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Senior Underwriter

3 weeks ago


Sandton, South Africa Guardrisk Full time

**Introduction**

**Role Purpose**

**Requirements**:

- Matric
- At least 120 FAIS Credits (NQF Level 5)
- At least +-10 years commercial and personal lines underwriting experience in an insurance company
- Insurance qualification would be an added advantage
- RE5 Short Term (Commercial and Personal Lines)
- Knowledge of Sasria and Sasria regulations

**Duties & Responsibilities**
- Ensuring that UMA and NMI Binder Holders are adhering to agreed mandates
- Monitoring the underwriting performance of the various cell facilities
- Developing / reviewing rating guidelines for the UMA’s and NMI Binder Holders
- Performing Due Diligence on New Business prospectsprior to Binder of Cell Agreements
- Performing client reviews as per the review programme
- Assisting in development of new products and the revision of existing ones
- Reviewing and drafting new policy wordings as required
- Reviewing and ensuring that Policies are issued in accordance with the reinsurance slips for all 100% reinsurance deals
- Ensuring compliance with all legislative and licensing requirements
- Providing technical advice to Portfolio Managers and Product Owners
- Performing special projects
- Collaborating with compliance area

**Competencies**
- Ability to work under pressure
- Planning and Organising
- Good communication skills
- Numerical Skills
- Initiative
- Building Relationships
- Ability to work independently