Underwriter Manager - Johannesburg
R
800 000 – 1 200 000
per annum
Johannesburg, Gauteng
Johannesburg,
Gauteng
5 days ago
24-01-2025 11:15:02 AM
Be part of a well-established forward thinking 100% Black-owned insurance brokerage based in Gauteng, Johannesburg. Which specialises in a wide range of insurance services. Their service offerings include but not limited to Short-Term Insurance, Long-Term Insurance and Medical Aid and Insurance. The organisation also focuses on creating insurance awareness in historically disadvantaged communities. The organisation provides a dynamic and rewarding work environment where employees can grow professionally, contribute to innovative solutions, and make a positive impact on the community.
POSITION
Underwriter Manager – Gauteng
LOCATION
Johannesburg, Bryanston, South Africa
Johannesburg, Sandton, South Africa
SALARY
R800 000 – R1 200 000per annum
RESPONSIBILITIES
The Underwriting Manager will be reporting to the General Manager of the business.
Oversight and Management: Supervise all underwriting procedures and manage the underwriting department, including performance reviews and salary adjustments.
Renewals and Reinsurance: Ensure timely renewals and manage reinsurance negotiations and limits.
Document Management: Maintain up-to-date and accessible document management systems.
Data and Performance Analysis: Provide key data and ratio analysis, evaluate portfolio performance, and ensure compliance with company strategy and regulatory requirements.
Resource Management: Optimise time and processes to meet client expectations and comply with risk standards.
Client and Stakeholder Relationships: Build and maintain relationships, manage client insurance portfolios, and provide accurate reporting.
Process Improvement: Identify and enhance processes, ensure adherence to service standards, and support sales and service objectives.
Training and Development: Identify training needs, ensure personal development plans are completed, and share knowledge with the team.
Portfolio Management: Focus on portfolio growth and revenue increase, improve productivity, and reduce errors.
Key Performance Indicators:
Customer Focus: Achieve customer satisfaction and service standards.
Leadership: Demonstrate strong leadership and management skills.
Internal Processes: Ensure efficient internal business processes and accurate reporting.
Learning and Development: Engage in continuous learning and development.
Technical/Professional Knowledge:
Communication Strategies: Effective communication skills.
Data Analysis: Ability to analyse data and trends.
Governance and Risk: Knowledge of governance, risk, and controls.
Financial and Project Management: Understanding of financial and project management principles.
Regulatory Knowledge: Familiarity with relevant regulations and compliance requirements.
MINIMUM REQUIREMENTS
BCom Degree (Insurance/Risk Management/Other) · RE5 Certificate, FAIS Credits (Non-negotiable) · Minimum 8 years in underwriting, with 5 years at management level, preferably with Municipalities & SOEs accounts.