Requirements:

Honours BCom in Accounting, Finance, Business Management, Risk Management and Insurance
8-10 years Life and/or Short term insurance underwriting experience
8-10 years Insurance operating system experience
Underwriting and administration
Maintenance of policies in an operating system
Quality Assurance

Key areas:

Develop and manage budget
Manage expenditure and ensure no fruitless expenditure
Adhere to financial guidelines and thus ensure proper control over expenditure
Pursue divisional targets and manage the financial health and stability of division
Analyse the business plan to determine the applicable deliverables and targets
Compile the Performance Management documentation in collaboration with the staff
member in terms of:
Job Profile requirements
Key Performance Areas
Manage underwriting performance of outsourced and binder mandates in line with internal guidelines and company processes
Initiate corrective actions where required to maintain quality standards.
Provide integrated long-term solutions and strategies for dynamic portfolio management to deliver profitable growth
Make authoritative decisions about technical underwriting and business enhancement solutions that would significantly improve business performance.
Develop and maintain underwriting guidelines aligned to the risk appetite of the business
Develop processes and procedures to ensure that business is underwritten in accordance with set standards and rates.
Demonstrate a high degree of knowledge regarding underwriting quantitative and qualitative tools.
Review, benchmark and update policy cover, policy wording, general terms and conditions