Underwriter Manager

Justthejob.Co.Za; Gauteng; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading insurance brokerage based in Gauteng is seeking an experienced Underwriter Manager to oversee the underwriting department. This role involves managing underwriting procedures, maintaining client portfolios, and ensuring compliance with regulatory requirements. The ideal candidate will have a strong background in underwriting management and relevant qualifications, including a BCom Degree and RE5 Certificate.

Qualifications

• Minimum 8 years in underwriting, with 5 years at management level.
• Preferably experience with Municipalities & SOEs accounts.

Responsibilities

• Supervise all underwriting procedures and manage the underwriting department.
• Ensure timely renewals and manage reinsurance negotiations.
• Maintain up-to-date document management systems.
• Provide data and ratio analysis to evaluate portfolio performance.
• Build and maintain client insurance portfolios.

Skills

Effective communication skills

Data analysis

Governance, risk, and controls knowledge

Financial and project management understanding

Regulatory knowledge

Education

BCom Degree (Insurance / Risk Management / Other)

RE5 Certificate, FAIS Credits

Job description

Be part of a well-established forward thinking % Black-owned insurance brokerage based in Gauteng, Johannesburg.

Specialising in a wide range of insurance services, the company offers Short-Term Insurance, Long-Term Insurance, and Medical Aid and Insurance.

The organisation also focuses on creating insurance awareness in historically disadvantaged communities.

The organisation provides a dynamic and rewarding work environment where employees can grow professionally, contribute to innovative solutions, and make a positive impact on the community.

Position

Underwriter Manager – Gauteng

Location

Johannesburg, Bryanston, South Africa

Johannesburg, Sandton, South Africa

Salary

R per annum

Responsibilities

The Underwriting Manager will be reporting to the General Manager of the business.

• Oversight and Management: Supervise all underwriting procedures and manage the underwriting department, including performance reviews and salary adjustments.
• Renewals and Reinsurance: Ensure timely renewals and manage reinsurance negotiations and limits.
• Document Management: Maintain up-to-date and accessible document management systems.
• Data and Performance Analysis: Provide key data and ratio analysis, evaluate portfolio performance, and ensure compliance with company strategy and regulatory requirements.
• Resource Management: Optimise time and processes to meet client expectations and comply with risk standards.
• Client and Stakeholder Relationships: Build and maintain relationships, manage client insurance portfolios, and provide accurate reporting.
• Process Improvement: Identify and enhance processes, ensure adherence to service standards, and support sales and service objectives.
• Training and Development: Identify training needs, ensure personal development plans are completed, and share knowledge with the team.
• Portfolio Management: Focus on portfolio growth and revenue increase, improve productivity, and reduce errors.

Key Performance Indicators:

• Customer Focus: Achieve customer satisfaction and service standards.
• Leadership: Demonstrate strong leadership and management skills.
• Internal Processes: Ensure efficient internal business processes and accurate reporting.
• Learning and Development: Engage in continuous learning and development.

Technical / Professional Knowledge:

• Communication Strategies: Effective communication skills.
• Data Analysis: Ability to analyse data and trends.
• Governance and Risk: Knowledge of governance, risk, and controls.
• Financial and Project Management: Understanding of financial and project management principles.
• Regulatory Knowledge: Familiarity with relevant regulations and compliance requirements.

Minimum Requirements

• BCom Degree (Insurance / Risk Management / Other)
• RE5 Certificate, FAIS Credits (Non-negotiable)
• Minimum 8 years in underwriting, with 5 years at management level, preferably with Municipalities & SOEs accounts.

Application

Applications can be sent to Katleho.M