This career opportunity is available at SHA Risk Specialists a division of Santam for the Underwriter: Financial Lines, who will be based in Johannesburg: Illovo.
What will make you successful in this role?
Financial analysis
- Assessment of financial statements of businesses across a broad spectrum of industries
- Identification of financial, governance and fraud risks
- Research and assess risks utilising data outside of the financial statements (SENS, social media, general news media)
- Underwrite and manage a portfolio of existing and new business, which may be complex in nature, including all tasks associated therewith but not limited to risk evaluation and assessment, coverage analysis, pricing and wording negotiations within underwriting authority.
- Refer and acquire sign-off relating to matters falling outside of own authority, in accordance with authority matrix.
- Visit brokers to discuss renewals and new business with a focus to build relationships and develop market presence.
- Feedback on market intelligence.
- Respond to queries and resolve to the satisfaction of the affected parties within the scope of authority and / or responsibility.
- Prepare for and attend meetings.
- Meet budget responsibility for a book of business.
- Monitor renewals, lapsed policies and new business with monthly report back.
- Provide strategic input for relevant business area if and when required.
- Mentor and provide technical training of current and new staff if and when required.
- Assist Underwriting Head in the day-to-day management of staff on underwriting matters and other issues if and when required.
- Assist with performance management of staff if and when required.
- Follow up on quotations and renewals.
- Sign and check policy documentation.
- Handle accounts queries.
- Assist with credit control if and when required.
- Production and / or sign-off of reports within stipulated timeframes.
- Attend to daily administrative routine tasks in accordance with organisational standards, processes and procedures.
- Attend to the typing of general correspondence if and when necessary.
- Tertiary qualification a preference (B.Comm in Insurance, LLB, Finance, Accounting or Economics
- Must be FAIS compliant
- Minimum 5 years underwriting experience and possess Underwriting Authority
- Systemic Thinking
- Technical proficiency and proven underwriting track record in relevant line(s) of business
- Financial Acumen
- Track record for handling high pressure work environment
- Computer Literacy
- Administrative Skills
- Analysis and Judgement
- Attention to Detail
- Client Orientation
- Communication Skills including negotiation
- Initiative
- Managing workload
- Teamwork
Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Drives results - Contributing through others
Collaborates - Contributing through others
Being resilient - Contributing through others
About The Company
Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia.
Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance Good and Proper. Were about people. People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees.
At Santam we are committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society. In achieving our employment equity goals, we give preference to applicants from the designated groups in alignment with the Divisions Employment Equity targets.
