Senior Reinsurance Underwriter

3 weeks ago


Cape Town, South Africa Sanlam Full time

What will you do?

Santam is looking for a passionate and energetic individual for a position as Senior Reinsurance Underwriter who will be based in Tygerpark, Bellville. This exciting opportunity is available within Santam RE: Underwriting.

What will make you successful in this role?

The role exists to oversee and manage all underwriting non-pricing related activities in each cluster. This includes and is not limited to adherence to underwriting guidelines of Santam Group, Santam Re and New Re and establishing best practise in terms of treaty wordings and underwriting. The Senior Underwriter will report into the Chief Pricing Actuary. 

KEY ACCOUNTABILITIES:

Managing a treaty book from underwriting perspective within a cluster. Understand and interpret output from pricing models and be able to do pricing on larger treaties using Santam Re pricing tools. Review contract wordings in line with underwriting guidelines. Review underwriting motivational e-mails Review endorsements and special acceptances Claims review and approval Capturing of underwriting information on I-Re Ensure completeness and accuracy of all underwriting admin Training of junior staff on all underwriting aspects Maintenance of internal reports

Qualifications and Experience

Master’s degree with significant numerate component, an Engineering or Actuarial degree (FIA, CFA or Actuary)  Minimum of 10 years’ experience in P&C Reinsurance Solid client and business development experience of at least 10 years.

Skills

Leadership capabilities. Excellent verbal and written communication skills. Analytical ability. Advanced numeracy skills. Analytical and detail orientated Ability to work independently with limited supervision. High stress tolerance. Ability to work to tight deadlines and under pressure. Strong negotiation skills. Team Player. Ability to work flexible working hours. Willingness and desire to learn. Ability to multi-task. Solid interpersonal and relationship building skills. Good planning and organizing skills. Time management. Mentoring

Competencies

Cultivates Innovation - Creating new and better ways for the organisation to be successful. Client Focus - Building strong customer relationships and delivering customer-centric solutions. Drives Results - Consistently achieving results, even under tough circumstances. Collaborates - Building partnerships and working collaboratively with others to meet shared objectives. Flexible and Adaptable (Being Resilient) - Rebounding from setbacks and adversity when facing difficult situations. Reporting and administration Risk Management Contracting Wording Conflict Management Stakeholder management

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