What will you do?<\/p>\n
\tSantam Reinsurance has a Reinsurance Underwriter role available. The role reports tthe Territorial Lead:Reinsurance Underwriting and will be based at the Santam Head Office in Bellville.
\n\tThe Reinsurance Underwriter will be responsible for underwriting and managing a reinsurance treaty book within one of Santam Reinsurance\u2019s existing geographical regions.<\/p>\n
KEY ACCOUNTABILITIES AND RESPONSIBILITIES WILL INCLUDE:<\/p>\n
\tDeveloping, managing and maintaining a reinsurance treaty book in the chosen territory. This is both, a client facing role and an analytics and accounting role in conjunction with the Pricing team.
\n\tBuilding and maintaining reinsurance broker and client relationships for both existing business and potential business.
\n\tReviewing pricing and underwriting the reinsurance treaties using a range of actuarial and softer methods wordings
\n\tUnderstanding of contract wordings and able to negotiate on a granular level in compliance with internal guidelines.
\n\tDetailed meeting capture following market visits
\n\tChecking and monitoring accounts, payments and profitability of the book.
\n\tDrive profitability and growth in the chosen territory according to annual premium volume, profitability and volatility benchmarks.
\n\tPreparing Underwriting Review for Underwriting Committee.
\n\tReview and submit endorsements and special acceptances for review and approval
\n\tCapturing of information on relevant system.
\n\tResponsibility for completeness of all required documents and adherence to the Underwriting Guidelines and Standard Operating Procedures.<\/p>\n
Qualifications and Experience<\/p>\n
Minimum Requirements:<\/p>\n
\tUndergraduate degree with a significant numerate component (actuarial, stats, maths, commerce etc.)
\n\t3 years of Treaty Reinsurance Underwriting experience
\n\tProficient in Microsoft Excel , MS Word and PowerPoint
\n\tWillingness to work over the Christmas and Easter Holiday period
\n\tWillingness to travel occasionally<\/p>\n
Advantageous Qualifications, Knowledge and Experience:<\/p>\n
\tGood understanding of reinsurance principles and concepts
\n\tAn understanding of reinsurance wordings, reinsurance markets and the end-to-end analysis of reinsurance submission.
\n\tA strong understanding of insurance and related risks
\n\tReinsurance technical accounting knowledge
\n\tProject Management experience<\/p>\n
Apply via company website ( http:\/\/www.santam.co.za ) or<\/p>\n
careers.sanlamcloud.co.za<\/p>\n
<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"http:\/\/careers.sanlamcloud.co.za","_company_name":"Santam Insurance","_company_website":"http:\/\/www.santam.co.za","_company_tagline":"Santam Limited is the largest short-term insurer in South Africa, with a market share in excess of 22%, providing short-term insurance products through broker networks and direct sales channels. The company was established in 1918 and offers personal, commercial, and corporate insurance solutions. S... read moreantam is a subsidiary of Sanlam Limited and has been listed on the Johannesburg Stock Exchange (JSE) since 1964. 1 Sportica Crescent Tyger Valley Bellville, 7530","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[15],"job-types":[12],"class_list":{"0":"post-36162","1":"job_listing","2":"type-job_listing","3":"status-publish","4":"hentry","5":"job_listing_region-western-cape","7":"job-type-full-time"},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings\/36162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/media?parent=36162"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job_listing_region?post=36162"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-types?post=36162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}