Technical Underwriter

Sanlam Limited; Johannesburg; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A leading insurance company is seeking a seasoned Technical Underwriter to join their Strategic Partnership team in Johannesburg. The successful candidate will manage policy wording, monitor underwriting practices, and support sales teams on technical issues. A Bachelor's degree and over 8 years of technical underwriting experience in insurance are essential for this permanent role.

Qualifications

• Essential to have a Bachelor's degree or higher in a related field.
• 8+ years of experience in underwriting, focusing on technical underwriting.

Responsibilities

• Draft and maintain policy wording.
• Monitor underwriting practices across binder holders.
• Identify and implement risk mitigation measures.
• Articulate technical aspects of underwriting to stakeholders.
• Support sales teams on technical problems.

Skills

Technical underwriting experience

Risk assessment

Policy drafting

Stakeholder communication

Monitoring underwriting practices

Education

Bachelor degree or higher in a related field

Job description

We have an exciting opportunity for a seasoned Technical Underwriter to join the Strategic Partnership team (a department of Santam Strategic Partners).

This is a permanent opportunity based in Sandton, Johannesburg.

What will you do?

• Policy wording drafting and maintaining
• Underwriting considerations, restrictions and mandates
• Monitoring of underwriting practices across binder holders and intermediaries
• Underwriting exposure monitoring and reporting
• Identify underwriting trends
• Identify and implement risk mitigation measures
• Identify and implement risk reduction measures
• Alignment of underwriting and claims stage
• Articulate technical aspects of underwriting to stakeholders
• Monitor underwriting mandates extended to third parties
• Manage referrals on big business deals where there is price bidding
• Evaluation of risk and consideration of proposals for new business
• Support sales teams on technical problems

Qualifications and Experience

Bachelor degree or higher in a related degree is essential.

8+ years experience in underwriting (preferably short term insurance) with a focus on technical underwriting experience.