Underwriting Manager (Centurion) at AFGRI Equipment

Description

• AFGRI Insurance Brokers is looking for an experienced Underwriting Manager to ensure our adherence to industry regulations and uphold the highest risk management standards.

Requirements

Minimum Requirements

• Grade 12 (Matric)
• BCom or Bachelor’s degree in Law, Risk Management, Business Administration, or a related field.
• RE5.
• 5 - 8 years of Management experience in Short Term underwriting.
• Certifications such as Certified Compliance and Ethics Professional (CCEP), Chartered Insurance Institute (CII) qualifications, or specific insurance compliance certifications will be an advantage.
• Extensive experience as a Super User of the Cardinal Broker Administration System is essential.

Key Performance Areas

• Regulatory Compliance: Ensure the organisation complies with the Financial Sector Conduct Authority (FSCA) and Prudential Authority (PA) regulations, as well as other relevant legislation such as the Insurance Act of 2017.
• Risk Management: Conduct regular risk assessments, manage compliance risks, and address incidents and breaches.
• Insurer Liaison: Work closely with insurers on product updates, underwriting criteria, and compliance matters.
• Quality Assurance: Conduct internal compliance audits, coordinate with external auditors, and ensure policies and procedures are followed.
• System Administration: Manage system upgrades, product profiles, and provide training on the Cardinal broker administration system.
• Policy Development: Develop, implement, and maintain compliance policies and provide training to ensure staff adherence.
• Reporting: Prepare and submit compliance reports to senior management and regulatory bodies, maintaining accurate compliance records.

Technical Competencies

• Regulatory Knowledge
• Risk Management
• Ability to identify, assess, and mitigate compliance risks.
• Proficiency in developing and implementing risk management frameworks and controls.
• Skills in conducting internal audits and compliance monitoring.
• Ability to develop and maintain compliance monitoring programmes.
• Knowledge of best practices in policy development and implementation.
• Data Analysis
• Ability to design and deliver compliance training programmes for employees.
• Proficiency in MS Office (Word, Excel, PowerPoint)

Behavioural Competencies

• Attention to Detail
• Analytical Thinking
• Integrity and Ethical Judgement
• Communication Skills
• Interpersonal Skills
• Adaptability
• Leadership