Financial Lines Underwriter

1 week ago

Sandton, South Africa Sanlam Full time

**What will you do?**
- We have an exciting opportunity available for Financial Lines Underwriter within SHA.- An Underwriter will have the experience to carefully select, analyse and underwrite risks, in a cost-effective manner and in accordance with company requirements, guidelines and governance, to ensure good risk selection and profitability and ensure business targets are met within their authority as well as be proactive in developing skills to underwriter more complex risks, learning and absorbing expertise from more Senior colleagues.- They will maintain professional conduct (dress code, communication (written and verbal) with internal and external stakeholders and lead by example around more Junior colleagues. They will also be up to date with industry changes and trends, support innovation (product, process and marketing) and stay up to date with general market intelligence, technology and other relevant developments will also be crucial.**What will make you successful in this role?**

**Key responsibilities include**:
**Technical**:

- Examine insurance proposal for new and renewal business, gathering and assessing background information, conducting necessary research, evaluating and assessing the risk (including but not limited to coverage analysis, pricing and structure) and discussing/negotiating risks with the broker in order to effectively win or renew the risk.
- Calculate possible risk and determine appropriate insurance premiums using underwriting tools and practices, underwriting information and own judgement and experience.
- Quote within designated authority levels and refer where necessary in accordance with company policy and technical guidelines.
- Monitor portfolio performance (of own renewal portfolio) and ensure that renewals, new business, lost business are tracked and that the cancellation reserve does not exceed 2.5%.
- Set accurate, realistic premium forecasts as required and in a timely manner to enable management to set budgets and monitor performance targets for your own portfolio of accounts.
- Be able to confidently articulate technical messaging, internally (for referrals) as well as to brokers and clients and to work with colleagues to expand this knowledge and the means to communicate it.
- Accurately enter data into company systems and produce management reports that ensure that the company remains aware of the nature and financial impact of all risks written for your own portfolio.
- Maintain accurate electronic records for auditing and regulatory purposes.
- Contribute as required to projects or other initiatives designed to improve the effectiveness or efficiency of the department.
- Undertake any other reasonable tasks as requested by the Leadership in order that the team achieve its objectives.
- Adhere to all operational and procedural standards.
- Handle accounts queries and credit control queries to the satisfaction of all parties.

**Professional conduct and soft skills**
- Seek out and leverage diversity (in all its forms) to create an inclusive work environment.
- Collaborate on innovation and fresh perspectives and support initiatives into the team, the business and with our brokers and customers.
- Behave in a professional manner at all times demonstrating relationship management and development (internally and externally).
- Demonstrate the SHA brand values in all activities.

**Client and marketing responsibilities**
- Develop and maintain relationships with brokers and clients at all relevant levels of their businesses.
- Visit brokers to discuss renewals and new business with a focus to build relationships and develop market presence in conjunction with Senior colleagues.
- Feedback on market intelligence.
- Respond to queries and resolve to the satisfaction of the affected parties within the scope of authority and / or responsibility.

**Governance**:

- Fulfil individual risk and compliance related obligations in adherence to Group and Regulatory guidelines.
- Provide proactive risk and compliance awareness by reporting any incidents or breaches identified within our compliance requirements.

**Qualifications & Experience**
- NQF 7 insurance or risk management qualification.
- Minimum of 12 months technical experience in the relevant line of business as a trainee or under supervision.
- FAIS Compliance and RE5 a preference.
- Basic understanding of insurance industry including the reinsurance market and the terminologies used.
- Understanding of policy wordings, specifically related to your Line of Business.
- Able to evaluate information from a variety of sources and solve problems.

**Knowledge & Skills**
- Good decision-making skills; able to consider the costs and benefits of various options and recommend the appropriate one as part of the referral process (to management or the technical team).
- Good communication and interpersonal skills; comfortable with phone and face to face complex discussions with underwriters, brokers and any other rel

  • Financial Lines Underwriter

    3 days ago

    Sandton, South Africa Sanlam Full time

    **What will you do?** **SHA Risk Specialists**, has a position available for a **Financial Lines Underwriter** who will be based in Illovo. **What will make you successful in this role?** **The key activities of a Financial Lines Underwriter are**: - Examine insurance proposal for new and renewal business, gathering and assessing background and...

  • Financial Lines Underwriter

    2 weeks ago

    Sandton, South Africa Sanlam Full time

    What will you do?SHA Risk Specialists has a position available for a Financial Lines Underwriter who will be based in Illovo.What will make you successful in this role?The key activities of a Financial Lines Underwriter are:Examine insurance proposal for new and renewal business, gathering and assessing background and supporting information and providing...

  • Underwriting Governance Specialist

    1 week ago

    Sandton, South Africa Sanlam Full time

    **What will you do?** - We have an exciting opportunity for an Underwriting Governance Specialist - Financial Lines within our SHA Risk Specialists division.**What will make you successful in this role?** **Key responsibilities include**: **Technical Underwriting - Financial Lines**: - Support Business Head: Technical & Governance in: - maintenance of the...

  • Financial Lines Underwriter

    2 weeks ago

    Sandton, South Africa Santam Full time

    We have an exciting opportunity available for Financial Lines Underwriter within SHA.An Underwriter will have the experience to carefully select, analyse and underwrite risks, in a cost-effective manner and in accordance with company requirements, guidelines and governance, to ensure good risk selection and profitability and ensure business targets are met...

  • Senior Underwriter: Financial Lines

    3 weeks ago

    Sandton, South Africa Sanlam Full time

    **What will you do?** - We have an exciting opportunity for a **Senior Underwriter: Financial Lines** within **SHA Risk Specialists**.- A Senior Underwriter will have the experience to carefully select, analyse and underwrite risks, in a cost-effective manner and in accordance with company requirements, guidelines and governance, to ensure good risk...

  • Underwriting Director: Personal Lines

    2 weeks ago

    Sandton, South Africa Santam Insurance Full time

    Job OverviewWe are seeking an experienced and strategic Senior Underwriting Manager to lead our Personal Lines business portfolio. The successful candidate will be responsible for driving profitable growth, managing a high-performing underwriting team, and collaborating with internal stakeholders to achieve collective financial targets.About UsSantam is a...

  • Personal Lines Underwriting Lead

    2 weeks ago

    Sandton, South Africa Santam Insurance Full time

    Job DescriptionThe Head of Insurance Underwriting role is responsible for leading the underwriting function for our Personal Lines business portfolio. This includes managing a high-performing team, collaborating with internal stakeholders, and driving profitable growth.About SantamSantam is a leading general insurance company in Southern Africa, with a...

  • Head of Personal Lines Underwriting Operations

    3 days ago

    Sandton, South Africa Santam Insurance Full time

    Job DescriptionThe Senior Underwriting Manager: Personal Lines will be responsible for managing the Personal Lines business portfolio to achieve profitable growth targets. This involves creating, developing, and growing a world-class underwriting team in support of the SCS strategic objective to grow in target markets through multiple distribution...

  • Senior Manager: Underwriting

    1 week ago

    Sandton, South Africa Sanlam Full time

    **Who are we?** Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. Our success is rooted in our passion for our clients and everything we do is...

  • Financial Services Group Underwriter

    2 days ago

    Sandton, South Africa Dante Group Pty Ltd Full time

    Job Title: UnderwriterWe are seeking an experienced Underwriter to join our Financial Services team at Dante Group Pty Ltd. In this role, you will be responsible for assessing and managing risks associated with commercial and personal lines insurance, working closely with clients and Account Executives to deliver exceptional results.ResponsibilitiesConduct...

  • Senior Underwriting Manager: Personal Lines

    2 weeks ago

    Sandton, South Africa Santam Insurance Full time

    Senior Underwriting Manager: Personal LinesSenior Underwriting Manager: Personal LinesSantam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. Our success...

  • Financial Underwriter Specialist

    2 weeks ago

    Sandton, South Africa Sanlam Full time

    About the Role:This is an exciting opportunity for a skilled Financial Lines Underwriter to join our team at Sanlam. The successful candidate will be responsible for examining insurance proposals, conducting research and evaluating risks to ensure that our clients receive the best possible protection.Key Activities:Examining insurance proposals for new and...

  • Personal Lines Underwriting Manager Senior Leader

    3 days ago

    Sandton, South Africa Santam Insurance Full time

    About UsSantam Client Solutions (SCS) Underwriting is a key capability of Santam's SCS business unit, ensuring the achievement of collective growth and profit responsibilities through close collaboration with internal stakeholders and external clients.The role requires a strong understanding of Personal lines underwriting expertise, specialist Property &...

  • Business Underwriting Specialist

    2 days ago

    Sandton, South Africa Dante Group Pty Ltd Full time

    Role OverviewDante Group Pty Ltd is seeking a skilled professional to join their Financial Services team as an Underwriter. This role involves assessing and managing risks associated with commercial and personal lines insurance.About the JobThis is an exciting opportunity for a qualified individual to utilize their expertise in underwriting to drive business...

  • Technical Underwriter

    4 weeks ago

    Sandton, South Africa Sasria Full time

    Closing Date - 2025/01/31 - Reference Number - SAS250117-1 - Job Title - Technical Underwriter - Job Type - Permanent - Division - Insurance Operations - Department - Strategy and Underwriting - EE Occupational Levels - Level 4 & 5: Skilled, Technical and Academically Qualified - Location - Town / City - Sandton - Location - Province - Gauteng - Location -...

  • Senior Manager

    2 weeks ago

    Sandton, South Africa Santam Insurance Full time

    Job SummaryThe Senior Underwriting Manager - Personal Lines role is responsible for leading the underwriting strategy for our Personal Lines business portfolio. This includes managing a high-performing team, collaborating with internal stakeholders, and driving profitable growth.Company OverviewSantam is a leading general insurance company in Southern...

  • Personal Lines Insurance Expert

    2 days ago

    Sandton, South Africa Dante Group Pty Ltd Full time

    Financial Services RoleDante Group Pty Ltd is seeking a highly skilled Underwriter to join their Financial Services team. In this role, you will be responsible for assessing and managing risks associated with commercial and personal lines insurance, working closely with clients and Account Executives to deliver exceptional results.Main...

  • Commercial Lines Risk Manager

    2 days ago

    Sandton, South Africa Dante Group Pty Ltd Full time

    Underwriting PositionWe are seeking a skilled Underwriter to join our Financial Services team at Dante Group Pty Ltd. In this role, you will be responsible for assessing and managing risks associated with commercial and personal lines insurance, utilizing your expertise to drive business growth and success.Key ResponsibilitiesConduct thorough risk...

  • Technical Underwriter

    4 weeks ago

    Sandton, South Africa Sasria Recruitment Full time

    **Job Advert Summary**: The Technical Underwriter will perform technical underwriting tasks and participate in the implementation of underwriting terms and conditions for policy holders and implementation of rules and regulations for our distribution channel. **Minimum Requirements**: **Minimum Qualifications**: - Higher Certificate in Short-term...

  • Underwriting Assistant

    4 days ago

    Sandton, South Africa Sanlam Full time

    **What will you do?** - We have an exciting opportunity for an **Underwriting Assistant **within our** Financial Lines **Underwriting Departments.**What will make you successful in this role?** **Key responsibilities include**: **Underwriting Assistance**: - Draw monthly renewal list. - Check claims experience. - Send out renewal invitations / reminders. -...