02.06.2024
Commercial Underwriter Privé
Sanlam Limited
South Africa, Sandton
Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Create Alert Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. Our success is rooted in our passion for our clients and everything we do is centred on our delivery of Insurance Good and Proper. SBS Commercial Privé has a position available for an Asset All Risk commercial underwriter sales (quotes and new business) JOB DESCRIPTION The position will have full accountability for the underwriting of all very large Commercial Property policies with exposures greater than R250m at every stage of the policy lifecycle i.e. from quote stage to amendments to renewal of these policies and will therefore require a certain level of discretion to be considered and applied. The incumbent will be expected to know these policies intimately and be able to discuss details directly with brokers, giving advice where required and suggesting solutions. KNOWLWDGE AND SKILLS • Analytical thinking with ability to statistically analyse information and data • Working knowledge of the Santam Mainframe and Policy Centre systems to be in a position to quote and capture the the policies accurately • Ability to cope with conflicting demands and to prioritise tasks • Appreciation of insurance and underwriting principles • Numerical skills • Information seeking i.e. likes to get to the bottom of things • Commercial and profit driven • Execution and deadline oriented • Good communication skills (verbal and written) • Keen attention to detail • Teamwork and collaboration What will make you successful in this role? KEY RESPONSIBILITIES Have a deep understanding and interpretation of technical surveys, survey reviews and risk reduction controls based on various commercial risk classes. • Prepare underwriting terms on quotations for these policies in line with the Santam Underwriting Guideline and individuals mandate. • Assist with amendment Potential queries for these policies on the Santam system • Prepare reinsurance calculations to determine the exposure • Read and Interpret the survey report requirements in order to assess the risk and provide brokers with feedback on quotations in this regard. • Interpret technical information and assist brokers with policy wording interpretation • Discuss renewals with brokers for these policies and have intimate understanding of these policies so that you can have an informed discussion with brokers, Technical Managers and Commercial Property Specialist where necessary • Collate information and identify missing information before sending onto Underwriting Specialist; reference source for information and recommend decision to Specialist • Perform underwriting reviews (new business, amendments, multi claimants and renewals) • Manage data quality and find solutions to improve data for underwriting purposes QUALIFICATIONS AND EXPERERIENCE • Matric • Minimum of 5 years Commercial Lines underwriting experience • Minimum 60 commercial credits • Additional completed tertiary insurance qualifications will be beneficial • In-depth knowledge and working experience of the Asset All Risk product • Working knowledge of reinsurance • Computer literate (MS Word, Excel and PowerPoint – intermediated proficiency levels) Personal Attributes Manages complexity - Contributing independently Persuades - Contributing independently Action orientated - Contributing independently Business insight - Contributing independently Build a successful career with us We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth.Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development. Core Competencies Cultivates innovation - Contributing independently Customer focus - Contributing independently Drives results - Contributing independently Collaborates - Contributing independently Being resilient - Contributing independently Turnaround time The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. Our commitment to transformation The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process. #J-18808-Ljbffr
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