Assistant underwriting manager

  • Full Time
  • Anywhere

Date Posted: 2022/07/13 | Department: Underwriting | Expiry Date: 2022/08/31

THE MAIN RESPONSIBILITIES OF THE ROLE INCLUDES

  • Assist the Underwriting Manager and oversee all underwriting activities, act in this role if the manager is absent
  • Develop, implement, and manage appropriate underwriting rules and rating structures
  • Provide support and approval for team members and for standard underwriting projects
  • Provide service and solutions to brokers and broker consultants to ensure business retention and profitable growth
  • Provide accurate and relevant risk reporting to relevant stakeholders
  • Direct the underwriting activities, while supporting the risk management activities
  • Assess underwriting risks and determine rates based on these risks
  • Identify underwriting trends and address proactively
  • Peruse surveys and provide input where needed
  • Apply technical underwriting principles to complex accounts
  • Actively participate in the team environment and work closely with the team leaders and management team

THE QUALIFICATIONS AND EXPERIENCE WE ARE LOOKING FOR

  • Bachelor’s Degree (in the fields of either Business Administration, Commerce, Finance, Law, or Accounting)
  • FAIS Regulatory Examination (RE1 and RE5)
  • Full qualification in short-term insurance
  • Registered with FSCA as a representative and Key Individual
  • Adherence to the FSCA Fit and Proper requirements
  • Min 5 years or more experience in short-term insurance – both domestic and commercial insurance
  • Min 5 years or more experience in a risk and enterprise risk management environment
  • Min 2 years or more experience leading and motivating a team
  • Experience with reinsurance and co-insurance

THE COMPETENCIES WE REQUIRE ARE

  • Proficiency in analysis, judgement, problem-solving, collaboration, negotiation, business logic, and influencing
  • Proficiency in the MS Office Suite with excellent Outlook, Excel, and Word skills
  • Proficiency in working with insurance systems
  • Proficiency in the relevant legislative knowledge, i.e., Solvency Assessment and Management (SAM), Protection of Personal Information (POPI), short-term insurance acts – FAIS, etc
  • Technically proficient with product knowledge, wording / product endorsements, rates, SASRIA, etc. relevant to type of insurance being offered
  • Conversant in English and Afrikaans
  • Excellent presentation skills and strong ability to interact with management at all levels

THE TYPE OF PERSONALITY THAT WILL EXCEL IN OUR TEAM

  • Act ethically and respectfully in every situation
  • Work meticulously with a very high attention to detail
  • Highly organised and deliver work on time, and to the highest standard
  • Build strong and cohesive relationships with diverse stakeholders
  • Can work under pressure and with a sense of urgency and assertiveness
  • Excellent communication and interpersonal skills
  • Must be a team player and enjoy collaboration

How to apply

If you have the minimum qualifications, experience and required skills and personal attributes, or should you know of anyone, you/they may apply using Career Junction: www.careerjunction.co.za – Job Reference: 2519226

Alternatively, CV’s can be emailed to cv@safireinsurance.com with the subject line as the Job Reference: 2519226

Important Note

Please note that by expressing interest and applying for the opportunity advertised, the applicant understands and agrees that they are providing their personal information for the purposes of prospective employment. Any information supplied to Safire Insurance Company Ltd (“Safire”) is provided voluntarily and therefore constitutes specific, voluntary consent to the processing of such information. Your personal information will be processed for: –

  • Facilitating your application for employment with Safire;
  • Conducting various reference / background checks;
  • The legitimate interest of Safire and/or yourself, both during the recruitment process and thereafter; and
  • Any statutory or regulatory compliance (where applicable).

You have the right to request access to, and correction of, your personal information. Subject to the requirements of applicable South African law, you can, at any time, instruct Safire to cease the processing of your personal information and / or request that Safire delete and / or de-identify such personal information.

The appointment of candidates is at the sole discretion of Safire. An application will not entitle the applicant to an interview or appointment. Only shortlisted candidates will be contacted. If you do not hear from us within 2 weeks of the closing date of this job advertisement, please consider your application unsuccessful.

To apply for this job email your details to cv@safireinsurance.com.