Job Description

Sanlam Vacancies – Underwriter: Professional Indemnity

What You Will Do:
As an Underwriter: Professional Indemnity, you will be responsible for underwriting and managing a portfolio of existing and new business. Your core duties will include:

• Underwriting:
  • Underwrite and manage a diverse portfolio, ensuring all underwriting tasks are effectively carried out, including risk evaluation, pricing determination, and claims analysis.
  • Conduct detailed coverage and exposure analysis and provide reviews of policy wording.
  • Assess and understand loss ratios and claim trends to inform underwriting decisions.
  • Ensure adherence to the authority matrix, departmental protocols, and procedures.
  • Provide detailed explanations regarding changes to terms or underwriting stance, ensuring clear communication with relevant parties.
• Marketing and Client Liaison:
  • Visit brokers to discuss renewals, new business, and develop lasting relationships.
  • Provide market intelligence feedback to help inform business strategies and decisions.
  • Respond to internal and external client queries, ensuring satisfactory resolution within the scope of authority.
• Financial Responsibilities:
  • Manage a book of business in line with budget objectives.
  • Monitor renewals, lapsed policies, and new business, providing monthly reports.
  • Ensure the maintenance of a 2.5% Cancellation Reserve.
• Strategic Input:
  • Offer strategic input to improve and enhance business performance when required.
• General Administration:
  • Follow up on quotations, renewals, and assist with the preparation of policy documentation.
  • Handle account queries and assist with credit control when necessary.
  • Perform daily administrative tasks in accordance with organizational standards.

What Will Make You Successful in This Role:
To succeed in the role of Underwriter: Professional Indemnity, you should demonstrate:

• Experience and Qualifications:
  • A minimum of 5+ years experience in short-term insurance, with a focus on casualty lines of insurance or commercial underwriting.
  • Proven technical underwriting experience.
  • Matric certificate, with an appropriate tertiary qualification in insurance or risk management preferred.
  • FAIS compliance is advantageous.
• Key Skills:
  • Strong administrative skills and attention to detail.
  • Excellent analytical and judgment capabilities.
  • Strong client orientation with excellent communication and negotiation skills.
  • Initiative and ability to manage work and delegate tasks efficiently.
  • Teamwork and collaboration skills.
  • High levels of time management and the ability to handle high volumes of work under pressure.
  • Financial acumen and the ability to assess risks and make informed decisions.
  • Strong computer literacy and the ability to work with relevant systems and tools.

APPLY NOW

29 total views, 1 today

Apply for this Job

Name *

Email *

Message *

Upload resumé (pdf, doc, docx, zip, txt, rtf)

Upload cover letter (pdf, doc, docx, zip, txt, rtf)