Underwriting Analyst

6 months ago


Johannesburg, South Africa Sanlam Full time

What will you do?

Underwriting Services in its Personal Lines Underwriting team has a position available for an UNDERWRITING ANALYST who will be based Hill on Empire, Parktown, Johannesburg.

What will make you successful in this role?

The purpose of the role is to support Portfolio Admin & Outsourced Business with:

Monthly processing of renewals for all Outsourced Business Binderholders Manage renewal data cleansing and quality control. Recommend and communicate data clean-up actions to Binderholders Data modelling – enhancing and use of current models Broker renewal performance analysis Assist with renewal automation projects  Continuous enhancement of the UW segmentation model Client Segmentation and application of differentiated renewal increases Alignment of renewal rules with rating changes and market forces Identification of performance and growth corrective actions Drive renewal implementation and monitor results thereof. On-site renewal audits from time to time Renewal report preparation and presentation to management. Analysis of Outsourced Business Portfolios and presentation of findings and recommendations to relevant stakeholders.

Qualifications and Experience

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 PowerPoint presentation skills  2 to 3 years general insurance experience will be an advantage Experience in working with large data sets Knowledge of data mining techniques Short term insurance pricing knowledge would be an advantage

Knowledge and Skills

High analytical thinking Ability to grasp concepts quickly Exceptional problem solving skills  Strong ability to manipulate and interpret data Good communication and presentation skills  Proactive and self-motivated Ability to perform under pressure Time management and focussed delivery of deadlines Good planning, analytical and decision-making skills A good team player – integrates and shares knowledge and skills Displays keen insight and intuition

Competencies

Client focus Collaborative Flexibility and adaptability Innovative Drive results Action orientated Analytical thinking Information seeking Applying expertise and technology Data Analysis Data modelling

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