Treaty Underwriter

2 months ago

Sandton, South Africa Hannover Re Full time

If you have a strong background in underwriting in the short term insurance or reinsurance industry, then Hannover Re South Africa with offices in Johannesburg / South Africa, has just the role for you. See more details related to the role below, which is available on a permanent full-time basis.

You can look forward to

Underwriting Treaty – Reinsurance underwriting functions; accurate use of rating tools, accurate capturing of treaty information monitoring of results of each contract in portfolio and employing corrective actions; attend broker/cedents meetings; acquiring of new profitable business.
Claims -  Accurate and timeous analyses of claims received on daily basis; Manage the entire process for the relevant portfolio assigned within the procedures and guidelines; Refer all contentious claims to Manager and/or Legal & Compliance Officer; Raising necessary reserves
Client Relationship Management and Marketing – Familiarisation of marketing strategy and marketing programme of the unit and Company; Develop an annual marketing plan and interact regularly with clients.
Technical Account s– Use client relationships to assist the Treaty Accounting Services unit with any queries they might have on particular accounts.
Administration - Accurate capturing of all relevant treaty information , filing, file audits, liaise with Treaty Accounting Services to ensure that accounts are up to date and that cash is timeously being paid to us as per treaty agreements. 
Stakeholder management – effectively communicate with the immediate team as well as the wider Treaty and business units. This includes managing relationships with the direct Manager, Senior Management, Underwriting Managing Agencies and Home office

You come equipped with

Undergraduate degree in a business and/or commercial or insurance Minimum 5 – 10 years’ experience in the short term insurance industry Experience in specialist line (s) in Property and Casualty underwriting with a focus in engineering, marine or property Working knowledge of underwriting principles, Financial knowledge, analytical experience. Proven track record in initiating and following through on projects Proven track record in dealing with national and international clients (special focus African continent) Strong technical skills and problem solving skills  Ability to critically assess and review own work done and work independently Ability to pay attention to detail for accurate work  Be accountable for deliverables within scope of work Reinsurance experience an advantage Proficient in English (speak, read, write)

Computer skills  

Intermediate level MS Word, Excel, PowerPoint required. Beginner level Access and SQL and advantage.

Employment Equity

Employment Equity South African Citizens as qualified by the Employment Equity Act will be given preference in relation to the company’s Employment Equity Plan. A relevant work permit is required if a foreign national or non-South African citizen applies for the role.

What We Offer 

Atmosphere

A warm culture entrenched in our core values of Responsibility, Drive and We-spirit where professionals team up to create opportunities for our employees and clients.

Benefits

Thorough onboarding, hybrid and/or flexible working environment with daily warm lunches at the company’s cost/prepared by our very own catering team. 
Comprehensive group risk benefits; generous annual and parental leave benefits which put people first as well as great learning and development opportunities aligned to business operations. A great location within walking distance of the Gautrain, and opposite the Rosebank mall.

If you want to work in a dynamic and global environment with a Somewhat Different approach to doing business, then please click on the 'apply now' button - closing date 11 October 2024.


You can find out more about our working environment, your entry options and development opportunities at .

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