership capabilities, excellent communication skills, and analytical ability.
The role involves overseeing and managing all underwriting non-pricing related activities within a cluster, including adherence to underwriting guidelines, establishing best practices in treaty wordings, and training junior staff on underwriting aspects.
The Senior Underwriter will report into the Chief Pricing Actuary and be responsible for:
- Managing a treaty book from an underwriting perspective within a cluster
- Understanding and interpreting output from pricing models and performing pricing on larger treaties using Santam Re pricing tools
- Reviewing contract wordings in line with underwriting guidelines
- Reviewing endorsements and special acceptances
- Claims review and approval
- Capturing of underwriting information on I-Re
- Ensuring completeness and accuracy of all underwriting admin
The estimated salary for this position is R1,200,000 per annum, considering the location and industry standards.
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Leading Reinsurance Pricing Actuary
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Senior Accounting Lead
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Senior Data Analyst
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Senior Data Architect for Insurance Underwriting
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Senior Actuarial Manager
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Senior Financial Services Coordinator
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