Policy Wording and Technical Underwriting Specialist

1 month ago


Johannesburg, Gauteng, South Africa Sanlam Full time

Role Overview

Sanlam is seeking a skilled Policy Wording and Technical Underwriting Specialist to join its Personal Lines Underwriting team in Johannesburg or Cape Town. As a key member of the team, you will be responsible for supporting Personal Lines and Outsourced Business operations.

Key Responsibilities

  1. Compile, update, review, and maintain policy wordings, endorsements, addendums, terms, conditions, PPR/Disclosure notices, and other related documents.
  2. Provide sound claims and personal lines underwriting advice from a legal and underwriting perspective.
  3. Ensure adherence to all regulatory requirements within Personal Lines Underwriting.
  4. Integrate and update existing Underwriting manuals/policies, operational manuals, and underwriting guidelines.
  5. Create new underwriting guidelines and procedures as needed.
  6. Assist in formulating and signing off underwriting circulars and media articles.
  7. Analyze, interpret, review, recommend, and communicate policy wording/endorsement changes to Binderholders and relevant stakeholders.
  8. Support product changes and associated projects.

Requirements

  • At least 8 years' experience in Short Term insurance - Personal Lines.
  • Strong technical product underwriting knowledge and proficiency – Personal Lines.
  • Understanding of Risk management.
  • Computer literate, with extensive experience in Excel, Word, Acrobat Pro, and PowerPoint.
  • Knowledge of the short term insurance legal framework.

Competencies

  • Problem solving
  • Producing creative solutions
  • Developing and implementing strategy
  • Adapting to changing circumstances
  • Performing under pressure
  • Enterprising and commercial thinking
  • Deciding and initiating action
  • Leadership
  • Building networks and good relations
  • Collaborative
  • Flexibility and adaptability
  • Action orientated
  • Information seeking
  • Applying expertise and technology


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