Personal Lines Underwriting Analyst
6 days ago
The Personal Lines Underwriting team at Santam Insurance has a position available for an UNDERWRITING ANALYST who will be based in Hill on Empire, Parktown, Johannesburg.
Key Accountabilities- Monthly processing of renewals for all Outsourced Business Binderholders, ensuring timely completion and accuracy.
- Manage renewal data cleansing and quality control, recommending and communicating data clean-up actions to Binderholders.
- Enhance data modelling – using current models and perform broker renewal performance analysis, identifying areas for improvement.
- Assist with renewal automation projects and continuous enhancement of the UW segmentation model.
- Ensure alignment of renewal rules with rating changes and market forces, applying Client Segmentation and differentiated renewal increases.
- Drive renewal implementation and monitor results thereof, conducting on-site renewal audits from time to time.
- Prepare renewal reports for presentation to management and analyse Outsourced Business Portfolios, presenting findings and recommendations to relevant stakeholders.
- A degree in Insurance & Risk Management or Statistics or similar disciplines would be an advantage.
- Expert knowledge in MS Excel including use of advanced excel formulas is required.
- 2 to 3 years general insurance experience would be an advantage, as well as experience in working with large data sets.
- Knowledge of data mining techniques and short term insurance pricing knowledge would be an advantage.
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Technical Underwriting Expert
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