Sanlam Sky Vacancies – Senior Commercial Underwriter

Job Description:

Job Responsibilities:

• Maintain and provide input and guidance on these portfolios to ensure market competitiveness & retain relevance
• Responsible for policy wordings, policy guidelines and implementation of any regulatory underwriting requirements, e.g. PPR for this portfolio.
• Assist Commercial Underwriting in reaching its objectives. This may include getting involved in initiatives not listed here.
• Ensure all commercial risks on this portfolio adhere to Santam’s risk appetite and are written in accordance with our underwriting rules. This specifically includes all reinsurance and fronting arrangement entered into by the Namibian business unit, with regards to Commercial insurance
• Ensure that all Underwriting governance required for these portfolios is in place with appropriate reporting and resultant action steps
• Work with Actuaries to determine appropriate rating structures for these portfolios
• Meet with brokers to discuss reasons for decisions taken and negotiate differentiated terms
• Support underwriting managers in coming up with new solutions and innovations (including the use of Artificial Intelligence to automate underwriting decisions) that allow Santam to remain the market leader in Commercial insurance
• Handle all Namibian referrals of a complex nature and make underwriting decisions which requires logical balancing of profit and growth considerations within your mandate and in accordance with the underwriting rules determined by the underwriting managers for Property, Motor and Liability
• Assist in mandate setting, including associated curriculum for Namibian Commercial Underwriting.
• Develop talent and help grow the new generation of Santam Underwriters.
• Assist in maintaining and creating policy wordings for this portfolio, as needed.
• Assist in determining business specifications for the design and development of this portfolio’s offerings in Policy Centre, as needed
• Develop rating tools/solutions for these portfolios for use by external business partners as needed

Job Requirements:

• Advance Computer literacy (MS Word, Excel & PowerPoint)
• Proven track record of at least 15 years’ experience within an Underwriting environment, preferably with substantial commercial experience of which at least 10 years’ management of a Specialist Underwriting team
• Recommendation: Management or Leadership qualification
• Bachelor’s degree or relevant insurance related diploma: AIISA or FIISA or similar
• Must qualify for Santam’s Underwriting Level 1 mandate, as per our assessment methodology and criteria (this will form part of the interview process)

Job Details:

Company: Sanlam

Vacancy Type:  Full Time

Job Location: Johannesburg, Gauteng, South Africa

Application Deadline: N/A

Apply Here

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