Senior Reinsurance Underwriter

2 months ago


Cape Town, Western Cape, South Africa Santam Full time
About the Role

Santam is seeking a highly skilled and experienced Senior Reinsurance Underwriter to join our team in Tygerpark, Bellville. As a key member of our Underwriting team, you will be responsible for overseeing and managing all underwriting non-pricing related activities in each cluster.

Key Responsibilities
  • Manage a treaty book from an underwriting perspective within a cluster.
  • Understand and interpret output from pricing models and perform pricing on larger treaties using Santam Re pricing tools.
  • Review contract wordings in line with underwriting guidelines.
  • Review underwriting motivational emails and endorsements.
  • Claims review and approval.
  • Capture underwriting information on I-Re.
  • Ensure completeness and accuracy of all underwriting admin.
  • Train junior staff on all underwriting aspects.
  • Maintenance of internal reports.
Requirements
  • Master's degree with a significant numerate component, an Engineering or Actuarial degree (FIA, CFA or Actuary).
  • Minimum of 10 years' experience in P&C Reinsurance.
  • Solid client and business development experience of at least 10 years.
Skills and Competencies
  • Leadership capabilities.
  • Excellent verbal and written communication skills.
  • Analytical ability.
  • Advanced numeracy skills.
  • Analytical and detail-oriented.
  • Ability to work independently with limited supervision.
  • High stress tolerance.
  • Ability to work to tight deadlines and under pressure.
  • Strong negotiation skills.
  • Team Player.
  • Ability to work flexible working hours.
  • Willingness and desire to learn.
  • Ability to multi-task.
  • Solid interpersonal and relationship building skills.
  • Good planning and organizing skills.
  • Time management.
  • Mentoring.
Competencies
  • Cultivates Innovation - Creating new and better ways for the organisation to be successful.
  • Client Focus - Building strong customer relationships and delivering customer-centric solutions.
  • Drives Results - Consistently achieving results, even under tough circumstances.
  • Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
  • Flexible and Adaptable (Being Resilient) - Rebounding from setbacks and adversity when facing difficult situations.
  • Reporting and administration.
  • Risk Management.
  • Contracting Wording.
  • Conflict Management.
  • Stakeholder management.


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