Sanlam Vacancies in Johannesburg – Underwriter

Website Sanlam

Job Description:

This career opportunity is available at SHA Risk Specialists a division of Santam for the Underwriter: PI, who will be based in Johannesburg: Illovo.

Job Responsibilities:

  • Feedback on market intelligence.
  • Ensure we maintain a 2.5% Cancellation Reserve
  • Underwrite and manage a portfolio of existing and new business, which may be complex in nature, including all tasks associated therewith but not limited Underwriting Governance which includes detailed risk evaluation and assessment, coverage and exposure analysis, pricing determination, detailed claims analysis (understanding loss ratios and claim trends) and wording review & negotiations within underwriting authority.
  • Monitor renewals, lapsed policies and new business with monthly report back.
  • Prepare for and attend meetings.
  • Respond to queries and resolve to the satisfaction of the affected parties within the scope of authority and / or responsibility.
  • Adherence at all times to the authority matrix, departmental protocols and procedures, including Underwriting Governance provisions.
  • Refer and acquire sign-off relating to matters falling outside of own authority, in accordance with authority matrix.
  • Detailed explanations regarding changes with respect to terms/ underwriting stance.
  • Meet budget responsibility for a book of business.
  • Visit brokers to discuss renewals and new business with a focus to build relationships and develop market presence.

Job Requirements:

  • Track record for handling high pressure work environment
  • Financial Acumen
  • Strong Communication Skills (Internal & external)
  • Systematic and Logical/Critical Thinking
  • Technical proficiency and proven underwriting track record in relevant line(s) of business
  • Computer Literacy

Qualification & Experience:

  • 5 years PI underwriting experience
  • Matric
  • Appropriate degree and/or insurance related qualification.
  • FAIS compliant

Job Details:

Company: Sanlam

Vacancy Type:  Full Time

Job Location: Johannesburg, Gauteng, SA

Application Deadline: N/A

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