Technical Underwriter

SUMMARY:
Technical Underwriter

POSITION INFO:
JOB DESCRIPTION

• Contribute towards the development of the company’s strategic plans.
• Contribute in the development and drive of the divisional strategy.
• Participate in Updating of policy wordings and regulations.
• Conduct market analysis in order to analyse industry needs and contribute towards the enhancement of existing products.
• Implement departmental policies and procedures.
• Partner with Actuarial function on pricing for new products, analysis of risk, to ensure that products are priced correctly.
• Analyse claims and premiums trends which provide input into underwriting pricing and risk
• Review terms and conditions of products annually to ensure they remain relevant and up to date.
• Conducting GAP analyses of our rules and regulations to ensure they remain relevant and up to date.
• Handle queries and provide technical assistance to our brokers and Agents through visits.
• Provide education through various platforms on company products to clients/agents, ensuring basic understanding of company’s role in the market.
• Review and compiling of training material (manuals & presentations).
• Conduct national road shows on company products
• Identifying Risks and Emerging Risks.
• Establish required controls to mitigate operational risks.
• Contribute in compiling budgetary requirements.
• Control the departmental budget ensuring expenditure remains within the set parameters.
• Perform any reasonable tasks as and when required by the Line Manager.
• Perform any reasonable tasks as and when required by the Line Manager.

• Higher Certificate in Short-term Insurance
• RE 5
• Advantageous Tertiary qualification (BCom degree or similar)
• 5 – 7 years’ experience in Short term Insurance - commercial underwriting or portfolio management