Auditor - Underwriting and Claims

 

Recruiter:

Recruitment Insured (PTY) Ltd

Job Ref:

CPITA

Date posted:

Friday, August 13, 2021

Location:

Johannesburg, South Africa

Salary:

A market related salary is offered based on skills and experience


SUMMARY:
An exciting opportunity has arisen for an experienced Underwriting and Claims Auditor to join a leading and dynamic Insurer in JHB.

POSITION INFO:

Duties & Responsibilities

Responsibilities will include face to face and desktop audits of underwriting and claims files to ensure:-

  • Consistency in underwriting and claims.
  • Underwriting standards are met in terms of risk acceptance and target business
  • To ensure that policies incepted by underwriters are done so within their respective underwriting mandates. 
  • To ensure underwriting information has been captured correctly on their respective system as well as within their respective shared drive. 
  • To ensure that the correct reinsurance is in place. 

 

  • To ensure all claims processes are sound. 
  • To ensure all notifications are recorded timeously and reserves are raised accordingly. 
  • Ensure that Agreements of Loss and Risk Improvements are implemented. 
  • Ensure compliance and quality control adherence. 
  • Ensure adherence to regulatory standards set with Treating Customers Fairly principles. 
  • Ensure credit control and E Filing adherence. 
  • Enhance the image of the company through the continuous delivery of efficient and 
  • Effective customer service. 

 

Desired Experience & Qualification

Minimum :

  • Auditing or Business degree advantageous
  • RE and FAIS compliance  preferred

 

  • Solid special risks LIABILITIES Underwriting experience with at least 3 years’ experience including: 
    • Product knowledge of special risks Liability products
    • Industry segmentation knowledge and applicable risk exposures 
    • Enquiring mind – seek out additional information in order to best understand a risk 
    • before underwriting such risk 
    • Underwriting procedure 
    • Insurance terminology 
    • Rating principles 
    • Risk Management 
    • Market knowledge (including competitors) 
    • Claims procedure 
    • Credit Control 
    • Reinsurance market, reinsurance and treaties 
    • Financial analysis 
 
  • Minimum two years audit experience preferred

 

Please note that only shortlisted candidates will be contacted, if you have not received a response within 5 working days, please consider your application as unsuccessful.



 

NB! This job is now closed. You can apply for other jobs by uploading your CV.



 

 

 

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