Commercial Underwriter at Santam Insurance

What will you do?

• Santam’s Operations’ division currently has an exciting opportunity available for a Commercial Underwriter who will be based within the Operational Underwriting and Risk Control team (Bellville or Johannesburg). 
• To be responsible for maintaining and administering the Santam Underwriting rules within the Commercial Underwriting Technical Team Operations.

What will make you successful in this role?

• Manage appropriate underwriting rules for the commercial portfolio aligned with Santam’s risk appetite and rating structures.
• Provide technical underwriting expertise and advice to all internal clients.
• Understand, and champion the underwriting needs of intermediaries, staff and clients by Identify underwriting trends and addressing pro-actively.
• Handle referrals for complex underwriting and pricing exceptions
• Influence the behaviour of business partners in terms of underwriting applied on policies as well as underwriting actions which impact profit.
• Propose underwriting enhancement which may include wording changes or new coverages.
• Support the development of new product underwriting functionality on Santam platforms and applications.
• Assist with transfer of skills to underwriting partners in the business.

QUALIFICATIONS

• Bachelors’ Degree/AIISA/FIISA or comparable short term insurance qualification
• FAIS compliance (min of 120 credits on NQF5 in commercial insurance)
• Completed or in the process of completing the Santam Academy courses in commercial insurance (Internal)
• Completed the Risk Identification and Assessment programme (Internal)

KNOWLEDGE 

• Advance knowledge in MS Office:  Word, Excel, PowerPoint, Outlook as well as Microsoft Dynamics 365 
• In depth knowledge and understanding of commercial policy wordings 
• Extensive short-term insurance knowledge 
• Understanding of Commercial Underwriting quoting tools 

EXPERIENCE 

• Minimum of 10 years short-term insurance industry experience within a Commercial underwriting environment, with at least 5 years specifically focused on pricing and underwriting of risks.  

SKILLS 

• Ability to statistically analyse information and data 
• Advanced numeracy skills 
• Appreciation of insurance and underwriting principles 
• Santam Underwriting and Policy Administration Systems, namely: WEBe, Mainframe, PolicyCenter (will be advantageous)