Senior Corporate and Commercial Underwriter - Johannesburg Verfied

Salary Negotiable Johannesburg, Gauteng Johannesburg, Gauteng more than 14 days ago 20-07-2015 1:25:23 PM
17-08-2015 1:25:23 PM
An International Insurance Company is looking to appoint an Underwriter to take responsibility for Corporate and commercial business in The Democratic Republic of Congo (DRC).

You will act as a senior member of the Insurance Group with their head office based in South Africa, writing business emanating from the DRC, working to achieve sustainable, profitable targets with a strong emphasis on service. You will act as lead underwriter working across a range of specialist products including AAR, Engineering, CAR, Construction, Renewables, etc. while using your client facing market presence to trade with brokers, risk managers and international insurers and reinsurers across regions.

Your role will see you as the ultimate referral point for your team on technical issues and pricing, you will also be responsible for training, coaching and developing colleagues on technical and development matters.
You will report to and have the support of the Head office technical underwriting team based in South Africa.

Minimum Requirements:
Relevant market experience of minimum 5 years is a requirement. Candidates applying for this position needs to be disciplined, presentable, self-motivated and possess strong time management skills. Work is driven by an internal system and requires an analytical mind.

Responsibilities:

Negotiating and pricing underwriting risks
Renewal of business
Negotiate renewals with Brokers / Clients / Reinsurers
Raising debits and credits
Assist with Credit Control
Liaison / negotiation with Reinsurers on Facultative business and obtaining quotations and placement of Reinsurance.
Liaison with Brokers / Clients
Bulk business negotiations with Brokers or Corporate Clients
Requesting and implementing and monitoring of surveys
Rating and structuring of Corporate Clients
Negotiating tender documents
Negotiate and pricing global program business and arranging of Reinsurance or Co-insurance support
Develop and arranging specialized covers and risks
Smoothly managing your division on a day to day basis.
Screening and distribution of incoming mail.
Ensure accuracy of outgoing documentation is up to company standards.
Facilitating the timeous renewal of policies.
Assisting and overseeing the running of the credit control department.
Liaising and building relationships with Brokers / Clients.
Liaising with and assisting the Global Accounts & RI departments at Head Office with queries on all Global Accounts and re-insurance placements.
Facilitate and assist with queries from the Underwriting, Claims, Marketing, re-insurance and accounts departments.
Assist with arranging facultative re-insurance when required.
Negotiate renewals with Brokers / Clients / Re-insurers.
Provide assistance to HR with new appointments and interviews.
Develop, implement and monitor administration processes to ensure efficient policy administration.
Monitoring and Assisting with commission payments to Brokers and agents.
Monitoring and Assisting with all outgoing re-insurance payments.
Responsible for monthly reporting on underwriting, budgets, Loss ratios and the like to the Executive Committee management meetings.
Assist with commission negotiations.